XRP breaks out of wedge pattern but experts back another PayFi token for 400% gains

XRP has just shattered its recent wedge pattern, igniting fresh excitement across the crypto space. This classic chart move could be the signal bulls have been waiting for, and if momentum holds, XRP might be gearing up for its next major rally.
Traders are watching closely to see if this breakout has real legs, but the long-term outlook for XRP is not as assured as some would like. The breakout was fueled by the SEC and Ripple Labs finally coming to a settlement, but it seems the breakout was the peak of XRP this cycle.
The bad news for XRP is there’s a new PayFi player in town, and it may just kick XRP’s knees out from under it. Remittix is already rumored to go up 400x, but looking at its use case, 400% may be on the low side. Let’s see how Remittix stacks up against XRP.