October has welcomed notable market movement, with the Ethereum price rising by over 17% this week. The surge saw it test a multi-week high around $4,580, with technical signals painting more bullish trends.
With analysts forecasting exponential growth in the next crypto cycle, bulls are debating whether ETH could reach $50,000 by 2030.
Ethereum Price Outlook: ETH Builds Momentum Ahead of Q4 Rally
Ethereum leads the latest market rally, with trading volumes at $47 billion and open interest above $60 billion. With the $4,400 now as strong support, a clear breach above $4,700 might boost ETH’s surge toward $6,000. Positive technical indicators like RSI and MACD indicate increased buying strength without exhaustion.
Ethereum Price Chart | Source: CoinGecko
The growing sentiment is also supported by massive institutional accumulation. Bitmine Immersion Tech recently added $12 billion in Ether holdings, suggesting growing conviction in Ethereum’s long-term potential.
Moreover, EFT inflows have flipped bullish, with over $233 million added on October 3. This pattern mirrors the early stages of past cycles where accumulation preceded parabolic rallies.
Some analysts believe the ETH network’s leadership in DeFi, rollups, and Layer-2 scalability could give it global on-chain liquidity, pushing the price toward $50,000 by 2030.
Analysts Call Remittix the ETH Token to Watch
While the Ethereum price continues its uptrend, Remittix (RTX) is gaining ground as the ETH token to watch in the PayFi sector.
This project combines payment infrastructure with a decentralized finance utility. The project has now raised over $27 million, selling 674 million tokens, as momentum builds ahead of its mainnet rollout.
Remittix recently achieved #1 Pre-Launch Token status on CertiK Skynet, completed full KYC verification, and launched Beta testing for its wallet, which allows users to test real payment flows. It’s also secured exchange listings on BitMart and LBank, even before the presale concludes, a rare milestone for a project still in early stages.
Adding to the excitement, the new Remittix Referral Program rewards users with 15% USDT for every presale referral, which can be claimed daily through the dashboard. This structure is already fueling rapid community expansion and positioning Remittix as one of the best crypto presales to buy.
As Ethereum’s price eyes the long-term $50,000 target, Remittix represents a fresh frontier for investors looking to capture an early 100x bet. It dominates a real-world utility niche designed to connect global payments and blockchain finance.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article contains information about a cryptocurrency presale. Crypto Economy is not associated with the project. As with any initiative within the crypto ecosystem, we encourage users to do their own research before participating, carefully considering both the potential and the risks involved. This content is for informational purposes only and does not constitute investment advice.
