ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Can Ethereum Price Climb Back To $4,500? Bullish Optimism Returns Ahead Of December's Santa Rally!

As the market continues to recover from the recent market crash that caused over $30 billion in losses, investors' confidence and optimism are coming back alive. Investors are already positioning themselves ahead of the next leg up of the cycle, as well as the December Santa Rally. 


With the alt season in full swing, investors are asking whether the Ethereum price can climb back to $4,500 or if they should explore other options. Although ETH is dominating the spotlights, the savvy investors are instead buying up an emerging PayFi altcoin, Remittix (RTX), which they believe is the real gold for December. 



Ethereum Price Prediction For December: Is $4,500 Possible?


As of the time of this writing, Ethereum price is trading at $3,729, a 5.38% decrease in the last 24 hours. According to our analysis, Ethereum price needs to respect the $3,672 support, gather liquidity, and test the $3,786 resistance. 

If the resistance can be broken through, it becomes support, and the next resistance to be tested is at $3,971, followed by $4,100, and then $4,500. ETH price is mainly dependent on the broader market momentum, and a reversal in the market will invalidate the setup. In the event of a bearish movement and a drop in Ethereum's price, the next support levels are $3,672 and $ 3,500. 


Meanwhile, seasoned investors are positioning in Remittix (RTX) for higher returns instead of Ethereum; let's find out why. 




Remittix (RTX) Captures Attention With PayFi Utility


Remittix (RTX) facilitates crypto-to-fiat transfers in over 30 countries and supports more than 40 cryptocurrencies. Users send cryptocurrency, which is converted to fiat currency using the app's live foreign exchange rate and deposited directly into their bank accounts. 


The PayFi solution aims to bridge a $19 trillion payment gap between Web2 and Web3, leveraging Defi, blockchain, and local payment networks. Remittix offers an API that enables freelancers, business owners, and merchants to process cryptocurrency payments securely and efficiently.


 Remittix highlights:

  • Beta testing for the Remittix wallet is now live, with community users actively testing it.

  • A full CertiK audit has been completed; liquidity and team tokens have been locked for a period of three years.

  • RTX is ranked #1 on CertiK for pre-launch Token.

  • Designed for both crypto natives and non-crypto users, it can be used by business owners, freelancers, and others. 


Discover the future of PayFi with Remittix by checking out their project here:


Website: https://remittix.io/    

Socials: https://linktr.ee/remittix 

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway




Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+1.37 (0.56%)
AAPL  268.47
-1.30 (-0.48%)
AMD  233.54
-4.16 (-1.75%)
BAC  53.20
-0.09 (-0.17%)
GOOG  279.70
-5.64 (-1.98%)
META  621.71
+2.77 (0.45%)
MSFT  496.82
-0.28 (-0.06%)
NVDA  188.15
+0.07 (0.04%)
ORCL  239.26
-4.54 (-1.86%)
TSLA  429.52
-16.39 (-3.68%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.