Dogecoin is on the rise again with a notable 49% uptick

Remittix's RTX presale has raised almost $15 million in short order. Remittix is reinventing cross-border payments and bringing real-world utility to the crypto space.

Dogecoin has seen a notable 49% uptick in recent times, which has seen the pioneer meme coin surpass the $0.20 resistance zone. For most onlookers, DOGE’s rising popularity is synonymous with altcoin season, and some analysts are predicting the start of a bull run in the coming months.

Dogecoin’s technical indicators all point to an imminent bullish resurgence. DOGE’s 29-day RSI is well above 50, which is a clear indicator of a strong uptrend forming. With DOGE changing hands above $0.20, a strong support at $0.18 is established, and onlookers anticipate a continuation to higher support zones.

Apart from DOGE, analysts are also watching Remittix's RTX, whose presale has raised almost $15 million in short order. Remittix is reinventing cross-border payments and bringing real-world utility to the crypto space. Read on to find out why this could be the one to watch.

Dogecoin's bullish resurgence begins as analysts anticipate altcoin season

DOGE has broken through a critical resistance zone, demonstrating a momentum change after months of flailing between $0.16 and $0.149. While DOGE has sustained an uptick of 67% on its year-to-date chart, the last few months have seen DOGE's price languish amid increasing resistance that saw the dog-themed meme coin fall from highs above $0.46.

DOGE is still down 67% from its peak price of $0.73 four years ago; however, with the recent uptick, analysts forecast a meteoric bullish resurgence that could see Dogecoin recover and possibly surpass its ATH.

DOGE has flipped the previous $0.18 resistance zone into support and is well on its way to breaking the $0.25 resistance area. Dogecoin's weekly chart has also been forming higher lows and higher highs while breaking out of a prolonged 600-day consolidation period.

On-chain data also supports the bullish sentiment rising around Dogecoin. DOGE holders with a portfolio above 100,000 DOGE have been adding to their moonbags as the exchange supply decreased over the same period.

Other bullish developments include the advent of the DogeOS, which is an app layer for the Dogecoin community that just closed a $6.9 million funding round thanks to Polychain Capital. The infusion of capital towards advancing DOGE not only expands its ecosystem but also strengthens the community's belief in DOGE's future.

Remittix's RTX presale raises nearly $15 million as FOMO increases

While DOGE rises, Remittix is spearheading the reinvention of cross-border payments through its PayFi platform. Remittix's RTX serves as the platform's utility token, and its presale has just raised over $14.94 million with over 83% of RTX's total supply of 1.5 billion tokens sold to early investors.

The future of cross-border payments is here, and Remittix is leading the charge with a simple and intuitive platform ready for mass adoption. With Remittix, users can send funds directly from their crypto wallet to a recipient's fiat-backed bank account. Remittix boasts a payment network that supports over 30 fiat currencies across various jurisdictions worldwide. Plus, crypto-holders can send funds across 40+ cryptocurrencies, adding a layer of flexibility and convenience that is lacking in conventional methods. There is more; every transaction on Remittix comes at a flat fee, and there are zero hidden costs or extra charges.

Businesses can also become crypto-enabled through Remittix's PAY API, which allows these businesses to accept crypto payments from their customers. It represents a crucial step in the future of finance.

With a presale that is quickly gaining traction among crypto investors and a token primed for a bull run on launch, now is the best time to join the future of PayFi with Remittix.