As the new year is currently underway, Dogecoin’s price analysis is looking like a breakout is imminent, Stellar faces pressure, and Remittix continues to disrupt the cross-border payment system with unprecedented innovations. These coins are setting the pace for a probable transformative first quarter in 2025.
Could Dogecoin (DOGE) Breakout In the 1st Quarter?
Dogecoin could soon break out from the current bear flag pattern. Its price action in the past day has it consolidating around $0.33. Notably, this $0.33 mark has become a psychological trendline that a move from here could make or break its trajectory.
Meanwhile, Dogecoin’s technical price analysis suggests it has reached the bottom. Trader Tardigrade noted on X that Dogecoin has maintained its position above a vital support trendline. This support trendline, as shown by the price chart, is located around $0.315, and has been an important area for Dogecoin since the mid December 2024.
This support level arose after Dogecoin briefly broke below the $0.27 mark on December 20 before rebounding upwards. As pointed out by Trader Tardigade, the ensuing structure from this break formed what was a selling climax.
Meanwhile, on-chain data from Santiment shows that Dogecoin whale addresses have bought over 470 million DOGE tokens in the last 48 hours. As such, the total holdings of these whale addresses holding between 10 million and 100 million DOGE tokens now stand at 22.56 billion tokens, which is the highest in over 30 days.
Thus, while Dogecoin sees a bear flag pattern that highlights a likely dip to $0.27, the majority of the traders are showing optimism. This could pave the way for a position where sentiment fuels price action, likely overturning the bearish momentum. Analysts predict DOGE could reach $0.99 in the first quarter of 2025 following the technical indicators.
Stellar (XLM): A Critical Moment for the Altcoin
With U.S. Federal Reserve Chairman Jerome Powell maintaining his stance on interest rate cuts and the entire financial market reacting to it, Stellar has been battling mounting pressure. However, Stellar’ price has been resistant to the bearish sentiment, surging by 1.8% in the past day, cumulatively 23% rise in the past fortnight.
Although still far from its November high, with its market cap declining from $17 billion to $13 billion, the paltry 2.5% drop in the past week still provides hope of possible rebound. Analysts see this drop in price as a potential entry point to accumulate more Stellar.
Particularly, Natalie Dormer predicted that this coin could surge to $0.49 if it maintains the current resistance level of $0.43. However, a drop in price to $0.39 could see it decline to $0.30 or even below, according to Andrew Griffiths.
Looking at the SMA data, technical indicators are pointing to a buy signal as XLM is currently trading above its 30-day simple moving average (SMA) of $0.39. For market sentiment, which is currently neutral, a bounce in price above $0.43 could push Stellar to $0.60 in Q1 2025.
Remittix Set For 3000% Rise in 2025
Meanwhile, Remittix (RTX) is setting a new standard in cross-border payments with its innovative blockchain-based payment system. Its Innovative PayFi solution helps users convert over 40 cryptocurrencies to fiat without hidden fees or charges.
The platform creates a smooth connection between cryptocurrency and fiat currencies, enabling global transactions with minimal cost. Unlike traditional platforms that often involve delays and high fees, Remittix simplifies crypto-to-fiat transfers, making them faster, more affordable, and highly efficient.
Remittix stands out because it targets the remittance market’s long-standing privacy and security challenges. The platform is based on Ethereum’s smart contract infrastructure and offers high security and privacy while meeting international regulatory standards. This makes it an ideal tool for transforming cross-border payments.
RTX has raised over $2.7 million in an ICO and is currently trading at $0.0199, some industry experts project a $1 price by 2025. Remittix targets a $150 trillion global remittance market and is likely to be the next big thing in the crypto market. In the first quarter of 2025, analysts predict the coin could surge by 3000%, which will see its price reach $0.6196, making it the best investment for market traders.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
