DOGE, SHIB struggle to rebound, meanwhile Remittix sees record Black Friday interest

Dogecoin and Shiba Inu are trying to recover, but both charts show that the buying strength is weak.

DOGE is trading near $0.1429 after a small bounce, while SHIB is stuck under major moving averages with almost no volume support.

Traders watching these charts see slow movement, weak momentum, and no real breakout energy from either token.

This is why so many investors are now shifting attention to Remittix (RTX), especially as the project sees record interest during its Black Friday 200% bonus event which ends on Monday.

Dogecoin price action shows signs of weak momentum

Source: Tradingview

Dogecoin started a fresh move above $0.1480 and touched $0.1565 before slowing down again.

The price is now below $0.1520 and the 100-hour simple moving average.

A support trend line is sitting near $0.1495. A drop below this level could send DOGE lower.

 If Dogecoin is able to climb over the levels of $0.1550 and $0.1565, the next goals will be $0.160 and potentially $0.1680.

Yet when DOGE cannot overcome the resistance, the price can drop and reach the support levels of $0.1450 and even the stronger levels of $0.1420.

Analysts believe that the next course of action would depend on whether DOGE will be able to remain above the level of 0.1490 without losing steam.

Shiba Inu shows even less strength as volume dries up

Source: Tradingview

Shiba Inu is trading at around $0.00000885. However, there is hardly any actual purchasing power represented in the chart.

SHIB is caught between the 20-EMA, 50-EMA and 100-EMA, signalling downwards.

SHIB has been rejected numerous times, even below $0.0000095 or even below $0.0000100.

The biggest problem is volume. It is one of the weakest sessions of the year, showing very little real interest from traders.

Without new inflows, SHIB cannot form a true breakout. Analysts warn that SHIB could fall back to $0.0000080 or lower if the market stays weak.

Until SHIB reclaims major EMAs or sees a spike in volume, the chance of a breakout is nearly zero.

Record Black Friday interest pushes Remittix into the spotlight

While DOGE and SHIB fight for any momentum, Remittix (RTX) is seeing a major jump in demand thanks to its massive Black Friday 200% bonus.

This event, which runs until Monday, has brought in the largest wave of buyers the project has seen since launch.

Remittix has raised over $28.2 million with more than 686 million RTX sold at $0.1166. 

Here is why traders are choosing Remittix right now:

• The Remittix Wallet is live on the Apple App Store, proving the project has real working products.
  
• The team is fully verified with CertiK Team KYC, giving new investors more trust and safety.
  
• A big December announcement is confirmed, expected to add new features to the live wallet.
  
• The ecosystem focuses on PayFi, offering crypto-to-fiat tools that DOGE and SHIB do not have.
  
• The 200% Black Friday bonus gives buyers far more value than usual, boosting early demand.
  

With weak movement in meme coins and strong product progress at Remittix, many traders now view RTX as a more reliable pick for growth.

Final look: Remittix gains real momentum

Dogecoin and Shiba Inu experience decreased activity as they are both experiencing low volume, high resistance, and a lack of strong buying pressure.

According to their charts, the recovery will not be fast, and they will require larger support in the market before they can experience genuine momentum.

Remittix, however, is moving in the opposite direction.

It has a live wallet on the Apple App Store, verified security through CertiK Team KYC, and a major update coming in December.

The record Black Friday 200% bonus has also brought in a huge wave of new buyers, making it one of the most active projects this week.

FAQs

1. Why are traders losing faith in Dogecoin and Shiba Inu at the moment?

The reason is that both coins are trading laterally with low volume, and many traders sense that the momentum has decelerated, and are waiting until there is more decisive evidence of strength to be made before again entering.

2. What can Dogecoin do to actually make a comeback?

It will require greater purchasing power, a breakout beyond key resistance points, and an improvement in market action before one can create a new rally with Dogecoin.

3. Why does SHIB keep getting rejected at key price zones?

SHIB faces heavy resistance from multiple moving averages and lacks enough liquidity to push through these levels.

4. What makes Remittix different from DOGE and SHIB during this market dip?

Remittix is gaining attention because it has real products already live, strong security checks through CertiK, and a growing PayFi ecosystem instead of relying on hype.

5. How long does Remittix’s 200% Black Friday bonus last?

The 200% bonus runs until Monday and has already brought in a record number of new buyers looking for early-stage value.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway