The past few weeks have been bullish in the cryptocurrency market. With Bitcoin and Ethereum setting the sail, all altcoins followed suit. While the market seems to be taking some rest, analysts are seeing a massive bullish pattern on ETH.
While investors are gradually building up in Ethereum, they are equally investing in a newly launched project, Remittix (RTX).
Remittix (RTX) is believed to break out in August, delivering between 200x – 100x to investors. What potential does Remittix have? Let’s see.
Ethereum News: What Does The Price Chart & Technical Setup Say
Recent Ethereum news highlights bullish chart patterns attracting market attention. Ethereum is currently trading at $3,784, showing signs of cooling volatility. ETH price action failed to break above the $4,000 resistance level over the weekend.
Despite a strong bullish trend from the past weeks, the ETH price was rejected at this major resistance level. Some traders see this rejection as a signal to take profits, especially after ETH’s steady climb over the past few weeks.
However, the whales and smart money are seeing a different scenario. An Ethereum news report by Ali Martinez revealed that more than 1 million Ethereum have been withdrawn from crypto exchanges in the past month.
And in the past 72 hours, over 310,000 Ethereum, worth $1.15 billion, have been withdrawn from exchanges. 170 new whales holding over 10,000 $ETH have joined the network in the past month.
All Ethereum news is positive, showing signs of strong growing institutional interest!
Remittix (RTX), The Rising Star Riding The Spotlight Alongside ETH
As Ethereum momentum builds, Remittix (RTX) is getting attention from investors.
Positioned as a cross-chain PayFi alternative, Remittix enables instant crypto-to-fiat transactions.
It allows users to send cryptocurrencies deposited as fiat directly to the recipient’s bank account in over 30 countries. All transactions are fast and secure
With low or zero fees and built-in staking features.
Remittix bridges traditional finance with DeFi and cryptocurrency. Remittix is labelled a rising star ready to deliver a 100x by 2026.
Remittix Highlights:
- Smart contracts are CertiK-audited, liquidity and team tokens are locked for three years.
- A mobile wallet (currently in beta phase) is coming in Q3 with a live FX conversion rate.
- Investor-centric tokenomics are designed for long-term adoption and sustainability.
- Useful beyond the crypto space, it can be used by freelancers, remitters, and international business owners.
- Positioned to compete with payment companies like Ripple’s XRP and Stripe.
The best time to buy RTX is now!
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
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