ETH has been trading in a volatile range, with recent drops bringing it closer to key support zones. According to CoinCodex, ETH recently dropped ~26% in the past month.
Short-term resistance is around $3,660–3,850, while support zones are lower, in the $3,050–3,330 range.
Some forecasters suggest ETH could rebound modestly in the near term, with CoinCodex projecting a short-term target of $3,758.
2. Fundamental Catalysts
A major boost could come from the upcoming Fusaka upgrade, scheduled for December 2025. This upgrade aims to improve scalability and reduce transaction costs, which could reignite demand.
Whale and institutional accumulation is reportedly growing, suggesting long-term conviction in ETH’s network fundamentals.
3. Macro & Market Risks
There’s still macro uncertainty: rate expectations and risk-off sentiment could weigh on ETH.
ETF outflows in some Ethereum-based funds have been noted, which could limit short-term upside momentum.
4. Outlook & Scenarios
Bull Case: If ETH breaks above its short-term resistance and Fusaka delivers as expected, ETH may push toward $4,500+ in the coming weeks.
Base Case: A consolidation phase between $3,300–$3,900 as it digests recent volatility and waits on upgrade catalysts.
Bear Case: A breakdown below support could lead to a retest of $3,000–$3,050, especially if macro headwinds intensify.
Here’s a short, up-to-date analysis for Anoma $XAN as of November 2025:
---
🔍 Anoma (XAN) Latest Analysis
1. Price Pressure & Token Unlocks
XAN has seen significant selling pressure since its token generation event (TGE), where ~10% of its total supply was unlocked.
This unlock triggered a sharp dump: some early holders (like airdrop recipients) reportedly sold quickly.
Technicals are weak: the RSI is deeply oversold, but there's no clear reversal sign yet.
2. Liquidity & Listing Developments
XAN got listed on several major exchanges very quickly (Binance Alpha, Coinbase experimental tier, Bybit, Kraken), which boosted visibility.
However, the “listing hype” seems to be fading: recent volume has dropped from its initial spike.
Derivatives (futures) have launched too, which deepens liquidity but also adds volatility risk.
3. Fundamentals & Long-Term Thesis
Anoma’s core value proposition: it’s not just a blockchain — it’s a coordination layer that lets users express “intents” (what they want to happen), and solver networks match and execute across chains using zero-knowledge tech.
Institutional backing is strong (Polychain, Delphi, Coinbase Ventures, etc.), which supports long-term potential.
On the tokenomics side, team / VC tokens are locked until Q4 2026, then unlock linearly for 36 months — so major inflation risk is somewhat contained in the near term.
4. Short-Term Forecast
According to CoinCodex, XAN could trade between $0.0201 and $0.0284 in the near term.
On the other hand, MEXC is projecting a modest price around $0.0281 over the next 30 days.
---
✅ Outlook & Risks
Bull Case: If Anoma’s infrastructure vision gains traction — with real adoption of its intent-based coordination — XAN could see sustained demand. The strong backers and cross-chain use case give it a potential long-term narrative.