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Ethereum Price Prediction: Can ETH Make New Highs Before October? This ETH Token Is Going Parabolic
Cryptocurrency forums and communities are buzzing as Ethereum (ETH) begins to show strong signs of recovery. Investors and analysts are closely watching ETH’s price action and chart. They are looking for confirmation for the Ethereum price prediction of $5,000 forecasted before October.
Simultaneously, the whale’s footprints can be seen in an Ethereum-built token, Remittix (RTX), which is already going parabolic. The whale prints are becoming too big to ignore, which is drawing even more attention to the project.
Ethereum’s Price Prediction: Can ETH Make New Highs?
Ethereum continues to recover, and its price has continued to climb steadily, causing analysts to widen their Ethereum price predictions. Its communities and investors are highly anticipating network upgrades, which they believe will sponsor the Ethereum price prediction.
Technical analysis from different analysts suggests bullish sentiment, and ETH is bouncing above key support levels and building strength. Analysts believe that if current momentum holds, Ethereum could push beyond $5,000 before October.
A few hours ago, Whales_alert reported a massive transfer of 11,000 ETH worth over $50 million from Kelp DAO to an unknown wallet.
ETH’s short-term outlook is leaning neutral-to-bearish after those sizable whale and Kelp DAO transfers, setting the stage for some chop. MACD still trends below the signal line, hinting at possible further downside, but CRSI’s deep oversold reading could spark a bounce if bids return.
Traders are split: some are eyeing possible dumps, others see the increased volume and open interest as evidence of strong market interest waiting to pounce.
Rather than waiting for confirmation, the seasoned investors are aware of Ethereum’s limited potential due to its market cap. Hence, they are rather investing in the Ethereum-built project, Remittix, which is set for a 100x.
Remittix (RTX), The ETH Token Going Parabolic
Built on the Ethereum blockchain, Remittix facilitates crypto-to-fiat transactions in over 30+ countries, and supports 40+ cryptocurrencies.
Remittix aims to bridge a $19 trillion payment gap between traditional and cryptocurrency cross-border payments with faster, cheaper, and more transparent solutions.
The Remittix team is now verified by CertiK, the #1 blockchain security firm. RTX is ranked #1 on CertiK for pre-launch Token.
Remittix Key Takeaways:
- Full CertiK audit completed, liquidity and team tokens locked for 3 years.
- Beta testing for the Remittix wallet is now live; users from the community are actively testing it.
- RTX is a utility-driven token that will power the Remittix ecosystem.
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
Disclaimer. This is a Press Release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Cryptopolitan.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.
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