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Ethereum Breaks Out Against BTC But $4,700 Is The Next Key Support Level As Remittix Announces Major CEX Listing

Source Cryptopolitan

After a period of stability, Ethereum is regaining momentum in August, rising beyond $4,600. Early investors are keeping a careful eye on ETH to see if the momentum continues as it continues to outperform Bitcoin in recent sessions.

At the same time, focus is turning to new altcoins like Remittix (RTX), which are becoming popular among whales and smart money because of their useful use cases and real-world payment solutions.

Ethereum Price Overview

The fact that Ethereum has recovered from the $4,550 support level indicates that buyers are intervening. Data shows increasing accumulation from ETH whales and regular investors.

Source: TradingView

The Ethereum price is currently around $4,608. Analysts have marked $4,700 as the next key support level. If ETH breaks below this level, it could see temporary profit-taking. However, surging above it may bring about more gains in the short term.

Indicators like the 50-day moving average suggest moderate bullish momentum. Although volatility remains elevated. The August rebound shows that ETH is a good choice for both long-term holders and traders looking to make rapid gains.

Why Remittix Is Capturing ETH Whale Attention

While Ethereum remains dominant, early ETH investors are showing interest in Remittix (RTX), a utility-driven altcoin with a clear use case in payments.

Here’s why it’s standing out:

One of the first major ETH whales has backed Remittix, signaling growing institutional and smart money interest.
The next Remittix CEX listing will be announced when the presale reaches $22M, creating anticipation among early adopters.
Its PayFi model allows crypto-to-FIAT transactions for B2B and B2C payments with zero hidden fees.
Wallet metrics, staking options, and community engagement indicate strong long-term holder accumulation.

Remittix (RTX) offers a low entry price with significant growth potential. Ethereum is complemented by the RTX token in diverse cryptocurrency portfolios. Investors seeking exposure outside of traditional cryptocurrencies are taking notice of its emphasis on practical applications and impending exchange listings.

Stay Ahead With Ethereum And Remittix

Ethereum’s breakout is encouraging, but projects like Remittix are showing why smart money is diversifying. Early adoption, real-world payments, and upcoming exchange listings make Remittix a key altcoin to watch.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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