Cardano, Solana Or Remittix? Which Of These Could 50x By August According To Top Crypto Analysts
The post Cardano, Solana Or Remittix? Which Of These Could 50x By August According To Top Crypto Analysts appeared on BitcoinEthereumNews.com.
As crypto markets regain momentum, investors are asking which tokens could deliver the next breakout. While Cardano and Solana remain top-tier contenders with solid ecosystems, a surprising challenger has entered the race Remittix (RTX). With over $14.3 million raised in presale and a practical solution for cross-border payments, analysts are now tipping Remittix as the dark horse with the highest upside. Could this underdog project outpace the giants and deliver 50x returns by August? Cardano Struggles Below Key Resistance as Bears Take Control Cardano has hit a technical snag, and top analysts are watching closely as the price shows signs of weakness. After a strong attempt to break above the 200-day Exponential Moving Average near $0.73, ADA was firmly rejected falling nearly 7% in just a week. That 200-day EMA aligns almost perfectly with a key resistance level around $0.74, making it a critical ceiling the bulls have failed to break. Cardano price briefly recovered towards $0.69 on Tuesday, but has fallen back below the 61.8 percent Fibonacci retracement from the crypto’s August low of $0.27 to the December high of $1.32. Now trading at $0.67, Cardano price risks an extended correction that could send it down to the February 28 low of $0.58, marking a further 13% drop from its current level. ADA’s near-term picture raises questions in a market where investors are eyeing high-upside plays. Can it be 50x by August? Unlikely, according to many analysts, who argue that Cardano’s upside is capped unless it breaks out of this technical slump and finds new momentum. Solana Holds Strong at $129 as Network Activity Climbs Solana is holding steady at around $128.7 after a modest 1.3% gain in the past 24 hours, but what’s happening under the surface may matter more than the price action. With on-chain activity growing…
Filed under: News - @ April 3, 2025 3:19 am