Shiba Inu Coin Holders Bet Big On Trending Remittix After 30x Gains Expected

Market setting is showing an exit from the Shiba Inu coin lately as the price heads downward. However, the wallet tracking shows that these investors are betting big on the Remittix token, as many eyes are on this new coin’s explosive growth following its listing this year. But with the year entering its last four months, the sentiment is favoring a breakout soon for the Remittix token.

Here is a breakdown of how the Shiba Inu coin is expected to perform during this period and why it is becoming increasingly essential to join investors who are exiting now.

Shiba Inu Coin Losses Momentum As It Fails To Break Resistance

The Shiba Inu coin sentiment has changed almost completely lately as it fails to break the $0.000014 resistance for the seventh month. This weak momentum is creating an outlook that suggests it could fall even lower by the end of September. The earlier rally in July saw the coin make a false breakout but quickly reverse, ending the coin below the 30-day EMA. However, the coin has continued to trade below this zone, with the RSI indicating weak momentum. 

The price outlook of the Shiba Inu coin has also changed dramatically lately, showing the price tumbling with the new week. Whereas, while the new week shows a positive growth since last week, the price momentum remains weak. This is with coins recording shorter candles across timeframes while also remaining below the $0.000014 resistance.

Price Analysis For Shiba Inu Coin For the Last Quarter

While the Shiba Inu coin has traded mostly bearish in the last 6 months, experts remain hopeful of a potential breakout. This hope comes with an expectation of a significant addition to the Shiba Inu coin’s utility. But with current market sentiment remaining low, analysts predict the Shiba Inu coin could drop lower, potentially reaching $0.00001010.

Also, if the Shiba Inu coin fails to claim a position above $0.00001332 by the end of the week, it could further add to the dip. Analyst projects it could reach $0.00001164 by next week in a price reversal.

Inflow Surge Into Remittix As Shiba Inu Coin Goes Flat

There is a surge in buying of the Remittix token in the last couple of days as the project claims a price milestone of $0.1. However, the latest price outlook now suggests a rise beyond 30x before the end of the year. Also, with the growing talks of an exchange listing sometime this year, the capital inflow has risen to a new high, hitting $25 million in market cap.

The Remittix token launching this year is built on a set of factors ready to see it achieve a 30x surge. This includes:

• The wallet is ready for launch on September 15 this year
• API setup to help businesses receive crypto payments in fiat
• Fast-growing community backing for the project’s utility 

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

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix 

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway 

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