January 6, 2025
Cryptocurrency News

Dogecoin Price Prediction: Analyst Calls For DOGE To $20, But Here’s Why $4.20 Could Be Bull Market Top

According to prominent crypto analyst Javon Marks, Dogecoin could surge above the $20 level in the current bull cycle. The analyst stressed this in his recent post, arguing that the doggy-themed meme coin bull market performance has been progressively impressive, with the recent cycle heading in the same direction.

This move comes as Dogecoin has already recorded a weekly surge of over 7%, with the $4.20 target being the top near-term rally target. Similarly, Remittix (RTX) has seen significant momentum in its presale as RTX funding hits over $1.2M while eyeing the $3M mark by the end of January. Its presale price has also surged to $0.0172 and is targeting the $0.0177 mark in the coming days.

Why Dogecoin Rally Could Hit $4.20 While Aiming For $20 in 2025 

In his analysis, Marks shared a chart highlighting that Dogecoin’s price movement saw a 90x surge in the 2017 bull run, followed by a 306x rally in 2021. The analyst anticipates the pattern will continue with a surge that started in late 2024, targeting above the $20 region.

The latest projection represents a staggering tenfold rally from its earlier target of around $2.28 for the asset. Based on Dogecoin’s price performance in previous bull cycles per the FIB expansion tool, Dogecoin has already surged from its bottom to above the 1.618 FIB level in the previous cycle.

While the analyst price prediction for Dogecoin is still uncertain, the meme coin is already setting a clear path toward the $4.20 target. Hovering above the $0.30 region, technical indicators already point to a bullish outlook. The RSI at 49 suggests building buying pressure that might help propel DOGE’s price even further.

Empowering the Underbanked Through Decentralized Innovations

Remittix (RTX) is designed to tackle and address financial inclusion by offering unique solutions for the underbanked. Unlike traditional approaches that rely mainly on central authorities, Remittix operates on a decentralized protocol, making it resistant to local restrictions and global disruptions.

Anyone with internet access can use Remittix, creating opportunities for all users in regions with limited banking infrastructure. This accessibility will allow people excluded from conventional financial systems to receive and send money. Remittix will also eliminate economic barriers by facilitating cross-border payments, enabling individuals to flourish globally.

Remittix’s public ledger will also help trace all transactions and build user trust. This robust infrastructure makes Remittix a powerful tool for creating financial opportunities in underserved communities. The project has also undergone a rigorous audit by SolidProof, guaranteeing its reliability and security.

Its ability to integrate blockchain technology with fiat systems makes the project stand out within the DeFi space. Unlike rivals like Stripe and Coinbase, Remittix features unprecedented speeds and a user-friendly system, giving it an upper hand for widespread adoption. These features are popular with investors at the current RTX price of $0.0172, and buyers looking for the highest gain potential should consider buying now before the price increases to $0.0177 in the coming week.

Can Remittix Match Dogecoin Price Movement?

With a game-changing offering, Remittix is entering the cross-border payments industry, which will grow significantly. The project’s unique protocol will enable users to convert over forty cryptos into fiat and immediately transfer the funds to any global bank account. This impressive feature could see the RTX token gain significant momentum in its price movement while looking to mirror Dogecoin’s price performance.

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