Dogecoin’s price is gearing up for an explosive breakout, with market watchers putting across bullish Dogecoin price predictions. In the last month, DOGE’s price saw its MACD flip positively, holding critical support above $0.22.
With the price of DOGE now consolidating above key support levels, onlookers are setting bullish Dogecoin price predictions that could see the leading meme coin surpass the fabled $1 price target.
Dogecoin price predictions forecast an upcoming upward momentum
After a devastating drop of over 70% from peak prices late last year, DOGE is finally making a comeback as its price rebounds from the 0.786 Fibonacci Retracement zone.
Image Source: Trading View
Dogecoin has managed to break through its previous downturn, with its price currently consolidating above the $0.20 support. Even so, DOGE still faces major selling pressure at the $0.26 mark. Dogecoin’s RSI signals also show that DOGE’s price is retesting overbought levels now that RSI is below 55.49.
However, analysts are setting up bullish Dogecoin price predictions based on a combination of DOGE’s RSI with the meme coin’s higher highs on the price chart. According to some chart watchers, this combination sets up a hidden bullish divergence that often appears right before an upward streak continues.
Image Source: CoinMarketCap
Can DOGE help you retire?
Dogecoin price predictions aside, the price of DOGE has surged by over 260,000% in the last decade. That surge would be enough to turn a paltry $100 investment in DOGE into millions. However, at today’s prices, a meteoric Dogecoin price uptick is unlikely given the level of legitimacy DOGE is receiving from institutional buyers.
Dogecoin’s market is maturing with the advent of institutional investors seeking more stable derivatives of the popular meme coin. Dogecoin has gained popularity against the backdrop of its upcoming ETF approval by the SEC. There has been an increase in on-chain investor activity in anticipation of DOGE’s institutional adoption.
Increased institutional interest towards DOGE will render Dogecoin’s price less volatile, even while DOGE’s network activity surges 990%. Therefore, for investors seeking meteoric gains, the best opportunity to retire is in upcoming presale tokens with bullish potential.
Remittix’s RTX presale gains traction, raising over $15 million
Talking of presale tokens that will help you retire, Remittix’s RTX token is the latest sensation, capturing investor attention. This emerging cross-border payment platform, built with a revolutionary PayFi protocol, is set to disrupt a potential $250 trillion remittance market.
With Remittix, a crypto holder can send funds across a local payment network and have the recipient receive a simple bank transfer in over 30 fiat currencies. The recipient is completely obscured from the complexities of crypto wallets, making Remittix ideal for mass adoption.
Remittix also offers a Pay API for businesses looking to accept crypto payments from customers. Their platform supports over 40 cryptocurrencies, including stablecoins, enabling flexibility while bridging the gap between crypto and traditional banking networks.
Remittix’s ongoing presale has raised over $15.2 million since it started, and RTX is now priced at $0.0781. The next stage of the presale will see the price increase to $0.0811, which is still a discount considering analysts are predicting a 3,000% potential for RTX.
PayFi is quickly becoming the next bullish wave in the crypto space. Dogecoin price predictionsmight be bullish, but the meme coin frenzy is getting saturated. If you are seeking bullish gains, Remittix offers real-world utility that could see its platform achieve mass adoption in the near future.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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