Ethereum News Today: Ethereum nears $4K as Dogecoin Stellar and Remittix gain traction

Generated by AI AgentCoin World
Tuesday, Aug 5, 2025 7:22 am ET2min read
Aime RobotAime Summary

- Ethereum’s price surpasses $3,800, with analysts highlighting altcoins like Dogecoin, Stellar, and Remittix as potential outperformers before hitting $4,000.

- Dogecoin shows rebound signs, driven by whale accumulation and key resistance levels at $0.20, with potential for $0.206–$0.212 if sustained.

- Stellar breaks out of a 16-day downtrend with bullish technicals, targeting $0.80 resistance as part of a potential multi-phase rally.

- Remittix gains traction via real-world utility, a Q3 beta wallet launch, and a $250,000 giveaway, positioning it for a Q3 breakout.

- These altcoins offer immediate upside for investors diversifying portfolios ahead of Ethereum’s $4,000 milestone.

Ethereum’s price has surged past $3,800, raising expectations that it could soon reach $4,000 if the current bullish momentum continues. In this context, analysts are highlighting altcoins that could outperform Ethereum in the near term. Dogecoin (DOGE),

(XLM), and Remittix (RTX) are being identified as top picks for investors seeking exposure to high-potential assets before Ethereum hits its key price target [1].

Dogecoin has shown early signs of a rebound, driven by whale activity. Between August 2 and August 3, DOGE rose 5%, peaking at $0.200 before settling at $0.198. Large wallet holders have accumulated over 310 million DOGE, with breakout zones observed at $0.194, $0.196, and $0.198. Although DOGE faced resistance at $0.20 and slightly retreated, the trading volume during the rally exceeded 233 million, indicating strong market interest. Traders are now watching for a retest of the $0.20 level. If DOGE can hold above this threshold, it could move toward $0.206–$0.212. A failure to maintain this resistance might see the price drop below $0.189, potentially dragging the coin into the $0.14 range [1].

Stellar (XLM) has also shown promising technical indicators. On August 7, the coin formed a bullish engulfing candle and broke out of a descending wedge pattern that had defined a 16-day correction. The RSI has rebounded above 50, and the MACD has turned positive, both signaling an upward continuation. On the weekly chart, XLM is emerging from a symmetrical triangle that started in 2020. A sustained breakout could confirm a trend reversal, with $0.80 as the next significant resistance. Analysts suggest that XLM has completed its fourth corrective wave and is now entering the fifth bullish phase, positioning it for a potential rally in August, assuming Ethereum’s broader recovery holds firm [1].

Remittix (RTX) is drawing attention for its real-world utility and market momentum. The project has already raised over $18.1 million and sold more than 580 million tokens by August. It is set to launch a beta mobile wallet in Q3 2025, which will include real-time foreign exchange (FX) features. RTX is designed as a PayFi utility token aimed at solving cross-border financial challenges with low cost and high utility. Key factors driving its traction include its target audience of freelancers, remitters, and users in emerging markets, as well as a $250,000 giveaway to boost community engagement. These developments are helping to build a strong foundation for RTX ahead of a potential Q3 breakout [1].

As Ethereum inches toward $4,000, these altcoins could offer more immediate upside for investors. DOGE benefits from meme-driven momentum and whale accumulation, XLM is entering a confirmed breakout phase, and RTX is combining real-world application with growth potential. For investors looking to diversify their portfolios ahead of Ethereum’s next milestone, these three tokens represent compelling opportunities [1].

Source: [1] DOGE, RTX and XL: Top 3 altcoins to buy before ETH reaches $4K, per analysts – Invezz (https://invezz.com/news/2025/08/05/doge-rtx-and-xl-top-3-altcoins-to-buy-before-eth-reaches-4k-per-analysts/)