The ETH price has slipped from its August peak of $4,950, leaving traders debating whether Ethereum is entering a deeper correction or simply pausing before its next breakout. Analysts warn that September could bring a head-and-shoulders trap, but also suggest October may trigger a powerful rebound. 

As uncertainty clouds Ethereum’s path, attention is shifting to Remittix (RTX), the PayFi altcoin that experts expect to surge over 3,000% in the coming weeks, offering a more explosive setup than the current ETH price trend.

ETH Price Shows Signs of Weakness

The ETH price is currently $4,336 after pulling back from its August record of $4,950. Traders have turned cautious as profit-taking and market consolidation dominate the start of September. Ethereum remains supported by its $3,800–$4,100 demand zone, but pressure is building around the $4,300 level.

Technical analysts highlight the potential formation of a head-and-shoulders setup, a pattern that typically signals further downside. Yet many argue this could turn into a classic “bear trap,” especially as October, often called “Uptober” has historically triggered major bullish reversals. 

If ETH can hold above $4,100 and retest $4,500, momentum could quickly return, with resistance at $4,950 and the psychological $5,000 mark.

Why Remittix Could Deliver Over 3,000% Gains

Although the ETH price prediction points to steady but limited growth, experts believe Remittix (RTX) could deliver much larger returns. Operating within the PayFi sector, Remittix is tackling the $19 trillion remittance industry by enabling seamless crypto-to-bank transfers across more than 30 countries. 

Its model is centered on utility, offering low, fixed transaction fees, instant FX rate updates, and a Pay API designed for merchants and freelancers.

Remittix has raised over $23.4 million in funding, sold over 641 million tokens, and costs just $0.1030. With these accomplishments in its pocket, pundits predict that RTX is poised for explosive adoption and realistically may hit $4, yielding well over 3,000% higher than existing prices.

Key Highlights Behind Remittix Momentum

• $23.4 million raised and 641 million+ tokens currently sold at $0.1030
• Listings confirmed on BitMart and LBANK
• Q3 2025 wallet beta with 40+ cryptos and 30+ fiats
• Transparent fees and real-time FX quotes
• Merchant-ready Pay API for freelancers and businesses

Final Takeaway

ETH is under pressure at $4,300, with short-term charts signaling vulnerability. But ETF inflows and bullish technical trends offer room for Ethereum to regain $5,000 over the next few months. However, for investors seeking life-changing gains, Remittix is increasingly being called the best bet. 

With major milestones already secured and a roadmap targeting mass adoption, RTX is tipped by analysts to surge over 3,000% in the coming weeks, making it the altcoin to watch while Ethereum consolidates.

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