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Cryptocurrency News Articles
Following a temporary blip, the crypto market remains unpredictable, with Ripple’s XRP only experiencing a modest recovery despite ongoing legal battles.
Apr 05, 2025 at 03:02 pm
Speculators have already started talking of an “XRP 2.0” scenario in which the token can relaunch itself once legal clarity is achieved.
The crypto market continues to move unpredictably following a temporary blip. Despite ongoing legal battles, Ripple’s XRP saw only a modest recovery, with speculators already talking of an “XRP 2.0” scenario where the token can relaunch itself once there is legal clarity.
TRON (TRX) is fighting to restore confidence after reaching the heights of about $0.245, with pundits arguing if there will be further downward movement.
Against this backdrop, Remittix—a relatively new DeFi entrant—has created a stir by shattering presale records.
Here’s a closer look at the latest on XRP, TRON, and Remittix’s meteoric ascent.
XRP: Legal Wangles And A Futures Boost
On April 3, XRP saw a 1.96% gain as it recovered from yesterday’s 5.42% loss. Hope arrived in the shape of an unsolicited filing from Justin W. Keener, in which he asserted possession of “game-changing” information in Ripple’s SEC litigation.
However, there’s an abundance of caution as Keener boasts a record of unregistered penny stock activity and no apparent credible connection to Ripple’s lawyers.
Chart 1, Analyzed by Alokkp0608, Published on April 4th, 2025
The real turning point is if the SEC will do anything about recent news. Traders were hoping for guidance after an April 3 closed-door SEC met but nothing was announced.
Meanwhile, Coinbase Derivatives is listing XRP futures on April 21, which may bring in more liquidity to the token.
Most see this as a move towards “XRP 2.0,” with the implication of a future where robust derivatives markets are the source of both liquidity and stability.
Still, the near-term destiny of the coin hinges on whether any new announcements shift the suit in Ripple’s favor. If the SEC appeals previous rulings or forever holds its silence, doubt might squeeze buying pressure.
Conservative holders now eye $2.50 as an absolute floor and chartists indicate $2.84 for another resistance test.
TRON: Rebound Or Further Downside?
TRON (TRX) remains in a battleground between bullish and bearish possibilities. A falling channel terminated at $0.20 in February, which started a bounce that reached $0.245—the 0.618 Fibonacci retracement.
That point has persistently rejected TRX’s attempts at recovery, with strong resistance above.
TRX Price Chart Analysis
Technical indicators are mixed. The RSI has broken a hidden bullish divergence, and a support trendline has been rising since the February low. However, the price has yet to break convincingly above the 0.618 Fib zone, and some analysts are wary that a final Y wave down will develop if bullish momentum is not imminent.
TRX’s mid-term trajectory may be contingent upon the overall market sentiment, especially if there is negative news regarding platform development or ecosystem expansion. Currently, TRX holders await further decisive signals to observe if the token can rally to higher levels or drops back to its recent lows at around $0.20.
Remittix: The Surging Altcoin Breaking Records
As XRP grapples with legal turns and TRX probes key Fibonacci levels, Remittix has stolen the spotlight by taking over the DeFi narrative. It’s a new cross-border payment network that allows users to exchange over 40 cryptocurrencies for fiat and transfer money to bank accounts worldwide, without the typical hidden fees.
This real-world use case appeals to investors who are weary of sluggish bank wires and complicated bridging services.
Having sold over 526 million tokens and raised $14.3 million, Remittix’s presale soared in a flight that exceeded expectations. Early birds, who had entered at just $0.0734, witnessed over 1000% gains, even when the broader crypto markets appeared uncertain. Analysts predict that the momentum will continue through March, with a potential 200% rally in the near term.
The hype is no secret. Remittix solves a real pain point by combining domestic payment rails with blockchain efficiency, cutting down the time for transactions to hours or minutes from days. Merchants can access the Remittix pay API, accepting crypto from consumers but settling in fiat.
The platform also boasts a strong security layer—public ledgers that record each transaction, reducing fraud risks. These attributes have placed Remittix on the radar screens of industry observers, who credit its simplicity and ease of use.
Who Stands Poised For 2025 Glory?
XRP’s modest gain and mention of “XRP 2.0” highlight the token’s potential should Ripple win its case against the SEC. Most are hopeful
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