The post Cardano, Sui Indicators Signal Huge Price Rises But This Altcoin Is Showing Signs Of A 6000% Rally appeared on BitcoinEthereumNews.com.

The crypto market remains on edge as investors juggle hype-driven rallies and deeper fundamentals. Cardano (ADA) briefly soared on news of a federal “strategic crypto reserve,” only to peter out. Sui (SUI), another highly touted asset, labored with a 21% correction following its try at key resistance. In the meantime, a new player in cross-border payments named Remittix (RTX) is making waves with a real-world use case and astronomical presale performance. Here, we break down each token’s future and discuss why Remittix could be the one to look out for to make huge 2025 profits. Cardano: Mixed Signals Despite Massive Boost Cardano (ADA) spiked above $1.17 after Trump made his announcement regarding a U.S. “strategic crypto reserve” on March 2. That essentially doubled ADA’s price, and everyone was hyped about a consistent increase. Then the token retreated, dipping below $1.15 and erasing many of those gains. Technically, ADA continues to fluctuate within the long-term range of $0.80–$1.20 formed in November 2024. Although it recently broke out in February, the trend appears unstable. On the weekly chart, indicators show a falling RSI above 50 and a MACD that turned bearish but continues to read slightly positive. ADA/USDT Daily Chart On the daily chart, a major hurdle is seen at $1.15–$1.20. If ADA can convincingly overcome this barrier, it could re-stoke bullish momentum. Failure, on the other hand, could trap the price back in a falling channel, suggesting Trump’s announcement triggered a fleeting hype wave instead of a fundamental change. As the altseason remains uncertain, Cardano enthusiasts await more concrete signals. Whales may continue to buy if on-chain data justifies it, but for the time being, ADA volatility calls for restraint rather than excitement. Sui: Failing at $2.90 Resistance Sui (SUI) fell by around 21% within a day to almost $2.34 after…

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Filed under: News - @ March 7, 2025 9:22 pm