Ethereum Defends $3,500 While This Viral New Crypto Rides a 400% Rocket Ship

Ethereum's price floor holds firm at $3,500—but the real action is in a breakout altcoin turning early investors into overnight whales.

Move over, blue chips. While ETH maintains its slow grind, an unshaven newcomer is already printing generational wealth. Four-hundred-percent returns in weeks? That’s not a typo—it’s a middle finger to 'responsible portfolio allocation.'

Wall Street’s still arguing about spot ETFs. Meanwhile, degens are cashing checks. The math isn’t complicated: When a coin flips ETH’s gains by 40x, even your Uber driver starts asking about gas fees.

Bull markets breed miracles. And right now? This one’s making Bitcoin maximalists sweat through their 'HODL' t-shirts.

Ethereum Price Outlook: Holding $3,500 Amid Market Consolidation

Ethereum price breaking below the $3,500 zone suggests a strong incoming decline. It’s found support around $3345-$3275, confirming a short-term weakness in price structure.

All eyes are on the $3500 zone. If ETH finds support there, we could see a solid bounce or a full trend reversal. But if this zone fails, deeper correction may follow.

This drop comes after Ethereum’s price rallied almost 25% in July. ETH crossed the $3,500 resistance for the first time in months, aiming for $4,000. Institutional inflows, especially ETH ETFs, played a leading role, with over $5.41 billion in inflows in July alone.

Despite the drop in ethereum price, Ali_chart revealed a few hours ago that over 1 million Ethereum $ETH have been withdrawn from exchanges in the past two weeks. Such news means renewed investors’ interest.

While we wait for confirmation of a bull or bear in ETH, the smart money is already investing in this trending altcoin, RTX.

Why Remittix (RTX) Offers More Potential

Despite ETH’s strength, its market cap size limits its explosive potential compared to newer utility tokens like Remittix (RTX).

Remittix is a cross-border crypto-to-fiat payment solution. It enables users to send cryptocurrencies (40+ across different blockchains) deposited directly into recipients’ bank accounts in 30+ countries.

It offers practical, real-life utility in solving a $19 trillion global payment problem. Transactions are fast, secure, and seamless, with zero charges, no KYC headaches, and no FX conversion problems.

• RTX is utility-driven, built for adoption, and powers real transaction volume.
• Smart contract is audited by CertiK; liquidity and team tokens are locked for three years.
• Remittix is built for adoption, not speculations or vaporware
• Deflationary tokenomics are designed for long-term growth and sustainability.
• Remittix has a mass-market target beyond just the crypto crowd. It’s Ideal for freelancers, remitters, and global earners

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway