Ethereum Price Retraces Below $4,200 As New Crypto Investors Favour Trending Altcoins Such As Remittix

The market is shifting again as the Ethereum price slips under $4,200, while new investors look beyond ETH toward trending PayFi tokens such as Remittix. With over $26.4 million raised through the sale of more than 669 million tokens at $0.1130 each, Remittix has emerged as one of the top crypto projects of 2025, drawing strong comparisons to early XRP.

Ethereum Price Tests Key Supports

Source: Heisenberg

Ethereum fell to $4,200 and tested key support levels after failing to hold above $4,400. ETH trades below a recently formed ascending channel on the daily chart, with RSI near 40 indicating weaker momentum. Bulls must defend $3,800 if Ethereum drops below it to avoid further losses.

Short-term signals…

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