Looking for a 10,000x Crypto? Ethereum Price Slides to $2,500 as Whales Inject $15M Into R
May 26, 2025
Ethereum’s price is retesting the $2,700 resistance zone, with its price now at $2,558 after finding support at $2,460. Ethereum’s fundamentals have strengthened, as seen by the increase in ETH contract deployments, leaving most onlookers to anticipate a bullish resurgence.
As Ethereum’s price makes a comeback, an emerging PayFi protocol in its ecosystem has registered presale success, raising over $15.3 million in a brief spell. Remittix is redefining cross-border payments in a move that expert analysts predict could see its RTX token surge over 3,000%.
Ethereum’s price sets the stage for a bullish resurgence
Despite a 32% downturn on its year-to-date chart, Ethereum’s price is steadily reclaiming higher support zones. The recent market-wide downturn that just ended saw Etehreum’s price register a devastating pullback of over 65%.
Right now, however, ETH has established support right above $2,300 while consolidating around $2,555 in preparation for a continuation of its uptick. In the last month, ETH has surged over 30%, and analysts anticipate a continuation of this bullish trend.
Image Source: Trading View
After Bitcoin’s price surpassed its previous ATH, Ethereum’s price picked up bullish momentum, rising steadily to test the $2,720 area. While Ethereum’s price has dipped slightly, analysts are hopeful that increasing institutional demand for ETH will add to a breakout for ETH toward $2,630 in the short term.
Image Source: Trading View
There is still uncertainty over which direction Ethereum’s price will follow if the bears pile on to sell at the $2,700 zone to recoup profits as the ascending support levels break. If the bulls fail to sustain support, Ethereum’s price could dip lower to the $2,400 zone before resuming its uptick.
Some of the fundamentals boosting ETH’s ascend include the recent Pectra upgrade that significantly increases the network’s scalability, spearheading development, and making Ethereum’s price appealing to investors.
Remittix leads the PayFi rally among ERC-20 tokens with a successful presale
While Ethereum’s price prepares for a breakout move to reclaim its ATH, an emerging ERC-20 token is shaking up the cross-border payment sector. Introducing Remittix –a revolutionary PayFi protocol built for simplicity and easy accessibility.
Remitix is a game-changer in PayFi. Its platform is on track to lead the charge in a global remittance market that is projected to be worth over $250 trillion by experts. Thanks to Remitix, crypto holders can send friends and loved ones’ funds to fiat-based bank accounts seamlessly and in a near-instant transaction.
Remittix supports over 30 fiat currencies on its payment network, so recipients are guaranteed easy access to funds sent anywhere in the world. There is also a Remitix Pay API that supports merchants and small businesses looking to accept crypto payments.
Analysts are paying close attention to Remittix’s ongoing presale that has raised over $15.3 million since it started, with early bird investors scooping up over 530 million RTX tokens of the total 1.5 billion. Could this simple and intuitive PayFi protocol compete with the likes of XRP?
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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