Dogecoin, Solana, and Remittix: What Analysts Are Watching for Potential September Market Moves
The crypto market setting for Dogecoin, Solana, and Remittix is heating up as investors look for the best option this season. The price action of these coins over the last few months has continued to show investors that a strong rally could be underway.
However, recent analysis shows that the tides favor Remittix more than Solana and Dogecoin. This is as Remittix continues seeing inflow from whales and traders picking a position in its low-cap coin.
Let's take a deeper look into the Remittix setup to see why experts believe it is set to outperform Dogecoin and Solana this period.
Dogecoin Losing Momentum With Investors' Exit
The Dogecoin price change in the last few months has not been encouraging, as indications point to a dip. This follows the news that Dogecoin investors are dropping out as a new meme trend picks up pace. The Dogecoin price action since February has been predominantly bearish as a sell-off hit the meme coin giant.
The current sentiment suggests that the market is hopeful of a potential recovery as the hype surrounding other memes subsides. But experts suggest the Dogecoin price might find it difficult to reclaim January's high, as the price trades below $0.28 resistance.
Solana Price Break Resistance, But Still Remain In Correction
There is a return of a positive hype to the Solana price this week as three strong bull candles form on the SOL chart. This new bullish hype is returning a sentiment that suggests it could make a new high. However, the Solana price, as shown on the monthly chart, remains in a correction.
Whereas investors looking for an entry are cautious lately, as the price could return to a zone around $204. Furthermore, the Solana Price breaking support in the next rally could see it make a return high of $290 by year's end.
Remittix Makes Entry As September Favourite Token
The Remittix price outlook for September has sparked new bullish interest, as it has already surpassed $0.1. The rise in the Remittix market cap to $24.7 million over the last few weeks indicates the coin's growing acceptance, as experts predict a 40x breakout.
Experts have also identified Remittix as the next coin for a significant surge this month, seeing how the token accumulation continues upward.
The analysis of the token has identified the following as points to guide investors toward Remittix:
- A high utility and cross-platform wide use case
- Significant updates, such as the wallet launch, which could fuel instant growth
- Listing interest from notable exchanges
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