Whale activity in the cryptocurrency market is observed alongside rising price forecasts for Dogecoin and Remittix (RTX). Current analysis indicates that expectations may be met if DOGE's price exceeds certain key levels.
Future of Dogecoin: Key Levels for Growth
Technical analysts note that Dogecoin is forming a 'cup and handle' pattern and could reach levels of $0.25 and $0.30. This week, DOGE's price managed to breach the $0.176 level on a volume of 1.52 billion; however, resistance at $0.186 halted further upward movement.
Remittix (RTX): Benefits and Potential
Remittix offers an Ethereum-based platform allowing the conversion of BTC and ETH into fiat cash at low fees. Currently, RTX processes live transactions and has the potential for scalability amid increasing demand.
Economic Context and Its Impact on the Crypto Market
The macroeconomic backdrop creates conditions for potential growth for both Dogecoin and Remittix. With a positive sentiment in the market, it is expected that further whale purchases will foster price increases and investor interest.
Thus, interest in Dogecoin and Remittix is intensifying amid the activity of major investors and overall positive market sentiment. Both cryptocurrencies are expected to demonstrate significant growth in the near future.
