The Ethereum price is flatlining into the year’s end as traders continue to digest ETH’s recent price moves and look ahead to what 2025 holds. Hovering above the $3,000 region, Ethereum price is set to end the year with losses of around 10% after a Fed meeting midway through the month triggered a market-wide sell-off. However, the new year could see the ETH price movement regain momentum and aim for new highs.
Similarly, despite the launch of the Avalanche9000, the AVAX token hasn’t recorded any major changes in its price. However, the Avalanche price is set to trigger a strong bullish breakout that might elevate its levels past the current consolidation. This comes as Remittix (RTX) continues to enjoy impressive presale momentum selling at $0.0167, having raised more than $900,000 in presale funding.
Ethereum Price Analysis: Here is Why ETH Rebound Is Likely to Happen
Ethereum continues to trade nearly 40% higher than before the incoming US President Donald Trump’s early November election win. While ETH has lost momentum in recent weeks to dip below its 20 and 50-day MAs, it continues to find strong support above its 200-day MA, around the $3,000 level.
Ethereum chart analysis also suggests a near-term bearish outlook is possible in the coming days, especially with Bitcoin looking vulnerable to a dip below the $90K region. However, Ethereum’s price performance has many important headwinds going into 2025. Donald Trump’s election victory, coupled with the Republicans winning back the majorities in the Senate and House, sets up an outstanding year for cryptos in 2025.
Once Ethereum’s price breaks into a new price discovery phase, it could target impressive gains while eyeing a new ATH. However, Fibonacci extension levels might give some ideas as to how high the Ethereum price could surge. The 2020 to late 2021 ETH bull market saw the crypto rally beyond the 4.236 Fibonacci retracement level. If the same occurs in 2025, the ETH token could surge to as high as $ 17,700.
Avalanche Flashes Bullish Signals
Avalanche is among the top tokens believed to outperform the top 2 tokens in the upcoming price action. It is considered heavily undervalued as it hovers above the $35 region. This is mainly because no major change in terms of price was recorded even after the launch of its largest-ever upgrade. However, Avalanche’s price was heading toward its yearly highs ahead of the launch, but the AVAX token followed the general market trend and dipped by over 30%.
Over the weeks, the token’s surge above $40 might have raised concerns over Avalanche’s net price action. However, in a wider perspective, the Avalanche price remains primed for a 50% upswing, only if the bulls manage to revive an over 10% rally soon. The daily chart for the AVAX price suggests that it could be heading towards immediate lower support as the token is on the verge of losing the 0.5 Fibonacci at $36.26.
The MACD suggests a drop in the token’s selling pressure, but Avalanche has yet to flip to a buying range. Similarly, the bears continue to hold a significant dominance, as seen in the bull-bear power, pointing to another pullback of around 10% could be in place, possibly reaching the interim support level at 0.382 FIB at $32.2.
Remittix Aim at Capitalizing On The Trillion- Dollar Market
The cross-border payment market has been gaining momentum and is set to hit over $250 trillion by 2027. Such a significant surge can only be attributed to online business growth and globalization. Remittix (RTX) is set to benefit from the growth by offering superior solutions to traditional transfer methods.
By utilizing blockchain technology to enable transparent cross-border transactions, Remittix is the perfect choice for businesses and individuals looking to make cheap yet efficient cross-border transactions. Remittix will not only revolutionize the way people transfer money but also enable a financial revolution globally.
Besides its fast yet affordable international money transfers, Remittix provides a unique set of tools designed to help redefine how companies and individuals engage with the global economy. The core of such innovations is the Remittix Pay API, a unique feature that will allow companies to perfectly integrate crypto payments into their systems.
With such features, the Remittix presale has already seen impressive momentum. The RTX token sells at $0.0167, with a presale funding of over $900,000. The RTX price is also set to surge to $0.0172 in the coming days as its presale funding eyes the $1M mark in the coming week.
Remittix Records Increased Global Investors’ Interest
Despite being a new project in the DeFi market, its unique presale momentum points to its outstanding capabilities. While Ethereum and Avalanche might have a better foundation within the crypto market, Remittix’s features could set it on the right path as both ETH and AVAX.
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