
Dogecoin (DOGE) is once again struggling to hold ground after a failed breakout attempt above $0.25. Currently, the DOGE price is hovering near $0.22, thereby continuing a short-term decline triggered by weakening technical indicators and declining on-chain momentum. Meanwhile, some investors have quietly shifted attention toward newer opportunities like Remittix.
Analysts observe that Dogecoin has broken below its key EMAs on the 4-hour chart. The 20 and 50 EMAs that used to support the price at the levels of $0.2351 and $0.2373 respectivel, are starting to form resistance. With the DOGE price slipping further below these markers and RSI falling to 38.03, the bearish setup is intensifying.
Bollinger Bands indicate that there is a potential volatility jump as they are extending at the lower levels. The next support lies between $0.213 and $0.220, a zone reinforced by the 200 EMA. A fall below would be an indication of bigger losses to Dogecoin in case buyers do not intervene.
Meanwhile, on-chain data isn’t offering much relief. Net outflows of $3.47 million on July 29 point to investor caution, reinforcing the likelihood of near-term selling pressure. This pattern of outflows from exchanges has often preceded larger dips in the DOGE price.
While the DOGE price stumbles and technical weakness spreads, Remittix (RTX) is surging with powerful upward momentum. Investors are taking note of this under-$1 Ethereum-based token, which continues to gather strength even as the meme coin hype fades.
Remittix is now viewed as one of the most promising crypto plays of 2025. Here's why:
Approaching $18 million raised, with more than 575 million tokens sold
Current token price: $0.0876, still early for new investors
Beta wallet release set for Q3, enhancing utility and user adoption
50% bonus offer still active for early-stage buyers
Focused on real-world cross-border payments, especially for freelancers and remote workers
The Remittix roadmap points toward its first major listings in Q4, and analysts suggest it could be one of the rare low-priced cryptos capable of reaching $1 within the next cycle.
As technical momentum fades for Dogecoin, the DOGE price remains at risk of deeper pullbacks unless bulls quickly reclaim resistance levels. On-chain data confirms weakening demand, and sentiment continues to soften.
Meanwhile, Remittix (RTX) is building a case for breakout status, already approaching $18 million in early-stage capital and attracting serious investor interest with its practical use case and steady token growth. For those seeking the next big crypto below $1, Remittix might just be the answer.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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