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Crypto Daily 2025-01-19 16:44:37

3 Cryptos Set To Skyrocket In February: Solana (SOL), Avalanche (AVAX) and Remittix (RTX)

Bracing for Donald Trump's inauguration, the crypto market has seen a change in price action, with most coins seeing an upside run in the past day. Bitcoin is currently trading at $102,305, a paltry 0.5% rise in the past day following an impressive 8.5% rise in the past week. Meanwhile, analysts are already forecasting the post-inauguration period, with Solana, Avalanche, and Remittix's token the 3 with the most potential to skyrocket in February. Solana on an Impressive Run Solana (SOL) is currently trading at $233, an 8.7% rise in the past day. Over the past week, its price has seen some volatility, including a 5% drop on January 13 when it fell below $170 for the first time since November 2024. However , it now has an impressive 25.3% rise in the same period. Technical analysis shows Solana has seen solid support above $183, leading to its current impressive run. Analysts are now very bullish on this token, with some targeting $300 in February as a possible price point if the momentum keeps up. Meanwhile, some analysts are cautious of the moves, expecting the price to dip down to $201.33 by the end of the day Solana's movement will depend on its support level and general market trend. For the long-term run, Solana could reach $1,000 by 2030 with the continuous development and enhancements to its blockchain infrastructure. However, whether investors are willing to wait this long to get this massive yield remains uncertain. Is Avalanche Ready To Surge in February? Despite the recent surges in major coins, avalanche is on a dip form, trading at 5.8% loss in the past day and 9.6% loss in the past month. While the market points to a strong upsurge after the US CPI data release, avalanche is down to $38.9. AVAX token price is trading below the $40 psychological mark, but still remains the 11th biggest crypto by market capitalization, currently standing at $16 billion. Despite the price hurdle, AVAX is on a bullish 6.8% rise over the past week. For price prediction in February, Avalanche’s recovery rally faces opposition from the $40 psychological mark and the 200 SMA line. This is a key resistance to the upward moves. holding the momentum down. Hence, a breakout is needed for this bullish trend. Looking at the Fibonacci level, the triangle breakout rally will likely challenge the 50% Fibonacci level at $44.71. Beyond this, the next crucial resistance stands at the 78.60% level priced at $51.09. As such, data indicates the potentials of the AVAX price reaching the $50 psychological mark. Is Remittix The Biggest Altcoin To Surge in February? Analysts are particularly bullish on RTX's price as the presale continues. RTX is the native token of Remittix (RTX) that is redefining global payments by integrating blockchain technology with fiat transactions, offering fast and cost-efficient cross-border solutions. Remittix supports over 40 cryptocurrencies, including Cardano, Shiba Inu, Dogecoin, and Ethereum. Additionally, the platform provides instant conversions into fiat currencies like USD and GBP, enabling seamless deposits into recipients’ bank accounts. Bridging the gap between crypto and fiat, Remittix has a competitive advantage over traditional payment providers such as Stripe and Wise and crypto-exclusive platforms like Coinbase Wallet. With over 30+ fiat currencies and 50 crypto pairs supported, Remittix ensures accessibility and inclusivity for businesses and individuals, simplifying global commerce with its extensive range of options. Notably, this platform offers an open flat-fee approach, reducing costs and offering transparency over exorbitant charges and inadequate exchange rates of conventional banks. This approach guarantees that the full amount sent reaches the recipient, making Remittix a game-changer in the payments industry, where shady practices are unfortunately all too common. Additionally, Remittix's token offers investors a chance to interact with a project with the potential same as Solana and Avalanche in their earlier stage. In fact, the fundamentals suggest RTX surpasses these tokens and alter the benchmarks for blockchain-based financial solutions. Meanwhile, the RTX token is currently priced at $0.0217 in its presale, offering a compelling investment opportunity. This presale has generated over $3.5 million, highlighting investors’ confidence in the projects. Analysts predict significant growth, with a 25x multiplier expected in the presale phase and over 1,500% gains after launch, as demand for innovative cross-border payment solutions continues to rise. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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