Dogecoin Price Facing $0.23 Resistance But RTX Investors Are Already Up Over 420% This Year

Dogecoin's recent rally and subsequent rejection at $0.23 have garnered significant attention, but another token, RTX, is generating even more buzz. RTX, the native token of Remittix, has surged over 420% in 2025 as its presale stages continue to sell out.

Dogecoin Faces Resistance: Will It Break Through?

Dogecoin's price has seen renewed activity. From a low of approximately $0.218 on May 25th, DOGE pushed past short-term resistance at $0.22, peaking just below $0.23 on the 26th and retesting it on the 27th. However, this level has proven to be a significant resistance point, with DOGE currently trading around $0.223 on the 28th.

Despite this, the outlook for DOGE remains positive. CoinDesk reports that whales have accumulated over 1 billion DOGE in the past month. On-chain metrics also show bullish signals: new wallet addresses are up 102%, active addresses increased by 111% in May, and even zero-balance wallets rose by 155%, indicating growing interest.

This recent price action is supported by strong technical patterns. Finance Magnates notes the formation and breakout of an inverse head-and-shoulders pattern, coupled with a break from a multi-year descending wedge. These factors have led traders to anticipate $0.29 as the next major price target.

However, the monthly highs around $0.24–$0.25 have proven difficult to surpass, with multiple rejections this month. Reclaiming $0.23 could lead to another challenge of these highs, and a breakout above $0.25 might propel Dogecoin towards $0.29.

Remittix: A 420% Rise Under the Radar

While Dogecoin experiences price fluctuations, Remittix continues its upward trajectory. Its RTX token has seen over 420% growth this year during its presale, currently priced at $0.0781 after raising $15.4+ million.

The excitement surrounding Remittix stems from its plans for a next-generation crypto-to-fiat off-ramp. Its platform facilitates the conversion of 40+ cryptocurrencies into fiat, enabling users to send funds directly to any bank account globally with a simple flat fee and instant settlement. The process is crypto-powered behind the scenes but offers the user experience of a standard bank transfer.

Remittix also caters to businesses. The Remittix Pay API allows merchants to accept crypto payments and settle in their preferred fiat currency. Merchant accounts provide comprehensive control over cashing out across 50+ crypto pairs and 30+ fiat currencies via a dedicated dashboard.

The Remittix team, composed of experienced professionals in fintech, regulatory compliance, and blockchain technology, is making significant progress. The platform's architecture is nearing completion, with initial smart contracts already live. Global licensing and KYC systems are also in place.

The upcoming Remittix Wallet, announced in mid-May, is a mobile-first app currently in development, with beta testing scheduled for Q3 2025 and a public launch soon after.

Remittix: Bridging Crypto and Traditional Finance

Remittix is aiming to bridge the gap between cryptocurrency and the $194 trillion cross-border payments market by providing a highly accessible solution. The presale is progressing rapidly, with over two-thirds of tokens already sold, driving RTX's price higher with each sold-out stage.

Conclusion: Dogecoin's Potential vs. Remittix's Momentum

Dogecoin is approaching key resistance levels, but Remittix is capturing considerable attention. With a 420% gain this year and a tangible product under development, Remittix's execution is building significant momentum. It's poised to become a major player once its token officially launches.