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Crypto Daily 2025-01-17 15:38:24

Pengu And Shiba Inu Predicted For Declines Of Up To 50% In 2025 As Remittix Price Expected To Rise Over 700% Before January Ends

The crypto market is full of surprises in 2025, as memecoins like Pengu and Shiba Inu face potential 50% declines and a new contender is capturing attention. Remittix (RTX) , with its innovative blockchain technology, promises to redefine global payments. Could this be the best investment of the year? With experts predicting a 700% surge in just two months, RTX might just be the next big thing in crypto. Can Pudgy Penguins (PENGU) Recover, or Will It Stay Stuck? Staying between $0.0576 and $0.1113, Pudgy Penguins (PENGU) is finding difficulties recovering from recent declines. At $0.1467, the coin encounters a strong resistance level that makes breaking through unlikely unless momentum significantly changes. Although the RSI (Relative Strength Index) is low at about 24, meaning the coin is oversold, this does not always signal a price rebound is about to occur. It may also be a reflection of buyer low interest. Aiming for the next target of $0.042 seems extremely ambitious considering the present market conditions even if PENGU manages to break over $0.1467. The consistently declining trend of the Simple Moving Averages (SMA) points to poor coin confidence. PENGU can keep lagging behind other altcoins throughout the present market cycle without fresh investor interest or encouraging news. Shiba Inu (SHIB) Price Nears Key Support, Risks 25% Drop At a crucial level that could indicate either a recovery or additional losses, Shiba Inu (SHIB) is near the 200-day Exponential Moving Average (EMA). At $0.000021 right now, SHIB runs the danger of falling below this support, which might cause a 25% decrease and lower the price to $0.000016. Given that it shows the long-term trend, the 200 EMA is absolutely vital. Should SHIB's price drop below there, a negative trend may develop. For instance, SHIB's price declined noticeably in the weeks following its July 2024 plunge below this level. One may imagine a repetition of this situation. On-chain data accentuates the negative perspective. Many SHIB tokens, claims IntoTheBlock, are kept at a loss between $0.000021 and $0.000024. This generates selling pressure since holders might sell to reduce losses. This pushback might make SHIB's rebounding more difficult. Besides, the market momentum-measuring Awesome Oscillator (AO) stays negative. This points to weak purchasing interest, which can aggravate the fall. On the other hand, should purchasing volume rise and SHIB surpass past resistance, it could revert to $0.000033. The token has a difficult journey ahead till then. Remittix (RTX) Is The Future of Global Payments and Crypto Integration Remittix is revolutionizing global payments by effortlessly combining blockchain technology with user-friendly solutions, therefore redefining standards in the financial sector. Supporting almost 100 cryptocurrencies, the platform charges a flat 1% transaction cost, removes foreign exchange expenses, and provides lightning-fast payouts. Remittix improves cross-border transaction efficiency whether for personal or business use. Remittix streamlines crypto-to--fiat transactions, meant to appeal to a broad spectrum of consumers from startups to multinational companies. It moves bitcoin automatically into money and straight into bank accounts. Its creative Remittix Pay API also helps companies to easily accept crypto payments, therefore removing technical obstacles and opening new prospects in the fast expanding crypto industry. Remittix stands out among rivals including Stripe, Wise, and Coinbase in the $250 trillion cross-border payment sector with unequaled speed, scalability, and cost-efficiencies. With its innovative ideas, the platform will probably upend the market. Investors saw great potential in the Remittix RTX utility token. Pricing just $0.0207 during its presale , RTX provides early access to a project set for explosive expansion. Remittix guarantees a clear and safe environment since BlockSAFU independently audits its smart contracts. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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