Would You Purchase Ethereum if You Could Go Back to 2017?

ethereum

If you were given the chance to turn back the clock to 2017, investing in Ethereum would have been a game-changing decision. Presently, experts suggest that a new player in the field could potentially yield similar profits. Remittix (RTX) is emerging as a top cryptocurrency to consider investing in, as it combines practical real-world applications with the potential for widespread adoption.

Unlike Ethereum, Remittix addresses the global payments issue seamlessly through its PayFi model. This is a problem that Ethereum never fully resolved, and early investors are starting to take notice of Remittix’s potential. With a trading price of $0.1166, this payment-focused cryptocurrency has already raised over $28 million and sold more than 684 million tokens. It aims to mend the broken system of cross-border payments that millions of individuals navigate daily.

The current trading price of Ethereum hovers around $3,390, having dipped below the crucial support level of $3,500. Despite a growing sense of caution in the market, some analysts are optimistic that this could be setting the stage for a significant upswing. Much like the period in 2017 when early supporters witnessed substantial profits following months of sideways movement, the current downward trend might be paving the way for another breakout phase.

While Ethereum’s price remains under all major EMAs, signaling a brief bearish spell, on-chain data reveals the formation of accumulation zones in the range of $3,150 to $2,900. These are the same levels that triggered notable rallies earlier this year. Recent reports on Ethereum news indicate a rise in open interest, hinting at the fact that seasoned investors are preparing for volatility rather than succumbing to panic selling.

If Ethereum resumes an upward trajectory that propels its price beyond $3,500, the market could soon experience a return to bullish momentum. This could potentially lead to a surge past $4,000 and beyond. As traders engage in discussions about immediate resistances, long-term investors draw parallels between the existing climate and the early phases of Ethereum’s growth, emphasizing the importance of patience in reaping significant rewards.

For those who missed out on Ethereum’s initial ascension, Remittix offers a second chance grounded in utility rather than mere speculation. As the worlds of cryptocurrency and traditional banking converge, Remittix’s PayFi initiative stands poised to usher in a significant breakthrough in 2025, establishing it as a prime contender for best cryptocurrency investment presently available.