Ethereum Price Prediction: Could ETH Drop To $1500? Top ETH Holders Are Hedging Further Drops With This Crypto

Ethereum, the popular altcoin, has faced intense selling pressure in the past few weeks, with the Ethereum Foundation among the institutions that have dumped the altcoin. At the same time, Lookonchain data shows that Trump’s World Liberty has increased its Ethereum crypto holdings. However, can the Ethereum price rebound to $4k or drop to $1500? Let’s look at the Ethereum Price Prediction.

With Ethereum facing bearish pressure, holders are migrating to promising projects like Remittix (RTX) to recover from losses. While the general altcoin market is down, the RTX token has continued to rally, increasing the ROI of early investors to over 650%. Given its crypto-to-fiat payment solution, analysts expect the RTX price to hit $1 on launch. 

Ethereum Price Prediction – Can ETH Rebound to $4K or Drop to $1500

Heaving faced intense selling pressure even before the latest crypto market crash, Ethereum has been one of the cryptos in the spotlight. As per market stats, Ethereum price has dropped by 24% in the 30D timeframe and 12% in the past 7 days, pushing the altcoin price below the $2800 support zone. The most worrisome aspect of Ethereum’s crypto performance is its comparison with Bitcoin. 

 

Unlike the 2021 bull season, when the altcoin witnessed massive rallies with Bitcoin, Lookonchain data shows that Ethereum’s price has dropped each time Bitcoin tests the $100k mark, suggesting less investment in the altcoin market. Coinglass data shows that Ethereum Open interest, which hit $31B two weeks ago, has dropped to $23.92B, further proving that interest in the altcoin is dwindling. 

 

Given the declining Ethereum trading volume, the possibility of the altcoin price dropping to $1500 is high. However, crypto analyst Mister Crypto maintained that the Ethereum token will hit a new ATH very soon. With institutions like BlackRock increasing their Ethereum holdings, the altcoin might rebound soon once it is able to establish support above $3k. 

Remittix Projected for 100x Rallies As Ethereum Holders Continue Accumulation

Remittix (RTX) has continued to make waves across the crypto market, with whales accumulating the token. With Ethereum and other popular altcoins facing severe bearish pressure, Remittix has become investors’ favourite due to its rapid growth. For context, the Remittix native token RTX price has jumped from $0.02 to $0.0539 within the past few weeks, signalling a high adoption rate. 

 

Driven by the cross-border payment solution, Remittix is projected to dominate the global payment market in the coming weeks. With Remittix, users can convert over 40 different cryptos into fiat and send them to any approved global bank at no hidden fees. Remittix supports over 30 fiat currencies and over 50 crypto pairs, giving investors various options. 

 

The security of investors’ assets is guaranteed, as all transactions are stored in a public ledger, allowing for easy traceability. Also, all transactions are immutable, ensuring they are not altered when placed. As a decentralized P2P platform, users have full control over their assets. With the Remittix pay API, businesses can accept cryptos as a form of payment and settle transactions in fiat. 

 

Companies and families can also use Remittix to pay their global workers or send money to family and friends, as it offers cheaper, faster and more transparent remittance options. With these fantastic features, the adoption rate has continued to grow, with over $10.8 million raised in presale. With the growing interest and the market it is breaking into, analysts tip RTX to hit 100x in 2025.

Remittix vs Ethereum – the Best Altcoin To Buy

Ethereum is facing severe bearish pressure, which might see the price dip further. However, Remittix’s price has continued to rally as more investors key into the project. Given the lucrative payment market it is breaking into, the adoption rate is likely to skyrocket within months of launch. As such, the RTX price might hit $5 within 6 months and $10 in 12 months, making it the best altcoin to invest in for long-term gains. 

 

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