Dogecoin price soars in the ongoing market bull, as talks of its ETF approval near the final round. Similarly, the Remittix presale is another story gaining traction like wildfire, as the trending presale nears its end. The Remittix token is moving towards an official listing this year on a centralized exchange, which is creating a huge buzz.
Here are all the details to keep in mind for investment direction as Dogecoin price gets a nudge to go higher with the ETF and Remittix set for a massive breakout.
Dogecoin Price Projection For Post-ETF Approval
While many other altcoins went mute in the last few hours, the Dogecoin price has added a new layer to its growth. The DOGE price has added 2.8% growth in the last 24 hours, following new ETF sentiment. Latest development saw Grayscale file a spot Dogecoin ETF, a move that analysts now project to push Dogecoin price to a new high.
However, while the Dogecoin price has been heading downwards over the last few months, the ETF hype could be renewing bullish sentiment. According to trending projections, the Dogecoin price could be heading towards a $1 zone this year. This projection forecasts a 3.5x growth for the Dogecoin price, riding on the ETF approval.
Critical Resistance Level To Break For New Dogecoin Price ATH
The anticipation is now growing around Dogecoin as a grayscale return with an S-1 ETF filing. However, while this hype is projected to help the Dogecoin price towards a new high, the resistance level still remains a significant factor to watch. This is as the Dogecoin price continues trading 71% below its previous all-time high with 3 visible resistance levels on the monthly chart.
For a significant rally to be activated, the Dogecoin price needs to break these three key resistances to boost the upward move. The levels to watch are:
- Current resistance level at $0.226
- Next at $0.280
- Then the last at $0.483
Clearing the final resistance at $0.483 could help it start a new round of bull run to break the $0.737 all-time high.
Why Remittix Centralized Exchange Listing Is Fueling Buying Pressure
There is renewed pressure from traders buying Remittix in the last few days since the team’s announcement. The Remittix team announced a few days ago that it would be unveiling the first CEX to list Remittix in the coming weeks. More importantly, this announcement comes at a time when the Remittix token presale nears its final round.
The Remittix presale has raised $19.8 million already, nearing a breakout on $20 million soft cap. This milestone progress is fueling new buying pressure as investors take advantage of the presale price at $0.09. Analysts project Remittix could see a 30x surge for the following reasons:
- Remittix wallet reveal and launch this year
- Instant crypto to fiat transfer to bank accounts
- And a rise in adoption fueled by rising crypto market growth, this bull run
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