Ethereum (ETH) is trading at approximately $3,870 as of November 3, 2025, following a failed breakout and pullback that triggered short-term profit-taking, according to the article from Cryptopolitan_News. This pattern, characterized by heavy volume at resistance and quick reversion, aligns with technical analyses from sources like CoinCodex and Changelly, which forecast a consolidation phase in early November before a potential rebound. If ETH holds support above the $3,950–$4,000 band, models suggest a climb to $4,450–$4,600 by mid-November, driven by ETF inflows and staking growth. However, a breach below this level could lead to deeper correction toward $3,713, as warned by InvestingHaven, with RSI at 46.5 indicating neutral momentum amid broader market caution. On-chain data from CryptoQuant shows a 12% rise in daily active addresses, supporting a bullish long-term trend, but short-term volatility persists due to macroeconomic factors like the upcoming FOMC minutes.
Remittix (RTX), a PayFi project focused on crypto-to-fiat remittances, is highlighted as a potential leader in the next rally, with its presale raising over $27.8 million at $0.1166 per token. The platform enables seamless transfers to bank accounts in 30+ countries, audited by CertiK and featuring a 15% USDT referral program and $250,000 giveaway. Reviews from BTCC and CryptoNews praise its utility for cross-border payments, positioning it as a “XRP Killer” with low fees and real-time FX, but Reddit discussions in r/CryptoScams raise scam concerns, linking it to past projects like Renq and Rexas due to extended presale timelines and unproven execution. Despite this, TokenTax and TronWeekly note its innovation in bridging blockchain with traditional banking, with future listings on BitMart and LBank expected to boost liquidity. Analysts predict RTX could reach $0.09–$0.12 post-launch if innovation holds, though execution risks loom in a competitive remittance space dominated by Ripple and Wise.
The article’s playbook for November emphasizes a potential ETH stabilization above $4,000, paving the way for Layer-2 tokens to rally amid reduced gas fees and ecosystem expansion. With Ethereum’s Fusaka upgrade slated for November 2025, enhancing data blob capacity eightfold, L2 solutions like Arbitrum and Optimism could see heightened activity, per CoinDCX and CoinPedia forecasts targeting ETH at $5,000–$6,200 by year-end. Remittix fits this narrative as a utility-driven altcoin, potentially leading gains if it delivers on its roadmap, though short-term ETH “sharp correction” (noted as “sharp edition” in the article, likely a typo) could test supports at $3,800. Overall, the outlook remains cautiously optimistic, with institutional inflows and macro easing as catalysts, but investors should watch for ETF developments and on-chain metrics to confirm the rebound.
