An analysis of the current situation surrounding Ethereum's price and emerging projects in the crypto space, including Remittix, which is gaining popularity among investors.
Ethereum Price Forecasts
Analysts highlight a resistance level in the range of $4,550–$4,600. A breakthrough at this level could drive the Ethereum price to $4,800–$5,000 if network activity strengthens and L2 fees increase. September is seen as a critical month for Ethereum’s price with high chances for breakout and ETF influences.
The Potential of Remittix as a New Trend
The Remittix project is rapidly gaining attention due to its PayFi application, which ensures direct crypto-to-bank payouts across over 30 countries with low fees. Currently, the token price is at $0.103, with raised funds exceeding $23.9 million, indicating strong investor interest.
Growth Expectations from Investment Desks
Investment desks are looking at the $19 trillion remittance market, suggesting that wallet usage and CEX liquidity could lead to significant growth for the RTX token, with projections ranging from 35x to 60x over the next 12–24 months.
The overall picture shows positive sentiments around Ethereum's price, while novelties like Remittix create additional investment opportunities in the rapidly evolving crypto market.