Dogecoin Price Nears $0.20 as Shiba Inu Eyes Remittix
Dogecoin price has consolidated around $0.215, forming a symmetrical triangle since mid-July, with resistance near $0.315 and support at $0.168. Recent rounded bottom patterns suggest medium-term bullish targets at $0.334, $0.398, and $0.460 if price holds above $0.20. Meanwhile, Shiba Inu trades around $0.0000122, with whale holdings halved to 45 billion SHIB and active addresses rising above 270 million, but slow gains have frustrated investors. In response, traders are exploring projects with real utility like Remittix (RTX). Remittix has raised $23.1 million in token sales, listed on BitMart and soon LBANK, and will launch a Beta Wallet on Sept 15 for crypto-to-fiat transactions. Low gas fees, staking, cross-chain DeFi, and upcoming wallet functionality make Remittix a top alternative. For crypto traders, monitoring Dogecoin price action around $0.20 and Shiba Inu support at $0.000012 is key, while Remittix’s exchange listings and utility-driven growth could offer a bullish catalyst.
Bullish
The overall tone is bullish because Dogecoin price consolidation near $0.20 within a symmetrical triangle, coupled with a potential rounded bottom, indicates a possible breakout. Historically, when DOGE maintains support above key levels, renewed buying emerges, as seen in mid-2025. Shiba Inu’s slowed whale activity reflects cautious sentiment but stable active addresses suggest underlying interest. The emergence of utility-driven projects like Remittix, with significant fundraising, CEX listings, and upcoming wallet functionality, is likely to attract capital shifting from meme coins. In the short term, traders will watch critical DOGE support and SHIB levels for volatility. In the long term, the market’s pivot toward low-fee, crypto-to-fiat solutions and staking could sustain bullish momentum across altcoins.