Crypto markets are showing mixed signals this week. Cardano and Solana price are flashing warning signs on their charts. Both tokens are forming bearish patterns that could signal more downside ahead. But while they struggle, a new project, Remittix, is making big moves upward.
Cardano Struggles Near $0.40 Support
Cardano price is facing heavy selling pressure. The token is hovering near the $0.82 support zone. This level has been tested multiple times, but buyers are losing strength.
Technical charts show a descending triangle forming. This is a bearish pattern that often leads to breakdowns. If ADA fails to hold $0.80, the next support is near $0.65.
Chart showing the price of ADA
Volume is low. Momentum indicators are pointing down. Traders are growing cautious. Without a clear catalyst, Cardano could continue to slide.
Solana Price Faces Resistance at $150
Solana (SOL) also shows signs of weakness. After a strong rally earlier this year, SOL is now stuck below $190 resistance. Bears are defending this level hard.
The chart shows a head-and-shoulders pattern forming. This is a classic bearish reversal signal. If SOL breaks below $170, a deeper correction to $130 is possible.
Chart showing the price of SOL
Volume has dried up. Solana needs fresh news to regain strength. Until then, traders are staying on the sidelines.
Remittix Defies the Market with New Highs
While Cardano and Solana fight bearish trends, Remittix (RTX) is soaring. The crypto-to-fiat payment project just hit a new token sale milestone.
Remittix has now raised over $19 million. More than 570 million RTX tokens have been sold. The price is climbing as investor demand grows.
Unlike ADA and SOL, Remittix isn’t relying on market hype. Its growth is fueled by a real product. The Remittix platform allows direct crypto-to-bank transfers in over 40 countries. No exchanges, no middlemen, and no delays.
This makes Remittix a standout in a crowded crypto space. Analysts believe RTX could surge 10,000% once the platform goes live.
Here’s why Remittix is winning investor attention:
- Solves a real-world problem in crypto payments.
- Offers instant fiat conversion without centralized exchanges.
- Already working with users in multiple countries.
- Backed by a $250,000 giveaway campaign boosting visibility.
The Market is Watching
Cardano and Solana are still top projects. But in the short term, their charts are signaling caution. Both need strong news or upgrades to flip sentiment.
Remittix, on the other hand, is gaining momentum fast. As ADA and SOL move sideways, RTX is climbing with real-world demand backing it.
For traders seeking the next big opportunity, Remittix is quickly becoming a top choice.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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