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You are here: Home / News / Dogecoin Price Breaks Crucial $0.20 Resistance, Are DOGE and RTX Set For 4x Surges?
Dogecoin

Dogecoin Price Breaks Crucial $0.20 Resistance, Are DOGE and RTX Set For 4x Surges?

May 11, 2025 by Vaigha Varghese

Dogecoin (DOGE) just broke above $0.20, and it looks ready to run. The move comes as major cryptos like Bitcoin and Ethereum are slowly climbing, giving the whole market a bullish push. DOGE is up 12% today, kicking off what analysts say could be another strong rally. 

A 29-day cycle, combined with an RSI breakout, is signaling more gains ahead. Volume and momentum are rising fast. Meanwhile, Remittix (RTX) is catching fire in presale, drawing attention with its real-world payment utility and big plans for global adoption.

Dogecoin price breaks $0.20: Is this the start of a major rally?

Dogecoin has officially flipped the $0.20 resistance, and momentum is building fast. Analyst Gemxbt noted the breakout past $0.19 came with strong volume and bullish energy. The RSI is in overbought territory, and the MACD supports continued upward strength. 

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DOGE is now holding key support at $0.22, with a breakout from a falling wedge pattern that’s been forming since February, a setup known for signaling strong rallies.

On a broader view, Trader Tardigrade pointed out a similar wedge from 2024 that preceded a 300% surge. The RSI cycle also aligns perfectly with past moves, suggesting Dogecoin price could be in for a serious run.

According to CoinGlass, open interest is up 18%, hitting $2.17 billion. Over $11 million in short positions were liquidated, likely triggering a short squeeze. Trading volume also exploded by 74%, now at $4.5 billion.

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Chart analyst Javon Marks sees a breakout with a $0.30 target, estimating 250% gains from current levels. Meanwhile, institutional eyes are turning back to DOGE. 21Shares recently filed for a Dogecoin ETF with Nasdaq, fueling more investor hype. 

On the charts, an inverse head and shoulders pattern hints at a move toward $0.24 next.

Remittix (RTX) presale heats up: The future of crypto-to-fiat payments?

Remittix is catching major attention in the crypto space, with many analysts calling it a sleeper giant ready to disrupt traditional finance. Its mission? Fix the way businesses handle digital payments. The platform offers irreversible transactions, protecting merchants from chargeback fraud and shielding users from scams and third-party interference.

At its core is the Remittix Pay API, a powerful tool that lets businesses accept crypto and settle in fiat instantly. With over 50 cryptocurrencies and 30 fiat currencies supported, companies get serious flexibility. Everything runs online, with no need for intermediaries, just faster payments and lower conversion costs.

What really sets Remittix apart is its global reach. Users can convert over 100 cryptocurrencies to fiat in seconds and send funds directly to any bank worldwide. Recipients get their money in local currency without ever dealing with crypto. Plus, no foreign exchange fees.

All of this is powered by the platform’s native RTX token, which ensures full decentralization. With its presale gaining momentum, Remittix is positioning itself to rival giants like Stripe, Wise, and Coinbase. It’s not just another crypto project; it’s a real contender in the future of PayFi.

Conclusion

Dogecoin smashing past the $0.20 level is a big deal, and the charts are lining up for a possible rally to $0.30 or even $0.50 in the short term. With strong trading volume and bullish patterns forming, DOGE might finally be back in the spotlight.

But while DOGE climbs, Remittix is building something game-changing. Its presale is heating up fast, and early investors are jumping in before RTX prices surge. Don’t miss this wave.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Filed Under: News, Press Release

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