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Ethereum tumbled below the $4,000 mark for the first time since early Aug., trading as low as $3,983 during the Asian trading session hours before retracing to around $4,037, a 10.6% drop over the past week. Solana followed a similar trajectory, suffering a colossal 16.4% dump within the same time frame. Despite this tumble, analysts suggest a price recovery could happen soon, reinforcing a bullish posture for Solana price prediction in October.
The recent market crash has been cruel to most alts; not all. Remittix is a new crypto standing strong amid the brutal wipeout that was triggered by fading FOMC euphoria. Retail interest in this project is still aggressive; on-chain data confirms an aggregate of $26.7 million worth of RTX has been purchased to date.
Let’s consider Solana price predictions, and after that, we will take a look at why Remittix is withstanding the bearish headwinds.
Solana Price Prediction: Bulls Must Overcome Key Resistance Levels To Reignite Bullish Momentum
Last week, Solana experienced a resurgence from July lows around $160 to $235, bolstered by Kyle Samani’s Multicoin-led $1.65 billion treasury vehicle specifically for SOL accumulation. But despite the retail accumulation that followed, tides have quickly moved in favor of sellers who sent the asset below the $200 psychological level for the first time since early September.
At report time, Solana buys and sells at $199.07, representing a 16.4% week-long decline. Many natives are getting worried about whether there will be a near-term recovery. Analysts suggest that Solana price prediction in the near-term depends on whether buyers overcome resistance zones while holding strong support levels.
If buyers can break past the $210 support level over the weekend, bullish momentum could be reignited sooner than anticipated. Analysts still maintain that a successful reclaim of the $250 zone next month could trigger another push toward all-time highs later this year.
Why Remittix is Defying the Market Crash
Remittix has been one of the few alts holding strong amid the $1.6 billion wipeout across the alt market. This project has seen an exponential growth in retail and investor attention, which has, in turn, helped it withstand the bearish headwinds currently blowing across the market.
At report time, RTX tokens are priced at $0.1130, and retail buys now total a whopping $26.7M. This resilience is largely due to Remittix’s real-world utility and other bullish catalysts.
- Certification by CertiK: Confidence in the project has been strengthened by a thorough CertiK audit, verifying both the team and infrastructure. This helped Remittix rank as the no. 1 presale token this cycle, boosting trust among retail.
- 15% Referral Bonus: Its referral program has been a game-changer. Early adopters are earning 15% in USDT instantly claimable every 24 hours.
For experts, RTX represents a pivotal bridge for DeFi adoption, enabling real-world utility, faster settlement times, and liquidity, unlocking billions in value by connecting crypto utility directly to TradFi.
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
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