HBAR and SHIB Price Trajectories: Why Experts Believe Remittix (RTX) Could Be the Next Big Thing in Crypto

Hedera (HBAR) has experienced notable swings lately, alerting investors with its price changes. The token has reversed the trend after a standout performance in November 2024 that saw the token surge 900% and reach higher highs in January. HBAR now trades in support of its long-term horizontal range, which could determine its future trend.

Hedera (HBAR) has experienced notable price swings lately, attracting the attention of investors. After a standout performance in November 2024 that saw the token surge 900% and reach higher highs in January, HBAR has reversed the trend. Currently, the token trades in support of its long-term horizontal range, which could determine its future price direction.

Meanwhile, Shiba Inu (SHIB) shows signs of a slight price recovery following a partnership with the UAE to integrate blockchain into its energy sector. The collaboration seeks to integrate SHIB's Operating System (ShibOS) to unify development across MoEl operations, leveraging Shiba Inu's extensive Web3 technologies.

Remittix (RTX) has captured attention with its dynamic PayFi model that could redefine cross-border payments by 2025. In just a few weeks into its presale, Remittix has stunned investors, raising over $10.8 million in funding, with experts forecasting a massive potential growth of 100x this year. Let's uncover HBAR and SHIB price trajectories and why experts believe Remittix could be the next big thing in crypto.

Hedera (HBAR) Horizontal Range

Since December, Hedera (HBAR) has traded inside a horizontal range between the $0.250 and $0.370 levels. Its bottom and top of the range have been confirmed numerous times. The HBAR token peaked at its cycle high of $0.401 on January 17.

However, the HBAR coin has slipped down, seemingly breaking down from the horizontal range and steering toward a low of $0.177. The altcoin has reclaimed the range low and formed a bullish hammer candlestick.

Despite the ongoing bounce, Hedera's technical indicators are bearish. Its RSI and MACD have fallen below their bearish thresholds at 50 and 0, respectively.

While the price action and indicators are inconclusive, the wave count confirms decisively bearish trends. Per the count, HBAR crypto has completed a five-wave upward movement and could be corrected inside an A-B-C structure. The ongoing bounce could be a relief rally that will follow new lows. Meanwhile, wave B might still take the HBAR crypto toward $0.35 before another downtrend.

Thereafter, the next bottom target for wave C is around the $0.786 level, which it could reach in April. Alternatively, if the price of Hedera moves above the $0.403 level, it would indicate that wave-five has extended and the HBAR token is still in its bullish phase.

The altcoin has showcased impressive strength, reaching a daily close despite a significant decline and liquidation event. Despite relief rallies and subsequent reclaim of its horizontal range, the wave counts and technical indicators are bearish.

Shiba Inu (SHIB) Signals Price Bounce Amid UAE Partnership

Shiba Inu (SHIB) has partnered with the UAE to integrate blockchain at the federal level. The collaboration will leverage Shiba Inu's proprietary Web3 technologies, including its operating System (ShibOS), to merge digital development with the UAE's infrastructure projects.

The announcement triggered a slight bounce in SHIB's price after a prolonged downturn that shed more than 30% of its value in the past month.

Market participants have remained mixed on SHIB's near-term price trajectory. Some believe that the meme coin could reach a critical inflexion point. At the same time, others remained cautious, suggesting that the price of Shiba Inu could face further consolidation to trigger a sustained breakout.

Its technical structure indicates that the SHIB coin could face a multi-year corrective pattern, identifying critical Fibonacci extension levels in areas where the SHIB crypto could find support.

The token might enter a five-wave rally, which aligns with Elliott Wave Theory, indicating that impulsive trends mimic their origins. However, it remains in a clear downtrend but is forming a support base at a zone previously a demand area, which could trigger a reversal if the meme coin surpasses the $0.00001765 level.

Charting Guy has also remained bullish, asserting that SHIB is still in a macro wave three cycles. Recent SHIB price action indicates strong buyer interest, setting the stage for a substantial move higher.

Remittix (RTX) Gears Up To Beat SHIB and HBAR’s Records

Since Remittix (RTX) redefined the cross-border payments industry, it has become a game changer in the crypto market. Through deftly combining blockchain technology with local payment systems, Remittix lets users convert cryptocurrencies into fiat currencies and deposit them to any bank account worldwide straight from their wallets.

Interestingly, Remittix is a go-to platform for businesses and people as this unique platform has streamlined crypto-to-fiat transactions. It is strategically positioned to dominate the developing crypto