The crypto market is recovering from recent dips and capital inflow torrents. Dogecoin is seeing an increase in whale accumulation, while Stellar (XLM) has broken past resistance and focused on higher targets.
But the real question for traders is simple. Which Cryptos are worth buying in August for your next major run? Here’s why analysts are already pointing out one new Altcoin as the hottest cipher to buy in August:
Dogecoin whales load before ETF buzz
Dogecoin Price Over 4% jumped in the last 24 hours, and is currently trading nearly $0.22. This movement occurs when whales actively scooped up doges during recent dips. One new wallet has withdrawn Doge of 32.9 million, adding another 20 million from Binance, bringing the holdings to over $11.7 million.
Dogecoin Price Chart | Source: TradingView
In addition to that, the famous whale James Wynn went to Doge again for a long timebet on breakouts. And optimism is built around the recognition of potential Dogecoin ETFs. Grayscale and Bitwise has filed an application, with Bloomberg analysts giving the SEC a 90% chance of approval by October 17th.
If ETF approval occurs, Doge can easily break the $0.23 resistance and target $0.30 and $0.82-$2.18 on the long-term chart. The expiration date of options later this week could be cautious for traders as they will increase volatility.
XLM Price Prediction: Can Stellar reach $0.52?
Stellar (XLM) is flashing one of the most powerful setups on the market while Dogecoin grabs the headline. The XLM is trading at $0.46 after a 3.8% pump, with the Bulls focusing on $0.52 as their next key target.
XLM Price Chart | Source: TradingView
Technical looks bullish with RSI, MACD, and, and Exchange volumeit remains high. If Stellar beat $0.47 with momentum, the traders predicted the run to $0.52. Long-term support is $0.43 and an additional $0.36.
The bullish case is clear, but traders keep their position sizes tight as XLM is 48% above the 200-day moving average. For now, XLM price forecasts are bullish in September, but risk management is important.
Remittix: The hottest ciphers to buy in August
With Dogecoin and Stellar Push high, analysts say there may be real opportunities remittix (rtx)Altcoin focuses on payments, already known as the “next-gen XRP.”
Remittix is building a PAYFI platform that allows users to send over 40 cryptocurrencies from over 30 countries directly to their bank accounts. Transfers settle in 24 hours, fees remain flat, payments appear as standard bank deposits, no recipient encryption.
Important Fuel Milestones remittix Momentum:
- The pre-sale raised $21.8 million and 625 million tokens were sold.
- The first CEX list will be confirmed at Bitmart, with more lists expected when the $22 million milestone hit.
- The Certik audit was completed early on to ensure the security of the smart contract.
- The Beta Wallet debuted in September and will facilitate multi-chine operations, real-time FX tracking, and faster, safer transaction completion.
- It will continuously promote the growth of $250,000 Remit giveaways.
Unlike Dogecoin and Stellar, which relies on slow cycles of speculation and adoption, Remittix is currently solving the $1,830 payment issue.
With utility, momentum, and multiple exchange lists along the way, RTX is tilted as the best chance for 20x to 50x profits in this cycle.
Check out our projects here and discover the future of Payfi with Remittix.
Website: https://remittix.io/
Social: https://linktr.ee/remittix
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