Despite Bitcoin Falling Below $80K, Whale Activity Has Increased For ETH, XRP and RTX

The crypto market, in its true volatile nature, is experiencing a steep decline, with the Bitcoin price falling below $80k. This drop has sparked tension across the market as investors scramble to hedge their investments and manage their losses.

Analysts have identified increased whale activity for ETH, XRP, and the new Remittix ($RTX) crypto amid this market uncertainty. These three altcoins are the glimmer of hope for investors, but they all present diverse price projections.

Here, we examine what these cryptos have going for them against the impact of the Bitcoin price performance and the extent of their market potential.

Analyzing Bitcoin Price Decline

The Bitcoin price has fallen below $80,000 as a crypto route, taking $1 trillion from the general market, gains momentum, triggering worries of more decline ahead.

Now, as Forbes experts warn traders not to “buy the dip,” market experts are predicting how far lower the Bitcoin price correction could reach and if there’s a chance the crypto could trigger a full-blown market crash. According to the founder of 10x Research, Markus Thielen, in an emailed note to Forbes, “Bitcoin follows a textbook ascending broadening wedge pattern, which projects a target price in the low $70,000s.”

Ethereum Bullish Price Prediction

Ethereum has displayed correlations to tech-heavy NASDAQ-100, justifying its value spiraling below key support levels in the past week. Still, several top market insiders have indicated that the market could merely be tracking the global money supply, which has witnessed a 10-week delay.

This market mood would spur a crypto bull cycle, propelling the ETH price to $8K—$10K. Judging by the recent Ethereum price prediction from Doctor Profit, a prominent market expert, the Ethereum price chart displays a multi-year ascending channel and a weekly ascending triangle pattern.

Moreover, ETH’s relative strength index is another motivation behind analysts’ extremely bullish sentiment about the altcoin.

XRP Primed for Long-Term Growth

According to Mathew Brienen, COO of CryptoCharged, XRP’s current market momentum could trigger a significant uptrend. Based on XRP market fundamentals and real-world utility, Brienen shares this bullish sentiment, particularly in remittance payment processing. Like Remittix, XRP boasts enormous potential in this market as it facilitates money transfers globally in only five seconds for a fraction of a cent as fees.

Moreover, news of Japanese banks considering adopting XRP to simplify international payments is another boost. Such adoption could spike demand and trigger a breakout. Still, timing remains a big worry, as even Brienen admits that the XRP token surge could happen faster or slower. The timing solely rests on market speculations.

Remittix Price Prediction According to Experts

While Ethereum and Ripple each exhibit promising prospects amid the Bitcoin price decline, they are no match to the rapid RTX’s presale potential. This new crypto presale has already surpassed $13.2 million in presale funding, selling over 510 million $RTX tokens.

What makes Remittix stand out is its blockchain-powered payment solution, which offers benefits completely different from traditional payment realities. Remittix concentrates on solving everyday financial struggles, delivering swift crypto-to-fiat payments, and ensuring seamless merchant onboarding.

With this promising PayFi project, you can complete direct and immediate crypto-to-FIAT transactions, with access to convert 40+ crypto pairs into 30+ fiat currencies.

Only a few weeks after its price was revealed, RTX’s price rose to $0.0694, reflecting growth of over 362% from its initial price. Privileged market observers are confident that Remittix could change how we access global payments, inspiring massive adoption. Should RTX maintain its current momentum, it could hit $5 by the end of 2025 or sooner.

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