Ethereum’s price was caught up in the broader market pullback, falling to around $3,060 at its lowest. The move has drawn attention from market watchers, with some commentary shifting to other Ethereum-based tokens that are currently being marketed ahead of an upcoming launch.
One of the projects referenced in that context is Remittix (RTX), which describes itself as a payments-focused (“PayFi”) crypto project.
Can Ethereum Price Hold Above $3,000?
Ethereum’s price declined during the ongoing market pullback, touching about $3,060 at its lowest. The dip has led some investors to question whether the second-largest cryptocurrency can hold above $3,000.
Based on technical levels referenced in market commentary, ETH would need to trade above $3,149 and reclaim $3,288 as support to revisit higher resistance areas. If that occurs, subsequent levels that traders often watch include $3,516, $3,700 and $4,000, although price moves are uncertain and not guaranteed.
If the price weakens further, $3,022 is another level often cited, with a break below $3,000 remaining possible. Social sentiment around Ethereum appears mixed, and some analysts are waiting for a clearer directional move.
Alongside ETH, some market participants are also monitoring smaller Ethereum-based projects such as Remittix, which is conducting a token sale, according to project materials.
Remittix: project overview
Remittix (RTX) describes itself as a PayFi platform built on Ethereum and says it is focused on cross-border crypto-to-fiat transactions. The project claims coverage in more than 30 countries and support for more than 40 cryptocurrencies, and it has also referenced a “$19 trillion” payments gap; these figures are project-reported and have not been independently verified in this article.
According to the team’s public materials, the project also offers a business API intended for freelancers, marketplaces, and SMEs to receive payments. The project has also described marketing incentives (such as referral rewards) tied to its token sale.
Remittix highlights (project-reported):
- The project says a CertiK audit has been completed, and that liquidity and team tokens have been locked for three years.
- The project says beta testing for the Remittix wallet is live, with community users participating.
- The project has described referral-based marketing incentives related to the token sale.
- The team positions the product as aimed at both crypto-native and non-crypto users, including business owners, merchants, freelancers, and remitters.
Project links (for reference):
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Promotional campaign page (project-reported): https://gleam.io/competitions/nz84L-250000-remittix-giveaway
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned.
