XRP retreats from $1.40 mark amid Remittix expansion
XRP has slipped below $1.40 as market momentum cools, despite Remittix announcing plans to add 41 new fiat currencies to its PayFi platform.
XRP has retreated from the $1.40 price level as investor momentum faces headwinds. Despite recent institutional adoption and banking integrations, the asset has struggled to sustain its upward trajectory, prompting a pullback in trading activity.
In related developments, Remittix has signaled a significant expansion of its PayFi infrastructure, confirming plans to incorporate 41 additional fiat currencies. This move is designed to bolster payment utility, though it has yet to serve as a catalyst for a rebound in XRP's valuation.
Market focus remains on the $1.30 support level. Analysts are monitoring whether this floor can hold to prevent further downside, which would delay efforts to retest the $1.50 resistance point.