For the last few months, there has been rising concern about Ethereum’s future as the top altcoin. A close look into the crypto market shows the ETH price moving sideways and looking unconcerned by the bull run building up. If you check the ETH price from the monthly chart, you’ll see a double-top formation, which gives the Ethereum price prediction a bearish outlook.
Although Ethereum currently leads the altcoin market as the largest coin by market cap, assets like Solana, XRP, and USDT are fast catching up. With the XRP coin’s fast-rising pressure and Solana’s continuous popularity, Ethereum might soon lose its position. However, because assets like XRP and Solana are a popular threat to Ethereum’s position, a new altcoin might be entering the scene.
Remittix is a new crypto platform that investors are trusting could bring a change to the payment industry. And as Ethereum continues to see a setup that could send it towards $1500, Remittix is becoming the next big thing to watch out for.
Ethereum Short-Term Projection
Moving into a new month, the Ethereum price movement in the last few days since the year began has not been impressive. While BTC and Solana have set a new ATH in January, continuing the bull from the last few weeks of 2024, Ethereum has continued to see a bearish continuation. The last 3 months have all been filled with red candles from the ETH pricechart.
As a result, the current Ethereum price prediction continues to hover with a strong bearish undertone. The daily chart shows a long-term and short-term cross-over as the ETH price currently trades below the 100-day Moving Average. Analysts believe the Ethereum price prediction could be more appropriately put at the next support of around $2,000. However, the short candles and depressing movement from the ETH price could signal a gradual loss of buyers, predicting a lower price movement.
Why Remittix Could Be a Better Long-Term Investment to Ethereum
By the time the ETH price hit a record low of around $2,000, we could see a large portion of the market cap wiped off, with the potential to see it fall from its position. However, as Ethereum continues to battle this bear season, Remittix joins the list of new altcoins challenging the ETH position.
Remittix has enough features to make it a potential key market player. These include a low conversion fee, fast and scalable transactions, and a new-age approach to making crypto easy. Users can now get FIAT across the globe with a crypto transaction. But more interestingly, this comes with high security and anonymity, as the transactions are completed without the recipient knowing they started as a crypto transaction.
The last few weeks have also seen the introduction of the Remittix ($RTX) token into the presale pool. This presale token is changing everything you used to know about crypto presales with the fast-rising number of investors. There are currently over 10,000 accounts holding the Remittix new token. However, for as low as $100, you can get a good portion of the $RTX token (currently selling at $0.0521).
The price of the Remittix presale token has been rising in the last few weeks and has become much faster and more interesting in the last few days. Over a million dollars has been added to the funds raised in the last 24 hours. Investors are buying this new token fast because they believe it could go up to 100x, but you can be part of this great project today.
Join the presale and community now!
Website: https://remittix.io/
Community: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release 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.
