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After a breakout past $0.20, Dogecoin’s price enjoyed a solid price run between $0.2000 and $0.2400 in recent weeks. And last May 23rd, DOGE briefly hovered around $0.2500 before losing some ground due to market fluctuations and uncertainties. Currently, DOGE is trading below $0.1800, with its 24-hour trading volume averaging between $900 million and $1.5 billion, putting the $1 Dogecoin price prediction to rest, for now.
As DOGE struggles to hold the $0.2000 level, some crypto traders and investors are looking for alternatives that can beat the current market and offer potentially better ROI.
After dipping below its recent support at $0.2000, analysts are now watching the $0.1901–$0.1839 range. This price zone is linked to the 50-percent Fibonacci retracement of Dogecoin’s May 11 price surge ($0.2597), and framed overhead by the 0.618–0.65 retracement zone, at $0.1976 and $0.2005.
Another analyst, Cantonese Cat (@cantonmeow), points to the same price zone as the next crucial point for DOGE. In a post on Twitter/X, the crypto analyst shared that holding this neckline will keep the price reversal intact—dipping below this point will invalidate the pattern, and push Dogecoin’s price into bearish territory.
Dogecoin’s performance on a month-over-month basis shows price fluctuations influenced by changing investors’ sentiments and broader market trends. Although DOGE’s price is bearish in the short term, there are a few strong catalysts that can push it past $1.
There have been reports that large holders, or “whales”, have shown interest in the top meme coin, buying over 200 million DOGE tokens within a 48-hour timeframe, suggesting bullish sentiment.
Analysts’ push for $1 as the Dogecoin price prediction could also happen if its use case expands, although it will be crucial for it to continue thriving within the meme/hype community. With DOGE’s current setup, the next key levels to monitor are $0.2100 (as support) and $0.2600 (as resistance).
A crypto’s worth and staying power come down to whether it offers something useful, not just hype or plain marketing. Remittix, a PayFi-themed crypto in presale, opts for the former, offering seamless crypto-to-fiat settlements.
It’s a new way to approve cross-border payments with crypto that leverages both the blockchain and legacy payment systems. Unlike traditional fintech apps that charge 5-10% fees, Remittix gets the job done with no FX fees, no hidden charges—just a fast and efficient way to pay with crypto.
Remittix’s platform operates using its ERC-20-based token, RTX, which even grants its holders the authority to direct the project’s direction. With its smart contract built on the Ethereum chain, individual users and enterprises can count on safe and transparent public transactions every time. Blocksafu has recently audited Remittix’s smart contract as ‘Very Safe’, meaning Remittix’s Pay API is safe to use, even for business purposes.
All eyes are on the make-or-break $0.1901 to $0.1839 range for the Dogecoin’s price. If it breaks, it targets $0.2100 next, giving holders at least a 10% gain. While it’s a decent return, Remittix’s revolutionary PayFi map, including programmed price hikes before its launch, offers a better opportunity.
Currently on presale at $0.0781, with over $15.4 million raised, the RTX token is again nearing the end of another stage before its programmed price hike. Get in with the Remittix’s presale at a lower price today, and enjoy a bigger ROI potential on its official listing date.
Get more information about the Remittix Pay API and its presale information here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
