Dogecoin’s price is preparing for another rally in a move that could see it enter a critical demand zone.
One of the clear indicators of this imminent bullish resurgence for Dogecoin’s price includes the recent whale accumulation last month, where a collective 1 billion DOGE was bought as Dogecoin’s active addresses surged 528%.
Dogecoin’s price is not the only one primed for an uptick. Analysts have identified Remittix’s RTX as a potential 3,000% uptick that could turn a modest investment into millions. Remittix is at the forefront of cross-border payments, and its ongoing presale has raised over $15 million.
Dogecoin’s price could generate generational wealth as bullish sentiment rises
Any market watcher will agree that Dogecoin (DOGE) has made more millionaires than the S&P 500. In the last year, Dogecoin’s price has increased 49%, adding to a monthly uptick of 47.4%, not to mention a bi-weekly surge of 25%.
Image Source: Coingecko
As analysts and traders eye a take-profit target of $0.30 for Dogecoin’s price, this meme coin’s on-chain data has spiked to a 6-month high, with active addresses on Dogecoin’s network increasing 528%.
One of the catalysts for this rapid growth includes the upcoming SEC review of multiple Dogecoin ETF applications.
The speculative frenzy surrounding Dogecoin’s price is also buoyed by increased retail demand, with data from reports showing strong buying pressure that has been building up since early March.
Image Source: CoinMarketCap
Top analysts agree that Dogecoin’s price is on the verge of an explosive move if the current bullish sentiment persists. Strengthening fundamentals could see Dogecoin’s price pierce through the $0.26 resistance zone in a move that could push DOGE to retest the $0.74 ATH.
At its current price of $0.22, DOGE is rebounding from a $0.14 support level with the next technical Fibonacci targets set at $0.27, $0.32, and $0.39 in the short term. Long-term bullish outlook could see DOGE surpass the $0.50 zone on its way to $0.70.
Onlookers eventually anticipate a Dogecoin price at the fabled $1. However, traders should be cautious as the road to $1 might be anything but smooth sailing.
Remittix’s RTX could mirror DOGE’s early uptick, generating massive gains
Dogecoin’s price is hogging headlines right now but its coming uptick cannot compare to what analysts project for Remittix’s RTX.
Remittix (RTX) is an emerging PayFi protocol on the verge of disrupting a potential $250 trillion remittance industry. With a simple and intuitive approach, Remittix works to enable crypto holders to send funds directly from their crypto wallets to a recipient’s bank account across 30+ fiat currencies.
Remittix’s revolutionary approach bridges the gap between cryptocurrencies and traditional banking networks in that the recipient is obscured from the complexities of dealing with crypto wallets. This makes Remittix a must-have, especially for regular users who are unaware of the ins and outs of cryptocurrencies.
What’s more, every transaction on Remittix’s network comes at a flat fee with zero hidden costs and charges, making Remittix affordable to everyone, no matter their economic status.
In a rapidly digitized global economy, Remittix offers a practical, secure, and efficient payment solution that caters not only to regular users but also to businesses. For instance, merchants can facilitate easy crypto-to-fiat payments using Remittix’s PAY API, which supports over 40 cryptocurrencies.
Remittix’s ongoing presale has gained traction among investors who have bought up over 90% of RTX’s total supply of 1.5 billion tokens. With RTX now priced at $0.0757, a 300x uptick on launch could see some investors turn a modest investment into millions.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
