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Ethereum Under Pressure: Prices May Drop Below $4000 as PayFi Projects Gain Popularity

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by Giorgi Kostiuk

2 days ago


Analysts warn of possible declines in Ethereum prices below $4000 in 2025, while attention shifts to PayFi projects.

Current Situation with Ethereum Prices

Recent price drops for Ethereum below $4300 place it near an important demand zone. After facing resistance between $4600 and $4800 last month, ETH has been consolidating between $4200 and $4300. Analysts note that to maintain bullish momentum, bulls need to defend this level. Analysis on TradingView shows that while a bullish trendline from the August lows is still active, Ethereum faces pressure from an overhead bearish trendline. If bulls can overcome this bearish barrier, ETH may retest the $4600–$4800 range. Otherwise, a fall below $4000 could represent the next psychological support level.

Growth of PayFi Projects and Remittix Opportunities

Amid Ethereum’s struggles, the Remittix (RTX) project showcases the potential of PayFi as the next significant market trend. RTX is designed for global payments and focuses on fast, low-cost crypto-to-bank transfers in over 30 countries. Remittix has already raised over $25.5 million, sold more than 660 million tokens, and launched on exchanges like BitMart and LBANK. Some of its features include:

* RTX provides seamless crypto-to-bank transfers in 30+ countries. * The referral program pays out 15% in USDT every 24 hours. * Several exchange listings are live, with more expected. * The WalletA device for secure key storage.

These attributes position RTX as one of the exciting PayFi projects in 2025, suggesting returns far beyond traditional Layer 1 tokens.

Overall Conclusion

The latest news regarding Ethereum indicates a contentious battle between bulls and bears, with the $4300 level serving as a critical line. If ETH loses that zone, it could slip below $4000 before any significant recovery begins. In contrast, Remittix is moving forward with product launches and listings, highlighting its leadership in the PayFi sector.

Analysis of the current market situation suggests that Ethereum may face challenges, while projects like Remittix demonstrate growth potential.

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