Shiba Inu (SHIB) has lost some of its charm among large Ethereum investors, who are now turning their attention to Remittix, a promising new crypto project. Remittix has drawn in whales spending millions of dollars with its emphasis on transforming cross-border payments. For those looking for greater possibilities in the crypto market, it’s starting to be the preferred alternative with minimal fees, openness, and strong development potential.
Shiba Inu (SHIB) at a Crossroads Of Either Rising or Falling
Shiba Inu (SHIB) tests a crucial support level and is therefore at a critical phase right now. Although SHIB’s price has just increased by 3.92%, to $0.00002226, experts think it would suffer a possible 25% decrease should it break below the 200-day Exponential Moving Average (EMA). This EMA is a useful gauge of long-term trends; falling below it usually portends problems for cryptocurrencies.
Right now, SHIB is fighting heavy opposition ranging from $0.000021 to $0.000024. The token dropped from its December 2024 high of $0.000033 down into the $0.000021 area. This decline points to declining momentum of SHIB and rising selling pressure. Should it fail to remain above its 200-day EMA, SHIB may see further falls.
Similar circumstances occurred back in July 2024 when SHIB fell below the 200-day EMA, causing a sharp decline in $0.000019 from $0.000012 by September. Should history repeat itself, SHIB might experience even another significant decline. Still, some investors see this as an opportunity to purchase SHIB at a reduced price, particularly should the market show improvement generally.
SHIB’s destiny hangs precariously for now, and traders are attentively watching its next action.
Ethereum (ETH) Dips Below $3,300, What’s Next?
Currently trading at $3,264.69 USDT, Ethereum ( ETH) has suffered a little decline below the $3,300 barrier. Based on Binance Market Data as of January 18, 2025, this shows a 2.23% drop over the previous 24 Hours.
The latest decline in ETH coincides with more general market swings wherein other cryptocurrencies have seen slight corrections. Although a 2.23% decline is not significant, traders and investors intently observing ETH’s future action have taken note when it falls below the $3,300 threshold.
Many are now examining Ethereum’s support levels, which will decide whether ETH stabilises or undergoes another fall-off. ETH is among the most often used cryptocurrencies despite the decline, driving uses such non-fungible tokens (NFTs) and distributed finance (DeFi).
Though short-term market headwinds continue, ETH coincides remain hopeful about its long-term prospects. The path Ethereum is on keeps one to watch.
Altcoin Holders Turn to Remittix for Better Returns Amid Price Stagnation
In search of better opportunities, many Altcoin holders are flocking to Remittix, an emerging presale token with significant growth potential.
Remittix has gained attention for its innovative approach to cross-border transactions through its PayFi protocol, simplifying global payments by eliminating traditional hurdles. This low market cap crypto allows users to convert over 40 cryptocurrencies to fiat and transfer them to global bank accounts seamlessly. Its flat-rate fees, transparency, and competitive edge over traditional systems like Stripe and Wise have made it a favorite among investors looking for the best coins to buy now.
Businesses, freelancers, and retailers benefit from the Remittix Pay API, enabling easy cryptocurrency payments settled in fiat. At its core lies the $RTX token, designed for growth with a capped supply of 1.5 billion tokens. Analysts predict rising demand will propel RTX’s value, making it the best coin to invest today.
With its presale price at just $0.0217, Remittix offers a rare chance for high returns. Don’t miss this opportunity to secure one of the best coins to buy now before prices skyrocket!
Discover the future of PayFi with Remittix by checking out their presale here:
Website:https://remittix.io/
Socials: https://linktr.ee/remittix
