Logo
Cardano Ecosystem

Finbold

yesterday at 8:36 AM

·

4 views


PEPE Loses 20% Overnight As Volatility Of Markets Turn Investors Towards Remittix Instead

Pepe (PEPE) continues its decline, trading around $0.000012 and dipping nearly 10% at the time of writing on Monday after correcting more than 12% the previous week. Moreover, the technical outlook suggests a...

PEPE Loses 20% Overnight As Volatility Of Markets Turn Investors Towards Remittix Instead

Pepe (PEPE) continues its decline, trading around $0.000012 and dipping nearly 10% at the time of writing on Monday after correcting more than 12% the previous week. Moreover, the technical outlook suggests a further correction as momentum indicators show weakness, projecting a 20% crash ahead.

As a result, investors are turning to Remittix in search of profit. The new PayFi project promises huge gains in the 2025 bull run. 

Pepe Bears Target 20% crash ahead

Pepe price dropped almost 30% till Sunday, closing below its 200-day Exponential Moving Average at $0.000014 after rejection around a declining trendline (made by connecting successive highs since early December). 

At the time of writing on Monday, it continues to edge down around $0.000012. Should PEPE keep correcting and daily close below $0.000013, it might almost double the drop from present levels and retest its November 8 low of $0.000010. 

With the relative strength index (RSI) on the daily chart reading 31 and pointing downward, the daily chart shows strong negative momentum not yet in oversold circumstances, hence allowing additional space to stretch the slide. 

Additionally indicating a sell signal, the Moving Average Convergence Divergence (MACD) indicator exhibits a bearish crossing. Rising red histogram bars below the neutral line zero indicate that the Pepe price might keep declining. 

Remittix Set For A Massive Surge In 2025

Remittix (RTX) is redefining global payments by integrating blockchain technology with fiat transactions, offering fast and cost-efficient cross-border solutions. With support for over 40 cryptocurrencies, including Cardano, Shiba Inu, Dogecoin and Ethereum, the platform provides instant conversions into fiat currencies like USD and GBP, enabling seamless deposits into recipients’ bank accounts.

As a bridge between crypto and fiat, Remittix is the superior counterpart to traditional payment providers such as Stripe and Wise and crypto-exclusive platforms like Coinbase Wallet. Supporting 30+ fiat currencies and over 50 crypto pairs, Remittix ensures accessibility and inclusivity for businesses and individuals, simplifying global commerce with its extensive range of options.

Furthermore notable is the platform’s open flat-fee approach, which offers savings and transparency over exorbitant costs and inadequate exchange rates of conventional banks. This approach guarantees that the full amount sent reaches the recipient, making Remittix a game-changer in the payments industry, where shady practices are unfortunately all too common.

Currently priced at $0.0418  during its presale, the RTX token offers a compelling investment opportunity. Forecasts predict significant growth, with a 25x multiplier expected in the presale phase and over 1,500% gains after launch, as demand for innovative cross-border payment solutions continues to rise.

Remittix offers investors a chance to interact with a project with high growth potential at an earlier stage as the bitcoin market develops. RTX might not only equal the success of other top altcoins but also alter the benchmarks for blockchain-based financial solutions with increasing acceptance, a solid basis and evident market demand.

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

Website:https://remittix.io/

Socials: https://linktr.ee/remittix

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Finbold

ORIGINAL SOURCE

https://finbold.com/pepe-loses-20-overni...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Finbold

See more
Lightchain AI Is Becoming a Strong Contender Alongside Solana and Cardano
Finbold
Lightchain AI Is Becoming a Strong Contender Alongside Solana and Cardano

today at 8:30 AM

·

2 views

Related News

See more

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)