Amidst the capital rotation and preparation for the next leg up in the market, Ethereum price shows strong signs of recovery. Optimism is reigniting among long-term holders.
Simultaneously, analysts recommend a PayFi project, Remittix (RTX), to investors. They believe RTX will gain global attention and make bold predictions of over 4,000% gains.
Ethereum Price Recovers After Market Struggles
After weeks of volatility, Ethereum price is starting to rebound, showing its resilience as one of the leading ecosystems in the market. Ethereum is the second-largest cryptocurrency by market cap, and its role in Defi, NFTs, and Web3 cannot be underrated, which proves its strong long-term fundamentals.
With the recent upgrades to the ecosystem to improve its scalability and gas fees, analysts believe Ethereum price will surge. It will also show its ability above other blockchains like Solana and Avalanche.
Ethereum price could push back above $4,500 in the near term if bullish momentum continues. Currently trading at $4,3000, ETH shows strong development within a rising trend channel in the medium-long term.
This signals increasing optimism among investors and indicates a continued rise. The currency is between support at $4000 and resistance at $4800. A definitive breakthrough of one of these levels predicts the new direction.
Remittix, The Global Project With A 4,000% Prediction
Remittix (RTX) is designed as a PayFi solution to facilitate crypto-to-fiat transactions in over 30 countries and supports 40+ cryptocurrencies across blockchains. Users can send cryptocurrencies (over 40 are supported), which are converted with a live FX rate on the app and directly deposited into bank accounts.
Remittix aims to bridge a $19 trillion payment gap between traditional payment systems (WEB2) and cryptocurrency (WEB3). It leverages local payment networks to allow crypto holders to work with local businesses worldwide.
The Remittix mobile wallet, currently in beta, will be launched in Q3. The app features real-time FX conversion, low fees, and staking for passive income potential.
A business API also targets freelancers, marketplaces, and SMEs, with which they can integrate and receive crypto payments.
Remittix Highlights:
- A full CertiK audit has been completed; liquidity and team tokens have been locked for three years.
- RTX is built for real-world utility, and a 4000% is imminent as adoption increases.
- Users can earn up to 20% referral rewards by sharing the project.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K 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.
