Cardano Faces Risk of Sub-$0.50 Drop as Remittix Aims for 4,500% Rally
Analysts warn Cardano (ADA) could slip below $0.50 if it fails to close above key resistance around $0.90–$1.00. The TD Sequential ‘9’ buy signal indicates easing selling pressure, but a bearish reversal may trigger a sharp decline from its current $0.839 level. Long-term optimism, including a $15 target for ADA, remains a distant scenario.
In contrast, Remittix (RTX) has raised $23.6 million by selling 644 million tokens at $0.103 each during its presale. RTX secured listings on BitMart and LBank and will launch its Beta Wallet on September 15, 2025, enabling low-fee cross-chain DeFi transfers and staking. Analysts predict Remittix could surge up to 4,500% this year, driven by real-world payment solutions, attractive staking rewards, and a clear roadmap.
Bullish
The contrasting forecasts—bearish signals for ADA versus a high-growth outlook for RTX—create mixed short-term sentiment. However, the successful Remittix presale, exchange listings, and upcoming Beta Wallet launch can fuel speculative buying and broader DeFi interest, supporting a bullish market tone. Historically, similar presale successes (e.g., BNB, MATIC) spurred sustained rallies and altcoin momentum, suggesting traders may shift capital into high-potential tokens like RTX. In the long term, Cardano’s price risk warrants caution, but the overall market could remain buoyed by new project momentum.