The ADA price sits near $0.6905 after a tense week. On-chain figures show Cardano millionaire wallets selling off about 350 million ADA, or roughly $245 million, into the market. Traders point to a year-long wedge in the 12-hour chart, with ADA price bouncing off the support and having a clean trigger at $0.90. With fear rising and liquidity thin, this mix sets up a make-or-break stretch for ADA and pushes investors to compare options like Remittix (RTX).
ADA Price: Whales Dump While A Breakout Looms
The ADA price sits near $0.6905. Whale addresses sent a clear message as the ADA price slipped under $0.70. They cut exposure, likely hedging against another wave of selling or front-running stress across altcoins. History says heavy exchange inflows during weakness often lead to further drawdowns. If the ADA price cannot reclaim momentum quickly, support at $0.62 and $0.55 comes into view, and more whale exits could speed the slide.
Yet the chart offers hope as analyst setups show the ADA price defending the wedge low and pressing higher on lighter volume. Above $0.90, the measured move targets $1.88, a clean 100% extension from today’s levels. That would be the most asymmetric upside case ADA has shown this year. Until that break happens, the ADA price remains range-bound, and headline risk after last Friday’s $19 billion wipeout keeps nerves tight.
So, whales dumped, but the pattern looks bullish. This ADA price paradox leaves two straight paths. Path one, reclaim $0.90, convert it to support, and ride a quick revaluation while large holders slowly reload. Path two, fail at resistance, roll back to $0.62 or $0.55, and invite another round of distribution. With liquidity thin, small catalysts could decide which path wins.
Why Remittix Keeps Holding Up
Remittix is built for PayFi, letting users send crypto while recipients get fiat in a normal bank transfer, with the reference included. That simple bridge is why it keeps trending during chop. The numbers are also clear, as the Remittix price is currently $0.1166, over 678 million tokens sold, and has raised over $27.4 million.
Remittix Highlights
- The platform converts crypto into fiat bank deposits in over 30 countries with clear confirmations.
- Remittix is ranked #1 on CertiK, and this shows transparency and investor trust.
- Community testers have already confirmed thousands of successful payouts.
- Expanding payout corridors and onboarding freelancers and merchants daily.
- Preparing a third CEX listing to enhance liquidity and accessibility.
In a week when the ADA price felt the squeeze, Remittix focused on delivery and clarity, which is why it keeps earning watchlist spots alongside larger caps.
Conclusion: How To Position After The Crash
If the ADA price reclaims $0.90, the wedge breakout could drive a fast run toward $1.88. If momentum fades, $0.62 and $0.55 are the levels to defend. Either way, mixing a chart-driven ADA plan with a utility-driven payment play like Remittix can balance a portfolio. With a price of $0.1166, over 678 million sold, and $27.4 million raised, RTX offers a clear use case while ADA fights for its breakout.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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