Despite the SEC’s delay in spot Dogecoin ETF decisions, bullish Dogecoin price predictions have only increased with established institutions such as 21shares endorsing DOGE as a serious investment.

Dogecoin ETFs were delayed alongside XRP’s ETF filing, with the SEC saying it would wait until June 15th and June 17th to decide on both ETF filings. Even so, DOGE continues to sustain bullish sentiment as whales scoop 100 million DOGE in anticipation of a bullish breakout.

As the bulls anticipate Dogecoin ETF approvals, analysts forecast a short-term breakout past the $0.20 mark.

More bullish Dogecoin price predictions emerge despite Dogecoin ETF delay

Touted as the world’s pioneer dog-themed meme coin, DOGE has had one of the most unpredictable paths to the top 10 coins by market cap. At its current price of $0.18, analysts forecast a breakout past the $0.20 resistance level.

DOGE’s price movement has just formed a W-formation, signaling a clear bullish reversal forming after the recent downturn.

Image Source: CoinMarketCap

While DOGE had registered a pullback of over 73% after last year’s highs of $0.48, its second leg up is starting to form now that DOGE has established support above the $0.164 level.

Image Source: Trading View

Even though Dogecoin ETFs have hit a snag, bullish Dogecoin price predictions are back in the spotlight with endorsement from institutions such as 21shares, fuelling bullish sentiment. In the last 30 days, DOGE has seen its price increase by nearly 5%, adding to a bi-weekly uptick of 16.2%.

Moreover, an analysis from 21Shares found that an investment in DOGE features minimal drawdown risks even in stress-test scenarios, as Dogecoin may be maturing with on-chain activity growing steadily.

Dogecoin continues to defy the odds repeatedly, and even Glassnode data backs up the likelihood of a bullish Dogecoin price prediction once its ETF is filed with the SEC and approved. Analysts anticipate a bullish resurgence past $1.00 as the buyers take control of DOGE.

Remittix’s RTX presale gains traction, raising over $14.7 million

Bullish Dogecoin price predictions aside, Remittix’s RTX is the new kid on the block, promising meteoric gains for investors. Its ongoing presale has already raised over $14.7 million to support its cross-border payment solution that gives the likes of XRP a run for their money.

Remittix goes beyond the speculative nature of most meme coins like DOGE to offer a real-world solution that reinvents how remittances are distributed. With Remittix, crypto holders can send funds directly from their wallet into a traditional bank account while circumventing the expenses that come with conventional methods.

Recipients can receive funds without dealing with the complexities of crypto wallets, which is a unique yet simple approach primed to trigger mass adoption. The global remittance industry is expected to hit a valuation of over $250 trillion by 2027. Now that Remittix is leading the charge, an investment in RTX could easily yield massive gains in the near future.

Compared to its competitors, Remittix charges a flat fee with zero hidden charges for foreign exchange or wire transfers. Moreover, Remittix also empowers businesses to receive crypto payments through its Remittix Pay API, which supports over 40 cryptocurrencies and more than 30 fiat currencies.

RTX’s ongoing presale has sold over 532 million RTX tokens, a total of 1.5 billion tokens in supply. RTX’s current price is discounted at just $0.0757, and the next stage of the presale is set to see the price rise to $0.0781. If you are looking to enter a position and participate in the future of PayFi, now is the best time before the launch.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix