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Reading: Ethereum price drops back below $3,600 but analysts still confident on new highs
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Viral Trending content > Blog > Crypto > Ethereum price drops back below $3,600 but analysts still confident on new highs
Crypto

Ethereum price drops back below $3,600 but analysts still confident on new highs

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Ethereum price updates still suggest bullish momentumWhy this pullback is not a red flagRemittix: The quiet winner in PayFiFinal thoughts: Keep eyes on the chart and on Remittix
  • Ethereum holds strong above key moving averages despite short-term pullback.
  • Institutional demand rises via ETPs and treasury flows, boosting ETH outlook.
  • Remittix Wallet beta launching Sept 15 with real-use features for payments.

Ethereum’s recent price slip below $3,600 has stirred some nerves, but experts remain calm. The current trend still points upward, and analysts believe this is just a breather before another big run.

At the same time, new altcoins like Remittix (RTX) are attracting investor attention for their payment-focused use cases and early-stage growth. 

Ethereum price updates still suggest bullish momentum

The latest Ethereum price updates show the token trading near $3,620 after reaching $3,800 earlier this week.

Even with the small drop, Ethereum is still going strongly. It’s staying above the 100 and 200-day moving averages.

The recent jump above $3,000 helped turn old resistance levels into support.

Bitwise CIO Matt Hougan believes institutional money is now flowing in thanks to Ethereum exchange-traded products.

These ETPs and treasury allocations are creating sustained demand. According to Hougan, Ethereum’s weak early 2025 performance was largely due to low institutional interest.

That has now changed. Even with a brief pause, analysts say the move toward $4,100 remains likely, as long as bulls hold the $3,300–$3,500 zone.

Why this pullback is not a red flag

source: TradingView

While the Ethereum price updates show signs of short-term weakness, they also show a healthy structure.

Upper wicks on recent daily candles reveal some profit-taking near $3,800, a level that has acted as strong resistance.

If Ethereum does dip again, analysts say a bounce near $3,300 could offer the perfect setup for another move higher.

Volume remains strong, and interest is returning as ETH continues to act as a base layer for both crypto staking and DeFi platforms.

Many investors now view Ethereum as a long-term hold and a key piece in early-stage crypto investment strategies.

Remittix: The quiet winner in PayFi

While Ethereum builds on its foundation, Remittix is gaining traction in a whole different sector: cross-border payments. It has raised over $17 million, with 564 million+ tokens sold at $0.0842 each.

A new milestone was also announced, the Remittix Wallet beta will launch September 15, 2025.

Here’s why Remittix is being called a top crypto under $1 and the best crypto to buy now:

  • Full-function crypto wallet launching in Q3 2025
  • 50% token bonus still active for early investors
  • Massive demand in Latin America and Southeast Asia
  • Rapid growth across low gas fee crypto project rankings
  • Real use cases for remittances, gig workers, and microfinance
  • Dubbed “the next XRP” by several leading analysts

Final thoughts: Keep eyes on the chart and on Remittix

The Ethereum price updates still show a bullish structure despite the current dip. With more institutional demand and a clean macro chart, the next wave higher could be close.

But if you’re looking for a fast-rising altcoin with real-world utility, Remittix is hard to ignore.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

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

 

This article is authored by a third party, and CoinJournal does not endorse or take responsibility for its content, accuracy, quality, advertisements, products, or materials. Readers should independently research and exercise due diligence before making decisions related to the mentioned company.



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