Cardano (ADA) started the month strong, with several bullish calls pushing optimism across the altcoin space. As Ada news circulated of renewed investor interest and a clean breakout from long-term resistance, bulls believed the ADA price could finally claim the $1 mark.
But this optimism has faded. Over the last seven days, Cardano has dropped by 5.6%, now trading at $0.76 after being rejected at the $0.90 zone. Meanwhile, a surging Ethereum-based rival has continued to gain ground, which is Remittix (RTX).
ADA Price Slips as Momentum Weakens
Cardano’s ADA price spiked to $0.90 after breaking free from a bearish channel formed between May 12 and July 19. That breakout briefly renewed hopes for a rally past $1. However, as the Chaikin Money Flow (CMF) fades and turns negative again, the buying momentum appears exhausted.
With ADA’s Awesome Oscillator (AO) now showing persistent red bars, Cardano is slipping toward the $0.72 support. If that level breaks, the next bearish target could be $0.57 — a 27% drop from recent highs.
From a technical standpoint, ADA’s 4-hour chart has confirmed a head-and-shoulders pattern, and the neckline has already been breached. Unless bulls step in with serious volume, Cardano’s ADA price may be entering a new downward leg. Analysts are now targeting the 0.382 Fibonacci retracement level at $0.67.
Remittix (RTX) Closes the Gap as Investors Seek New Growth
While Cardano grapples with fading momentum, Remittix (RTX) is turning heads for all the right reasons. This Ethereum-based PayFi token has already raised over $17.7 million, with its token sale surpassing 575 million RTX at $0.0876 each. And the biggest news yet — Remittix’s beta wallet will officially launch on September 15, a major leap toward real-world crypto payment integration.
Why Remittix Is Outpacing Cardano in 2025
- $17.7 million+ raised by July 30
- 575 million tokens sold at $0.0876
- Beta Wallet launching September 15
- Over 45K users in the Remittix community
- Active $250,000 giveaway live now
Investors who missed the early ADA price breakout are now pivoting to Remittix, which offers early entry and a growing use case tied to global payments. The beta version of the wallet supports full crypto wallet functionality and is expected to bring thousands of new users into the ecosystem.
Final Thoughts
The Ada news cycle is now turning from excitement to caution. With the ADA price struggling to hold support and technicals flashing bearish signals, the opportunity to buy below $1 may be closing, not because ADA will rally, but because lower levels could come.
Meanwhile, Remittix is making gains on multiple fronts. Its explosive token sale, utility-driven wallet, and strong community growth make it one of the top crypto projects to watch in Q3 2025. For early movers, the Remittix window is still wide open, but not for long.
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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