Ethereum’s technical outlook reveals an uncanny similarity to Bitcoin’s breakout past the $96K resistance. Now that ETH is changing hands above the psychological $2,500 zone, analysts are setting bullish Ethereum price predictions in anticipation of an uptick to $3,000.
The bulls have regained control over Ethereum’s market and are now pushing ETH into key resistance zones, as seen by the increased emergence of bullish Ethereum price predictions.
Inflows into Ethereum’s ecosystem are now starting to spill over into ERC-20 tokens, as seen with Remittix’s RTX presale, which has raised $15.4 million since its start. RTX is gearing up to reinvent the cross-border payment sector.
Ethereum price predictions forecast an uptick in new ATH
Ethereum’s price has rebounded from lows of $1459, registering an uptick of over 96% in just 49 days.
Image Source: TradingView
With ETH breaking out of a prolonged pullback that started as far back as December 2024 when ETH was changing hands above $4,000, analysts are setting bullish Ethereum price predictions again.
One popular analyst has pointed out ETH’s real bullish potential if its price surpasses the $3,000 resistance zone to settle at higher support. According to the analysts, this could trigger an explosive uptick for ETH and catalyze the start of the altcoin season.
For years, the $3,000 level has been known to be a psychological and technical barrier; therefore, a move by ETH to reclaim this position would signal complete control of the market by the bulls.
Even more exciting is that Ethereum’s dominance among altcoins is rising as support builds in what could be a prelude to an outbreak. ETH’s current price movement mirrors BTC’s uptick towards a new ATH, leaving most onlookers to broadcast bullish Ethereum price predictions.
Image Source: Coinmarketcap
At its current rate, ETH is trading near its 100-hourly simple moving average, and there is a break below a connecting bullish wedge. If Ethereum’s ascent continues past its current consolidation, a bullish breakout similar to Bitcoin’s uptick can emerge, validating bullish Ethereum price predictions.
Remittix’s RTX gains traction on the backdrop of increasing inflows to Ethereum
As an ERC-20 token on a mission to disrupt cross-border payments and rival XRP, Remittix has seen its RTX presale raise $15.4 million from investors who believe in its capacity to supercharge cross-border payments.
Remittix is a unique PayFi protocol built on Ethereum’s blockchain to bridge the gap between traditional banking networks and cryptocurrencies. Using Remittix, a crypto holder can send funds to a recipient’s bank account at negligible fees and zero hidden costs.
Remittix obscures the complexities of dealing with crypto in that the recipients never need to know their way around crypto wallets, receiving their payment in fiat, to benefit from the platform. Remittix also caters to businesses that can use the platform’s API to enable acceptance of crypto payments from their customers.
With over 540 million out of the 1.5 billion RTX tokens in supply sold to investors and with RTX currently discounted at $0.0781, now is the best time to jump in before launch.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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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
