Both fundamental and technical indicators are pointing at a possible spike on the Ethereum price charts, even as competition lurks.
Ethereum’s main competitor will come from its own ecosystem. One of the new tokens built on the ETH blockchain is launching DeFi features, and traders from all over the market can’t wait to have a bit of it.
Can Ethereum’s price predictions hold?
Ethereum Price: ETH In Correction Phase?
The ETH token has been, by far, the most successful token this summer, as it went on to set a new ATH at about $4,900. Ethereum mirrored Bitcoin’s success earlier in Q3, and its ETFs went on to drive the token price even higher.
Ethereum ETFs have been the talk of the summer, with more investors accumulating ETH for trading and staking on the ETFs. Now, the Ethereum price has been tipped to hit $5,100 by December, but there will be hitches along the way.
One of the hitches is the Relative Strength Index (RSI) on Ethereum. The token’s RSI is approaching the overbought category, even though it’s not quite there yet. The Ethereum price also dipped dangerously below the $4,500 level from Tuesday to Thursday, leaving many traders in doubt about the future.
Ethereum may have been tipped to hit a new ATH, but the Remittix token is springing a surprise.
Remittix Project Set For Launch?
The million-dollar question on Remittix is how long until the platform launches. Remittix’s team has set a temporary launch time for later in Q4, but that is not set in stone yet.
What is definite, however, is that the buyers can earn from their RTX stash even before launch day. Share your referral link to your crypto community and earn up to 15% of their own Remittix purchases in USDT.
Your referral earnings can be withdrawn after 24 hours, and it’s entirely yours to use. With 50x potential gains, verification from Certik, and the upcoming Remittix launch, traders are gunning for only Remittix coins.
RTX Tokens Are $0.108!
Buy your own Remittix tokens at $0.108 on the presale website today and start spreading the word. 50x potential gains, and a referral program to help you earn even before launch day.
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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