Ethereum Whales Hoard New Tokens as Experts Predict They Could Rival XRP

ethereum's decline worries investors, as whales move towards Remittix, which is expected to rival XRP with its PayFi solution.

ethereum's (eth) downtrend is getting worse with each passing day and investors are starting to worry. Now that eth price is testing critical support at $3,000, whales have been accumulating a new token called Remittix that has defied the downtrend.

Drawing comparisons to Ripple (XRP), Remittix has skyrocketed in the market, rising from $0.015 to $0.0199. With financial experts predicting that Remittix can rival and surpass XRP due to its new unique PayFi solution, top eth whales believe that RTX could trade above $1 in 2025.

<h2 class="wp-block-heading" id="ethereum-shakeout-gets-steeper-decline-could-continue”>ethereum Shake Becomes More Pronounced, Decline Could Continue

On the 30-day chart, ethereum price has plunged 22% as the decline continues down. The ongoing correction has led to eth falling to the $3,000 support level, according to data from CoinMarketCap.

This is the first time since November 2024 that the price of eth would trade as low as $3,000. However, there is optimistic news on ethereum as 74.7% of eth addresses now belong to long-term holders. While this shows investors' commitment, they are eager for a change of course.

While the ethereum price prediction shared by Planfomo is very optimistic, we could see the leading altcoin fall further. According to charts shared by Planfomo, ethereum charts on multiple time frames are like a “bullish Russian doll.”

However, the charts suggest that eth could fall to $2,800 or as low as $2,569 before the uptrend begins. However, when the uptrend begins, Planfomo believes that the ethereum coin (eth) could rise above $5,475, making it one of the top cryptocurrencies to watch.

Remittix will take cross-border payments to the next level

Cross-border transactions have been a challenging process for most people and businesses in the past. Although Ripple made waves in this $190 trillion market, it did not address the fundamental problems of costly, non-transparent, and slow processes.

Remittix (RTX) is launching a new PayFi platform to solve these inefficiencies by creating a seamless, efficient, affordable, and most importantly, transparent platform for fund transfers. Remittix is ​​the best of both worlds, offering over 50 cryptocurrencies for payments that users can exchange for over 30 fiat currencies.

By linking fiat wallets with cryptocurrencies, Remittix eliminates middlemen and fees and provides users with faster transfer times. Remittix is ​​also useful for international payments within the DeFi space, as funds can be transferred directly to bank accounts around the world.

Industry experts believe Remittix can become the payments standard, especially for international businesses. As Remittix rises to this level, they believe the RTX coin can skyrocket towards $1 in 2025. Remittix has already raised $2.7 million and pumped from $0.015 to $0.0199, showing the potential of one of the best cryptocurrencies .

Ripple shows resistance, could jump to $3

Among the top 10 altcoins, Ripple has shown the most strength, defending most of its key support levels. According to CoinMarketCap, the XRP coin has held the support level of $2.4, managing to gain 1% in the last 30 days, while other coins plummeted.

Although the Ripple coin appears to be consolidating, FrankTrades has advised<a target="_blank" rel="" href="https://x.com/FrankTrades10/status/1878207559389077999″ target=”_blank”> Investors should use longer time frames to see “the bigger picture.” The Ripple price chart shared by FrankTrades shows that XRP is breaking out of a descending trend line.

According to the analyst, XRP could break out and trade as high as $3 soon. La Derecha crypto 1D Price Chart Fixed<a target="_blank" rel="" href="https://x.com/LaDerechaCripto/status/1877054058843824288/photo/1″ target=”_blank”> a higher goal. According to the trader, the Ripple crypto could trade as high as $3.5 in February.

<h2 class="wp-block-heading" id="why-eth-whales-are-after-remittix-as-a-promising-crypto-to-buy”>Why eth whales are looking to Remittix as a promising cryptocurrency to buy

ethereum's current trend has been less than desirable, while Ripple is no longer offering too explosive growth. That's why whales have turned to Remittix. The newest cryptocurrency is strategically positioned in a $190 trillion market, giving it more growth potential than the rest of the market.

To learn more about Remittix, visit the website and social.