The post Dogecoin Holders Are Buying Into This Crypto Priced At $0.0199 After Analysts’ $20 Predictions appeared on BitcoinEthereumNews.com.

Dogecoin (DOGE) investors are currently on the lookout for the next big thing in the market. One project that has caught their attention is Remittix (RTX). RTX is a new altcoin that is currently trading at $0.0199. The presale success and utility of the DeFi coin could push its price to $20 soon. Meanwhile, the value of DOGE has been dropping in the past week, nevertheless Trader Tardigrade notes the memecoin could start a parabolic run soon. Dogecoin (DOGE) Price Declines Data from CoinMarketCap shows the price of the Dogecoin crypto has been on a downtrend since the first week of January. Information from the Dogecoin price chart shows its value has dropped by 17.4% on the weekly timeframe.  Despite trading as high as $0.400 early in the month, the price of $DOGE has tumbled to the $0.3100 support level. Even mentions from Elon Musk could not force a recovery.  Looking ahead, the sentiment around the memecoin is still bullish. However, some of its technical indicators like the Fear and Greed Index are bullish. The indicator shows Greed which means that investors’ interest has not died down completely. Meanwhile, Mister Crypto notes that Dogecoin (DOGE) is in its final consolidation phase. The next move from here could be a blast off to $1.5  in the coming months, the analyst added. Mister Crypto compared the current price chart with that of 2021 noting some similarities. Another expert called Trader Tardigrade noted that the Dogecoin price is moving steadily within some fractals. They encouraged investors to remain steadfast saying they are not bullish enough. Traders Tardigrade forecasts the value of the memecoin might surge to $1.6 in the coming weeks. Remittix (RTX) Gets Pre-Listed on CoinMarketCap  The ongoing blockchain ICO of Remittix (RTX) continues to make headlines in the crypto market. The…

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Filed under: News - @ January 14, 2025 6:18 am