Bearish Signals Emerge on Ethereum and Uniswap Charts – Holders Rotate Into This Viral Payment Token
Ethereum and Uniswap both show weaker chart signals this week, with traders testing recent support zones and momentum cooling on rallies. That has some traders rotating into a payment-focused play that aims at real money movement rather than trading cycles.
Remittix appears in these flows as a utility token built for fast crypto-to-fiat transfers. The team says its wallet beta is expanding to more iOS users through weekly top purchaser invites, which could give the token a new boost if usage grows.
Ethereum Sellers Reclaim The Near-Term Trend
Trading at $3,941, Ethereum currently trades under pressure as on-chain and sentiment readings soften into late October. Santiment notes whales sold into strength earlier in the month before adding again on dips, a pattern that often keeps rallies capped in the short run.
With a market cap of over $473 billion, the near-term view leans cautious until buyers defend recent swing lows with rising spot volume and cleaner funding. If that fails, a retest of the prior base becomes likely. Overall bias this week is neutral to bearish. Until breadth improves, rallies face supply near recent highs. Traders call this a “wait-and-prove” phase.
Uniswap Momentum Softens After Rebounds
Uniswap’s token shows similar fatigue, with bounces stalling near known resistance as liquidity thins on pushes higher. Some analysts flag repeated lower highs and waning RSI, a classic sign of cooling momentum that often precedes range retests. Without stronger spot volume, the path of least resistance is sideways to lower.
Earlier in October, Uniswap Labs disclosed the SEC had closed its investigation with no enforcement action, removing a major overhang, but the lift has faded as traders refocus on pure chart signals and volumes. A clean reclaim of recent tops with rising participation would flip the tone.
Remittix Payment Rotation Gains Pace Versus ETH And UNI
Compared with Ethereum and Uniswap, Remittix is being positioned by rotating holders as a simple payments story tied to real transactions rather than protocol governance or broad L1 cycles. Remittix is fully verified by CertiK with team KYC complete and ranked number one for Pre-Launch Tokens on CertiK Skynet.
The project reports a Skynet Score of 80.09 with Grade A and more than 24,000 community ratings. The wallet beta is live and now expanding to more holders, with invitations going to the top ten weekly purchasers on iOS from October 20. BitMart and LBank listings are secured, a third listing is in progress, and the team highlights a limited 50% token bonus using code RTX50 as they near a $30 million raise.
Remittix states it has sold over 681 million tokens, the current price is $0.1166, and the total raised exceeds $27.7 million.
Here Is What Stands Out About This Remittix DeFi Project:
- Backed by working infrastructure, not vaporware
- Deflationary tokenomics designed for long-term growth
- Mass-market appeal beyond just the crypto crowd
- Ideal for freelancers, remitters and global earners
- No other altcoin is targeting this level of real-world impact
Rotation Takeaway For This Week
Bearish reads on Ethereum and Uniswap are pushing some holders to look at payment utility instead of waiting for momentum to return. Remittix fits that search with verified security, an expanding wallet beta, and clear exchange plans, which is why it keeps showing up on “best crypto to buy now” lists.
If ETH and Uniswap reclaim trend with volume, attention may swing back. Until then, usage-led projects like Remittix can keep attracting flows as traders seek simpler drivers than broad risk sentiment.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk, including total loss of capital. Readers should conduct independent research and consult licensed advisors before making any financial decisions.
All market analysis and token data are for informational purposes only and do not constitute financial advice. Readers should conduct independent research and consult licensed advisors before investing.
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