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Dogecoin and Shiba Inu: Awaiting Breakthrough Amid Bearish Trends

Dogecoin and Shiba Inu: Awaiting Breakthrough Amid Bearish Trends

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by Giorgi Kostiuk

a month ago


In 2025, Dogecoin and Shiba Inu continue to face pressure from bearish trends in the cryptocurrency market. Meanwhile, newcomer Remittix shows consistent growth.

Bearish Trends of Dogecoin

The current state of Dogecoin's price raises concerns among investors. Currently trading below key support levels, DOGE struggles to gain momentum. Technical indicators suggest bearish trends, including a bear flag, which may lead to further losses for investors. Analysts warn that if these negative trends confirm, Dogecoin may drop to the $0.14 support zone.

Shiba Inu's Situation

Shiba Inu also exhibits bearish trends, notably showing a head-and-shoulders configuration indicating a possible 28% drop to $0.000009. The main support is around $0.00001041, and a declining triangle pattern suggests a potential 20% decline for Shiba Inu. A significant drop in whale activity has also led to decreased liquidity and increased bearish pressure.

Prospects of Remittix

Remittix, once unknown in the market, demonstrates impressive growth of over 420%. The platform is gaining popularity for its solutions in cross-border payments. The current round of its initial coin offering has raised over $15.5 million, highlighting sustained investor interest and prognosticating further growth in the future.

The current situation in the cryptocurrency market reveals that Dogecoin and Shiba Inu face significant bearish trends, while Remittix, with its unique offerings, finds its niche and demonstrates steady growth.

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