Long-term technical study of the Dogecoin price by a crypto expert reveals a recurrent historical trend since 2021. The expert says a surge over $10 might start if Doge’s price movement fully reflects this trend. Professionals in the industry are very sure that 2025 would be fascinating for cryptocurrencies without a doubt.
As Remittix is ready for additional price increase in the ongoing crypto presale, analysts also see a significant boom for Dogecoin. Read on to learn more.
Dogecoin Price Follows Repeating Market Cycles
Twitter’s crypto technical analyst Dima Potts posted extensively on Dogecoin’s present and historical price activity, suggesting a possible major rally. Potts pointed out a Dogecoin chart displaying the price fluctuations of the meme currency within an upward channel on the weekly period.
The figure shows a recurrent trend wherein Dogecoin reflects the same cycle pattern every few years. Every cycle starts with a rounded accumulation period underlined by the red and green curves in the chart then follows a notable breakout that causes a notable price increase.
The meme currency dropped back and entered another accumulation period after every parabolic price increase before trying another breakout. DOGE has been trading inside a long-term ascending channel seen in the price chart, white lines. Dogecoin has historically rebounded off the lower white trendline many times, causing a significant price spike wherein the meme currency reached the top white trendline.
Fascinatingly, during a bull cycle the bitcoin has reached this lower white trendline every fourth year. Potts notes in his study that major positive price reversals usually happen every four years, including in the 2017 and 2021 cycles. Based on this pattern, the present market structure of Dogecoin suggests great likelihood of a higher movement.
According to his chart, Dogecoin has surged to its greatest price point at the moment by hitting the top barrier of the ascending channel in every cycle. Should this trend resurface, Dogecoin might continue the long-term rising channel’s direction and maybe soar to an all-time high over $10.
Analysts Predict A Major Surge For Remittix This Year
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Remittix’s goal is to overcome long-standing issues in international finance by means of its creative solution for conventional remittance systems. Imagine being able to easily turn crypto into spendable money without KYC complications and costs free of sting.
The PayFi ecosystem within Remittix offers consumers a simple way to instantaneously convert cryptocurrencies into fiat money, therefore allowing swift borderless money transfers at minimal cost. Smart investors and traders find resonance in this Remittix; early users have reported a three- hundred percent increase in portfolio value.
Unlike many initiatives motivated only by hype, Remittix offers real value by allowing seamless, almost instantaneous crypto-to-fiat exchanges. Remittix not only streamlines world payments but also closes the distance between the digital asset ecosystem and conventional financial institutions by supporting over 40 crypto pairings and more than 30 fiat currencies.
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Remittix is opening the path for a new age of blockchain usefulness with a committed strategy, strong security and compliance policies, and an eye on financial inclusivity.
The RTX currency has a good investing potential at $0.0734 pre-sale. Forecasts suggest considerable rise; demand for unique cross-border payment solutions is generating a 25x multiplier in the presale period and over 1,500% growth post launch.
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