Ethereum has recently faced rejection at the critical $4,000 resistance, causing a pullback toward the $3,500 support level. This area has proven a critical demand zone, attracting massive significant buying pressure. As a result, the ETH price witnessed a rebound that has driven the price toward the $4,000 resistance level.

For now, the ETH bulls are striving to reclaim the $4,000 psychological and structural barrier, which, if successful, would set the stage for a sustained rally toward its all-time high. Meanwhile, a new token— Remittix (RTX), dubbed the “new XRP,” has continuously witnessed massive adoption at the presale stage due to its unique innovative solution to reinvent cross-border payments. While these two tokens offer massive potential, investors are keen to explore these opportunities in the ever-evolving crypto world.

Can ETH Price Break Above $4,000 Resistance Level?

The $4,000 resistance level has become a pivotal region that will determine the ETH price's next leg up. If ETH crypto breaks above this level, it could trigger a short squeeze event that would cause short positions to unwind and propel its value higher. However, the $4,000 region also serves as a supply zone, and failing to break through could fuel another rejection. In such a case, Ethereum could continue consolidating within the $3,500 and $4,000 price range as short-term sellers and buyers battle for complete control.

Notably, in the 4-hour time frame, the ETH token has been trading within an ascending price channel. Following this recent rejection at the channel’s upper boundary around the $4,000 level, ETH price retraced sharply, breaking below the channel’s middle boundary and testing the lower trendline near the $3,500 support level. The move triggered renewed buying activity that resulted in a bullish rebound, pushing the ETH coin toward the channel’s middle boundary at $4,000.

The $4,000 level has become a major resistance level, coinciding with the channel’s upper boundary. Conversely, if they fail to break through this point, the price of ETH will remain confined within the ascending channel; with the $3.5K decisively sustaining the bullish momentum, the ETH price could embark on fresh rallies, targeting its ATH. Conversely, if they fail to break through this point, the price of ETH will remain confined within the ascending channel, with the $3,5000 level becoming the immediate support level.

Remittix (RTX) Races Towards $2M Raised Mark As Its Unique PayFi Solution Attracts Investors

Remittix (RTX) presale continues to pick up steam after raising more than $1.3 million after selling more than 84 million RTX tokens. The driver behind this bullish momentum is its unique PayFi solution that has merged blockchain and conventional banking to reinvent cross-border payments, with fast inexpensive, and transparent crypto-to-fiat transactions.

At the core of this payment network, users can convert over 40 cryptos into fiat currencies and transfer the funds to any bank account worldwide. Its efficiency and simplicity have signaled Remittix as a top choice for businesses and individuals seeking practical and affordable tools. In addition, Remittix’s advanced smart contract has passed the SolidProof audit, proving its commitment to safeguarding transactions.

Thanks to blockchain technology, transaction records are tamper-proof, proving its reliability as a PayFi solution. What’s even more interesting is that Remittix’s native token will drive the PayFi ecosystem. RTX holders will have voting rights, enabling them to participate actively in the platform’s future. The project will also offer an annual staking incentive of up to 18% APY to reward loyalty, which encourages long-term commitment.

Remittix presale offers investors a rare opportunity to join the cross-border payment revolution at a low entry price of just $0.0177. The project guarantees stability and long-term value appreciation with Remittix’s token vesting scheme. Based on these features, Remittix is well positioned for a rapidly growing rally as the global industry gradually embraces crypto solutions. This makes it now the optimal time to join the RTX community.

Remittix Vs Ethereum: Which Is The Best Token To Buy?

Remittix’s unique and modern approach to addressing inherent PayFi challenges has positioned it for massive adoption. While Ethereum price highlights increased volatility, Remittix presale offers a rare opportunity for investors seeking high returns in the short term. Meanwhile, more than $1.3 million has been raised after selling more than 84 million tokens just weeks into its ICO. This serves as a testament to its growing demand.

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