As the crypto summer approaches, where do Ethereum, SOL, Ripple and other top altcoinsstand? Are industry experts bullish or bearish on Solana price prediction for Q1? Where are the next moves for XRP and Dogecoin amid the sluggish legal intervention of ETFs and the slow recovery of meme coins after the recent market meltdown?
Meanwhile, while investors ponder these questions, a new crypto launch has been making waves. Remittix is showing fleeting momentum despite market-wide bearish conditions. Let’s shed some more light on this new crypto that investors are quickly noticing and shed some light on Solana price prediction and the others.
Solana (SOL)
Solana is showing some of the strongest signals for an explosive move. Solana’s total transaction count was 87 times higher than Ethereum’s last week and Pump.fun’s surge in revenue has that of top altcoins like Ethereum in the past 30 days.
These developments make it harder to ignore Solana’s growing dominance in DeFi and meme trading. SOL price is currently pegged at around $197.21, with an 18.47% weekly decline. However, investors remain optimistic about Solana price prediction in Q1, despite the recent bearish pressure.
Ethereum (ETH)
At the time of writing, Ethereum changes hands at $2,724, down 2.08%. ETH has key support at $2,755, which may see the asset slide further to $2,700, should buyers fail to appear. A close near $2,600 with failure to hold support could see the Ethereum decline to $2,420 and $2,350.
Despite this bearish movement, analysts remain optimistic about Ethereum’s price trajectory. They believe ETH could quickly rebound due to growing bullish catalysts, potentially stabilizing around $3,150 by late February.
Dogecoin (DOGE)
Dogecoin investors faced a rough start to the week as DOGE slipped below $0.30, triggering concerns among holders. Despite multiple attempts to reclaim this level, DOGE remains under pressure, currently trading at $0.25 after a 4.45% daily drop and a 23.19% weekly decline.
Even with this bearish pressure, DOGE whales remain active, recently accumulating 750 million DOGE while prices dipped. Analysts suggest big players aren’t backing down despite market struggles. With renewed optimism, DOGE could be primed to lead the meme coin rally in Q1.
Ripple (XRP)
Last month XRP crossed the $3 threshold for the first time in seven years. Market experts traced this breakout to the aggressive accumulation of XRP tokens the preceding month, suggesting the upside movements in the XRP trajectory wouldn't stop anytime soon.
However, February has been less favorable for XRP. The token is now trading at $2.30 after suffering an intra-day drop of 6.10%, bringing its weekly decline to 25.34%. Unless a major development, such as the approval of Ripple ETFs, injects momentum into the market, XRPcould remain volatile with hesitant buyer sentiment.
Remittix (RTX)
While most top altcoins are struggling under market pressure, Remittix (RTX) is a new crypto defying the odds, witnessing strong momentum despite the broader downturn. This is evident in the ongoing presale of RTX tokens, which has raised over $11.1M in less than a month.
Remitiix is a PayFi protocol that enables the seamless deposits of fiat payments through the equivalent value of the user's crypto holdings. Investors resonate with Remittix’s innovative approach to solving a prevalent problem in the DeFi space.
With Remittix set to grapple for a significant stake in a multi-trillion-dollar market, now is the perfect time to secure RTX tokens before the token gains more momentum in Q1.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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