The $22.3 billion options expiry from last Friday added momentum to the bearish winds, a big blow to the bullish narrative that the natives had hoped for. BTC contributed a whopping 75.6% to this, leading to more alt rotation in the last few days. As a result, HBAR price prediction and Chainlink price outlook are topics crypto circles are paying closer attention to.
Speaking of alt-rotation, retail investors are actively pivoting to a relatively new crypto, Remittix (RTX). This project has also become a trending topic of interest, ever since the launch of its 15% referral initiative and its native Beta wallet went live.
There are more rollouts and developments to come this quarter and retail investors are well aware of this. We will take a sneak peek at HBAR price prediction, Chainlink price action and answer why whales are buying RTX tokens.
HBAR Price Prediction: Technical Setup and Indicators Point Bullish
Hedera is nearing the end of a bullish setup that has been forming for more than two months. Experts believe now that Uptober is here, buyers will try to break out of the descending wedge pattern in the next few days. This shift in momentum has strengthened the belief that HBAR price prediction in Q4 has a bullish outlook.
Moreover, technical indicators like the RSI and EMA support the north-bound direction while Chaikin Money Flow is also rising, suggesting increased demand and net inflows are strong.
At publication time, HBAR sells at $0.2267, representing a 2.45% daily nudge and a 6.1% weekly gain. The next target for the asset is at $0.230, before making a decisive move near $0.242 level. The next few days will be crucial to validate the bullish outlook analysts have for the HBAR price prediction.
Technical Breakthrough Spurs Chainlink Price Action
Chainlink price is a mainstay topic that has dominated discussions within the crypto community in the last 24 hours. This optimism around LINK price was triggered by a technical breakthrough, enabling the direct management of digital assets, which was announced on Wednesday.
Shortly after the official announcement on X, the Chainlink price broke past the $22.5 price level with a 2.12% intraday rally. Analysts believe this could be the turning point for Chainlink price in the final quarter. According to them, should the momentum continue, bulls could target the $25 level early next week.
Why Retail and Whales Are Entering Remittix Early
Remittix (RTX) is the latest PayFi alt that retail investors and whales haven’t stopped scooping in H2. As of today, over 674 million RTX tokens have been purchased through pre-market activities; they clearly see the potential of this project to close on the 183 billion remittance gap between crypto utility and TradFi.
This innovative payment model will allow everyday users, businesses and enterprises to bypass costly solutions like SWIFT, offering them instant, inexpensive fiat conversions and other unique DeFi capabilities, including:
- Utility-first framework: An on-chain fiat settlement layer on the Remittix platform will ensure users can send and receive payments instantly with flat, transparent fees.
- DeFi-powered remittance pools: Retail can stake or provide liquidity and earn directly from global money flows.
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 media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Maisie is an experienced Crypto & Financial news journalist, having written for Moneycheck.com, Blockonomi.com, Computing.net and is Editor in Chief at Blockfresh.com
