Cardano's (ADA) $2 Run Is Coming, But Could RTX Be The Winner This Quarter?
Market watchers are optimistic that Cardano's price is on track to rally. With Cardano at around $0.65, sentiment suggests a possible uptick towards $2 in a move that could see ADA approach its previous ATH.
Further fuelling Cardano's bullish sentiment is a recent Polymarket report that shows an increased chance for Cardano's ETF approval.
However, while ADA struggles to rebound, a new DeFi project called Remittix is reinventing cross-border payments. Remittix banks on its simplicity – a key element setting RTX apart from competitors.
Cardano's price spikes as chances of an ETF listing increase over 66%
After registering a 6.4% dip in the last 30 days, Cardano's price is now rebounding, as seen by its slight recovery from an extended corrective structure during the higher timeframe.
Since its recent uptick to $1.29, Cardano's price has formed a bull flag with established support at the $0.45 zone, as seen in the charts.
Image Source: Investtech.com
For Cardano's price to break into a rally towards $2, ADA buyers must sustain upward momentum past the $0.84 resistance zone as RSI divergence indicates a possible reaction upwards for ADA.
Cardano's price appears to have reached a potential final leg down in its corrective structure, leaving the bulls hopeful of reclaiming higher support zones now that Cardano has bottomed at $0.53 in line with the 0.786 Fibonacci retracement level.
Cardano ETF prospects are also positive, as seen in Polymarket's report.
Image Source: Polymarket
With the exhaustion of Cardano's downward momentum, onlookers are optimistic about a bullish resurgence for Cardano that could see it peak at $2 this altcoin season.
Remittix's presale raises over $14.5 million, a gold rush for its Pay-Fi protocol
ADA might be gearing up for a bullish resurgence, but Remittix's RTX is set to outperform Cardano this altcoin season. Its ongoing presale has already raised over $14.5 million, making Remittix a rising star among PayFi solutions.
Legacy remittance infrastructures are riddled with inefficiencies and high costs that often make it difficult for recipients to benefit from advanced financial tools. With Remittix, however, the entire process is built on the blockchain in such a way that consolidates a potential $250 trillion dollar industry.
Remittix is built on simplicity. Recipients get a bank transfer without ever knowing that the transaction started as a crypto payment. Through delivering near-instant settlements at fixed-rate pricing, Remittix offers an accessible and affordable cross-border payment solution.
Remittix is also scalable and can be used efficiently even for micro-transactions without disproportionately high fees. There is support for more than 30 fiat currencies, and compared to its competitors, Remittix goes as far as allowing merchants to accept crypto payments via the Remittix Pay API.
The success of Remittix's ongoing presale speaks volumes. So far, the presale has sold more than 528 million RTX tokens. RTX tokens have a capped supply of 1.5 billion tokens, and thanks to Remittix's focus on community, participants in the presale have a chance of grabbing 50% of this supply.
Currently priced at $0.0757, now is the best time to join the RTX bandwagon before a price uptick.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
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