#CFTCCryptoSprint
As XRP slides from its July highs above $3.65 to its current range of $2.91, market confidence shows cracks. Bulls are struggling to hold the line at the crucial support zone of $2.50 - $2.77, and declining trading volume indicates that institutional sentiment is fading quickly. Meanwhile, Remittix (RTX) is rapidly closing the gap, not only in price potential but in significance. Payfi Pioneer is building a borderless payment infrastructure, turning it into a magnet for investors and institutions seeking real-world benefits over the hype. Let's dive into why these two coins are being compared by major institutional investors. XRP faces the risk of a key breakdown below $3.00. Technical analysis paints a cautious picture for XRP. The Relative Strength Index has dropped to 48, while the MACD indicates ongoing downward pressure. Failed attempts to reclaim resistance at $3.10 weigh heavily on sentiment and could pave the way for a break below $2.77, leading to a sharp pullback towards $2.50. Trading volumes have significantly decreased, with open interest dropping from $10.94 billion to $7.23 billion, indicating declining conviction among future traders.