Home News Stand Shiba Inu (SHIB) Set To Break Key Resistance Level – 300% SHIB...

Shiba Inu (SHIB) Set To Break Key Resistance Level – 300% SHIB Price Rally Incoming?

Shiba Inu (SHIB) is garnering attention as the meme coin nears a critical resistance level, sparking speculation of a 300% price hike. Following steady growth and rising trading volumes, analysts suggest SHIB could be primed for a massive breakout, as its user cases continue to expand following strategic ecosystem development. 

Remittix Let’s User Swap Over 40 Cryptocurrencies Into Fiat

Innovations in cross-border payments transforming global remittance by streamlining transactions for everyday users. Cryptocurrencies have opened up completely new solutions like Remittix (RTX), a decentralized PayFi platform that connects crypto payments with worldwide fiat settlements.

Remittix uses blockchain technology to make fiat transactions faster, more secure, and cost-efficient. The platform allows users to instantly swap up to 40 cryptocurrencies into fiat and send funds directly to banks worldwide. Outperforming platforms like Coinbase, Wise, and Stripe, Remittix offers unparalleled advantages to retail users and corporate businesses.

Business owners can create accounts and use the Pay API feature to accept crypto payments and convert them into fiat or vice versa. All transactions are immutable, eliminating chargebacks. This unique integration of DeFi and TradFi has drawn significant attention, with the project raising over $1.6 million during its presale campaign. The native RTX token is currently priced at $0.0185 making now an excellent time to acquire before the price increases again.

Shiba Inu (SHIB) Set To Break Key Resistance Level

The SHIB price began increasing on January 1, rising from $0.000020 to $0.000023. If Shiba Inu closes today’s trading session in the green, that could be three straight days of gains to begin the year. 

The SHIB price is up 4.44% at $0.00002363, up 10% during the last week, and its trading volume has exceeded $500 million. 102 trillion SHIB is now being held by over 80,900 addresses, and as per IntoTheBlock Data, these tokens were purchased between $0.000022 and $0.000024 on an average of $0.000023. 

Chart analysis suggests further upside potential for SHIB’s price in the coming days and months. In the past two weeks, SHIB has found solid support from its uptrend that began at the summer 2024 lows. Shiba Inu bounced strongly from its 200-day moving average (200DMA) last month and tested resistance at $0.000024 on Friday.

The upcoming pro-crypto Trump administration is expected to impact the market significantly. The new leadership, expected to take office in just over two weeks, could usher in a new era for the US crypto industry and Shiba Inu. Investors are optimistic that Trump or Congress may establish a strategic Bitcoin reserve, which could trigger global accumulation and inject substantial liquidity into the crypto markets.

Remittix Could Deliver Over 10,000 ROI in 2025

Remittix stands out as a top destination for strategic investments in 2025. Early investors are poised to benefit from its potential to deliver a 10,000% ROI in the new year. For those seeking a high-growth opportunity, Remittix offers a promising investment option.

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

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

Disclaimer:
This page contains sponsored content provided by an external source. The content is for informational purposes only and should not be considered financial or investment advice. The views expressed are those of the sponsor or author and do not necessarily reflect the opinions of NewsWatchTV. Readers are strongly encouraged to conduct independent research and consult with a financial expert before making any investment decisions. NewsWatchTV is not responsible for the accuracy of the information provided or any losses or damages arising from reliance on this sponsored content.

Exit mobile version