Ethereum's decline worries investors, as whales turn to Remittix, which is expected to compete with XRP with its PayFi solution.

Downward trend for Ethereum (ETH) It is getting worse with each passing day, and investors are starting to worry. With the price of ETH now testing the crucial support at $3,000, whales have accumulated a new token called Remitex Who defied the downward trend.

Drawing comparisons with Ripple (XRP), Remittix has soared in the market, pumping 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 for more than $1 in 2025.

The Ethereum shakeout is becoming more severe, and the decline may continue

On the 3D chart, the price of Ethereum has fallen by 22% as the decline continues to decline. The ongoing correction has sent ETH falling to the $3,000 support level, according to CoinMarketCap data.

This is the first time since November 2024 that the price of ETH has traded as low as $3,000. However, there is optimistic news for Ethereum, as 74.7% of Ethereum addresses now belong to long-term holders. While it shows investors are committed, they are keen for a turnaround.

While the Ethereum price prediction shared by Planfomo is very bullish, we can see the leading altcoins falling further. According to charts shared by Planfomo, Ethereum's charts across multiple time frames resemble a “bullish Russian doll.”

However, the charts suggest that ETH may drop to $2,800 or as low as $2,569 before the uptrend begins. However, when the uptrend begins, Planfomo believes that Ethereum (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 difficult process for most people and businesses in the past. Although Ripple has made waves in this $190 trillion market, it has not addressed the underlying issues of high cost, lack of transparency, and slow operations.

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

By linking paper wallets to 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 that Remittix could become the benchmark for payments, especially for international companies. With Remittix rising to this level, they believe that RTX coin can rise 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 top cryptocurrencies.

Ripple shows resilience, could jump to $3

Among the top 10 altcoins, Ripple showed the most strength, defending most of its key support levels. According to CoinMarketCap XRP The coin held the $2.4 support level and managed to achieve 1% gains over the past 30 days, while other currencies declined.

Although Ripple appears to be consolidating, FrankTrades advised Investors should use larger time frames so they can see the “bigger picture.” The Ripple price chart shared by FrankTrades shows that XRP is breaking out of the downward trend line.

According to the analyst, XRP could break through and trade as high as $3 soon. The 1D chart of the La Derecha Crypto price is highlighted Aim higher. According to the trader, the Ripple cryptocurrency could trade at up to $3.5 by February.

Why ETH whales are pursuing Remittix as a promising cryptocurrency to buy

Ethereum's current trend has been less than desirable, while Ripple is not offering much explosive growth anymore. This is why whales turn to Remittix. The newest cryptocurrency has a strategic position in a $190 trillion market, giving it greater growth potential than the rest of the market.

To learn more about Remittix, visit Website and Social.