menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Doge Analy...
source image

Zycrypto

2M

read

317

img
dot

Image Credit: Zycrypto

Doge Analysis After Whales Offload $40M; Analysts Expect Further DOGE, RTX Upside

  • Whales recently sold off $40 million worth of Dogecoin tokens, putting pressure on the price, but analysts see it as portfolio rebalancing before a potential rally.
  • Despite the whale sell-off, Dogecoin's price hovers below a resistance level of $0.253, with analysts predicting a brief dip before a strong rally towards $0.65 and even $1.25.
  • Dogecoin's ties to Elon Musk and speculation about its role in the 'X Money' payment platform, along with positive market factors, support an upward move in its price.
  • While Dogecoin's outlook remains promising, Remittix, a new crypto project offering a PayFi platform for fiat-crypto transfers, is gaining attention and could provide better returns with its innovative solutions.

Read Full Article

like

19 Likes

For uninterrupted reading, download the app