Ethereum is currently trading at $3,600 after days of consolidating around the $2,400–$2,500 range. This surge can be attributed to the current bullish move in Bitcoin, a recent increase in institutional inflows and massive whale accumulation.
Spot ETF products have drawn in approximately $750 million daily, with whales adding between 800,000 and 1 million ETH inflows. The last time this level of transaction activity was not recorded was in 2018.
With the increasing renewed interest, Ethereum price predictions are above $10,000.
Is a $10,000 Ethereum Price Prediction Feasible?
According to Glassnode, whale wallets holding between 1,000 and 10,000 ETH bought 800,000 ETH daily during the past two weeks. 
Simultaneously, Spot ETH ETFs are also instrumental in this rally. As reported by Cryoptopolitan, BlackRock’s ETH fund has added almost $77 million to its holdings, and other prominent asset managers like Fidelity and Grayscale have followed suit.
From a technical analysis standpoint, ETH price charts are bullish. If ETH clears $3,400–$3,600, the Ethereum price prediction of $4,000 will hold. And if ETH crosses the significant resistance at $4,000, a parabolic move toward $10,000 will be unleashed.
On the contrary, if the market reverses and the price drops below $2,520, the $4,000 Ethereum price prediction will be invalidated, raising the risk of a more extended consolidation range.
Although Ethereum price prediction seems promising, investors are diversifying into a newly launched payment project called Remittix.
Remittix, The Newly Launched Project Turning Heads
Remittix is a newly launched Pay-Fi project that aims to bridge the gap between traditional payment and cryptocurrency. It’s built on the Ethereum blockchain and will solve over 19 trillion crypto-to-fiat issues across the globe.
Users get to deposit cryptocurrencies (over 40 supported across different blockchains), which will be sent as fiat directly to the recipient’s bank details. Seamless transaction, with zero charges.
Remittix has its own native token, RTX, which is positioned as a utility coin to deliver value to users globally.
Why Remittix?
- Recipients do not need a wallet; it’s fast, reliable, and has no transaction charges or FX fees.
- Seamless payments powered by crypto are settled in cash.
- Direct crypto-to-bank transfers in over 30 countries
- Remittix has completed a full audit via CertiK to build user trust and allow transparency.
- Built beyond for the crypto crowd, works for freelancers, remitters, and global earners.
- 50% token bonus is still live for early backers.
- Savvy investors see a 100x token and invest early before launch and centralised exchange listing.
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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