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Injective Price Prediction: INJ To 4x Crossing The $100 Mark, But Analysts Believe This Ethereum Token Could 40x

by BSCN

December 21, 2024

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Can INJ surpass $100 as bullish momentum rebuilds? Ethereum and Remittix make headlines with major updates.

Injective buyers are regaining control after last week’s dramatic price fluctuations. Ethereum is also looking to rally after dropping to $3100 from trading at over $4000 earlier this week,  but buyer confidence will be thin. Meanwhile, Remittix looks set to overthrow both INJ and ETH in early 2025 with its new crypto-to-fiat payment solution. Here’s why. 

Injective (INJ) Buyers Struggle To Regain Control Despite Recent Bullish Price Performance

Despite an overwhelmingly bullish sentiment, Injective’s price decreased by 25.96% over the last 24 hours. Although Injective buyers remained in control during early December, they lost momentum after moving above the 20-day Simple Moving Average. Despite falling into the red zone over the last seven days, analysts believe Injective’s buyers will regain control once again. 

Injective is currently trading for $21.92. Since Injective is still trading above its key Simple Moving Averages on the INJ/USDT daily chart, analysts believe Injective’s price has more room for growth in the next few weeks. If these bullish predictions stand true, Injective could breach its R3 resistance at $57.59 before surging toward the $100 mark in early 2025.
 

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Ethereum (ETH) Gets Closer to Critical Resistance Level

Ethereum is making headlines once again as it approaches the $3,100 support level. After recording a huge decrease of 13.23% over the last seven days, Ethereum bulls seem determined to challenge this key historical barrier. Although this resistance has been a tough hurdle for Ethereum in the past, analysts believe Ethereum’s recent price action reflects strong buyer confidence. 

Ethereum is currently trading for $3,398.60 after an intraday decrease of 6.78%. Ethereum’s volume has increased by 48.40% which reflects high buying the dip activity amongst investors. Since Ethereum’s RSI has now reached the oversold territory, analysts believe Ethereum could sustain its upward movement and target the R1 resistance at $4,179 before the end of Q4. 

Remittix (RTX) Could Overthrow INJ and ETH with New Cross-Border Payment Solution

Remittix is a newcomer in the DeFi altcoin space and is already making waves with its cross-border payment solution. Remittix is committed to increasing the real-world adoption of digital assets and allows users to make seamless crypto-to-fiat deposits. As Remittix revolutionizes global payment systems, market experts are already projecting up to 800% returns for RTX holders before the end of its viral presale. 

These bullish predictions are all thanks to Remittix’s massive first-mover advantage. While traditional banking apps like Stripe, Wise and Coinbase focus on either fiat or crypto, Remittix is combining the two and offering unmatched ease to crypto traders. With Remittix, users can send funds via crypto that are automatically converted into fiat and deposited in the recipient’s local bank account. 

Since Remittix processes every transaction through smart contracts, every crypto-to-fiat transfer is completed at lightning-fast speeds. This means users no longer have to wait for hours or days before their funds are sent. Remittix also ensures that every cross-border transfer comes with a flat fee. Since there are no extra charges or hidden costs for FX or wires, what users send is exactly what the recipient receives.

Given these impressive user-friendly features, it is no surprise that analysts are already expecting Remittix’s native RTX token to overthrow both Injective and Ethereum in 2025. For now, Remittix is selling RTX tokens for a low price of only $0.015 which is a massive steal. As Remittix’s demand soars to new peaks, market experts are projecting a massive 5000% price increase once the token is launched on the open market.

You can find more information about Remittix (RTX) here:

Websitehttps://remittix.io/ 

Socialshttps://linktr.ee/remittix

 

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