Remittix: Ready to Blow Up the Old-School Way of Sending Money

ETH, the second biggest crypto by market cap, has shown significant volatility in recent weeks. On May 20th, ETH was up 7%, hitting $2,559

The crypto market has shown great resilience in recent times, with several digital assets showing promising gains. Among the second biggest crypto by market cap, Ethereum (ETH) has been a subject of great interest as it continues to trade in a defined range despite recent volatility.

On May 20th, ETH was up by 7%, hitting $2,559, driven by a more friendly market environment and increasing network activity. However, as of this writing, ETH’s price is currently being sold at $2,530 to $2,560, down by 1.4% from yesterday’s close and -5.6% from the previous week’s price.

ETH’s recent volatility led many to provide insights on its price performance in the near term: can it break its $2,600 resistance level and hit an extended bullish Ethereum price prediction at $2,800? Or AAVE, the popular DeFi protocol, which is up by a massive 78% on a month-over-month basis and another crypto in presale ends up with a bigger ROI in the near term.

Remittix: Ready to Blow Up the Old-School Way of Sending Money

PayFi has been a fast-growing industry for years, as governments look for ways to reach the unbanked and improve cross-border payments. However, challenges remain primarily due to the high costs of transfers, plus a lack of transparency.

Remittix comes into the picture with the PayFi roadmap that aims to revolutionize payments online: crypto-to-fiat transfers that are fast, with zero FX fees and no hidden charges. Its Pay API leverages the blockchain to allow crypto-to-fiat settlements with fast and secure payments backed by the blockchain’s transparency.

Remittix’s PayFi isn’t just for the individual user; it’s built for business: owners can set it on the Remittix platform or through the API. The RTX token, with its ERC-20 standard, is the API’s foundation, with an Ethereum smart contract that’s been rated ‘Very Safe’ by Blocksafu.

Ethereum Price Prediction: $2,800 An Extended Bullish Projection

ETH needs to break its $2,600 resistance level

Ethereum’s price action has been erratic in the last two weeks, with trading volume ranging from $21 billion to $35 billion during the same period. Price is down 7 percent from the previous week, but +55% on a month-to-month basis. Analysts have outlined a few near-term price targets and catalysts for the world’s second biggest crypto.

A bullish Ethereum price prediction puts it at a range of $2,750 to $2,900 in the near term. To do this, ETH must breakout at its resistance level at $2,600. However, some analysts predict a potential correction in ETH’s price, dipping to around $2,263 by May 25th.

AAVE: Can This DeFi Player Sustain Its Run?

AAVE is +165% on a year-over-year basis

As of May 21st, AAVE is being sold at $256.21 to $267.44, showing a slight decrease from yesterday’s close. With a trading volume of about $648 million, AAVE has shown resilience in the last two weeks, even outperforming ETH with its +80% month-to-month growth. Many analysts are noting a price increase for this DeFi token in the near term, with some analysts putting a price target of $300 for AAVE.

Also, the latest derivative data analysis from Coinglass (CRYPTO: COMPL) validates the bullish action from AAVE. According to the analytics, AAVE derivatives’ volume surged by 103.56%, for a value of $2 billion, while open interest increased by 53.61%, or a value of $583 million.

ETH, AAVE or RTX: Can Remittix Outperform These Popular Tokens?

ETH and AAVE have posted impressive growth in recent weeks, but they are currently trading in a range and may potentially correct first. Remittix, on the other hand, is still in presale but due for a potential price explosion upon listing.

Currently, the RTX token is sold for $0.0781, with the next price increase set at $0.0811. Early adopters who got in at $0.015 are already looking at a 400% upside, plus the prospects of ‘Coinbase effect’. With a few more weeks to go before listing, plus more price increases to come, now is the right time to join the RTX community and get your share of tokens