Dogecoin Lands On A Significant Support Level As Newcomer Remittix (RTX) Mirrors Its 2021 Massive Rally

Dogecoin is currently at the 200-day EMA, a significant zone that usually suggests trend reversals. Historically, Dogecoin has used this level as a crucial turning point

Dogecoin price hit a crucial level that could either spark a massive rally or more dips in the coming days. Meanwhile, a new crypto like Remittix (RTX) offers a game-changing cross-border payment solution.

Dogecoin LandsCrucially on A Significant Support Level

Dogecoin’s price has hit a crucial support level that has been vital in sparking trend reversals. Around the $0.2620 mark is the 200-day EMA, a critical level that will determine whether the DOGE price movement regains bullish momentum or continues dipping.

If this level is defended, buyers will step in to prevent further losses and begin buying up DOGE tokens at a discount. A return to bullish price movement will see the DOGE token aim for the next resistance zone at the $0.34 level.

Dogecoin Price Analysis: DOGE Could Rally 5,880% Before Dogecoin

A recovery towards the $0.34 and $0.32 levels is possible. If the momentum picks up speed, a return to the $0.36 and $0.38 levels could be on the cards. However, to confirm a Dogecoin trend reversal, DOGE must show higher volume and buying strength.

On the contrary, a break below the 200-day EMA could pave the way for more dips towards $0.22, the next significant support level. At worst, the price of Dogecoin might even dip to $0.18, wiping out a fair number of recent gains.

The coming day will determine whether Dogecoin bulls can defend its crucial level or if it will enter another leg down.

Why Remittix Mirrors Dogecoin’s 2021 Massive Rally

Remittix (RTX) is designed for everyday users, freelancers, and businesses. The platform will allow users to convert and send over 40-plus cryptos directly to global bank accounts, ensuring efficient and quick transactions.

Zero hidden fees promote absolute transparency, enabling users to know precisely what they receive and send. Remittix’s privacy-first approach guarantees swift transactions and no unnecessary data exposure during transactions, keeping users’ identities confidential.

The Remittix Pay API allows businesses to integrate crypto payments effortlessly and receive their funds in over 30 fiat currencies. This move appeals to businesses and freelancers who want to minimize conversion costs while maximizing efficiency.

Moreover, by targeting everyday freelancers and users, Remittix democratizes access to crypto technology that was once limited to large enterprises. Its dynamic PayFi model approach will incorporate decentralized finance principles to provide a more flexible and user-centered solution in cross-border payments.

This move has already led to worldwide adoption, as the RTX token records an over 247% rally to hit the $0.0539 target. The Remittix price is also set to surge in a few days to $0.0567, providing early investors with a unique chance of enjoying better ROI.

Its rapid growth and strong real-world use are also set to push the RTX price even higher, targeting 5880% gains before Dogecoin.