The latest shifts and developments in the crypto market are attracting the attention of investors monitoring altcoin movements. Dogecoin and Shiba Inu are showing mixed short-term signals that analysts interpret to mean that both meme tokens may be worth watching closely for potential investment opportunities.
However, traders looking for maximum returns on investments are increasingly looking to Remittix, an Ethereum PayFi solution, to deliver, thanks to its real-world utility and strong early-stage growth.
Dogecoin Price Analysis: Support Holds But Resistance Looms
Dogecoin is currently in a rising trend channel that analysts are suggesting could continue for the immediate short-term. Analysis with the RSI indicator confirms this by signalling that there could be more positive momentum on the horizon. Overall, market sentiment and momentum remain neutral, suggesting that the price might be about to break out either to the upside or below.
Shiba Inu Outlook: Horizontal Channel Indicates Consolidation
Shiba Inu continues to trade within a horizontal trend channel, with support near $12.08 and resistance at $14.01. Analysts predict that there is a high chance Shiba Inu might be about to break out of its consolidation and gain up to 16% price increase. In addition, volume analysis shows higher activity at price tops and lower activity at bottoms, which strengthens the likelihood of a directional move.
However, while bullish predictions about Shiba Inu remain, investors are looking for lower-priced tokens with more upward momentum and potential to deliver significant price gains.
Investors Choose Remittix Ahead Of Shiba Inu And Dogecoin
Remittix is a cross-border payment solution that is solving the international problem of asset transfers by seamlessly uniting crypto and fiat in one efficient system. Already, the PayFi solution has raised over $26 million with more than 666 million tokens sold. Investors are also excited that Remittix already provides global coverage with support for 30 fiat currencies and 50+ cryptocurrencies.
In addition to this, Remittix recently rolled out its new wallet feature for beta testing, and the project has announced the successful completion of its Certik audit, further demonstrating a commitment to growth and security. Meanwhile, significant retail activation is already underway with an active $250,000 giveaway and a referral program offering 15% of every new buyer’s purchase in USDT, currently live.
What Makes Remittix Attractive
- Real-world utility design
- Global adoption with support for 30 fiat currencies and 50+ cryptocurrencies
- Tier-1 CEX listings on BitMart and LBANK
- Certik-powered security verification
- Strong presale performance
With Dogecoin and Shiba Inu facing potential upward resistance despite bullish projections, analysts note that diversifying between these well-known tokens and Remittix, for its high potential and momentum, could offer both short-term and long-term opportunities for crypto portfolios.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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