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Cryptocurrency News Articles

After Months of Strong Rallies, the Crypto Market Has Entered a Holding Pattern

May 20, 2025 at 06:00 pm

Bitcoin is pulling back after touching $105,000 and Ethereum and XRP are hovering just above critical levels. At the same time, the Solana price is trying to defend a key zone near $164.

After months of strong rallies, the crypto market has entered a holding pattern. Bitcoin is pulling back after touching $105,000, while Ethereum and XRP are hovering just above critical levels. At the same time, Solana price is trying to defend a key zone near $164.

Analysts aren’t calling for a top just yet, but they agree that the next move will be decisive. With consolidation setting the stage, many investors are now looking at emerging altcoins for fresh upside. One name that is gaining serious attention is Remittix.

Bitcoin Struggles to Hold Above $105K

Bitcoin briefly surged above the $105,000 mark over the weekend, but the price dropped afterward, currently trading around $103,204 according to CoinMarketCap. This failed breakout has triggered concerns that the move might be a bull trap.

Momentum indicators offer little reassurance. The RSI pulled back from overbought levels and now sits around 65, displaying a downward bias. Meanwhile, the MACD printed a bearish crossover on Sunday, typically an early sign of fading strength.

If Bitcoin continues to retreat, the next key support lies at the psychological $100,000 level. Alternatively, a rebound and daily close back above $105,000 would renew hopes for a run toward the previous all-time high of $109,588.

Until then, the market appears cautious, and traders are rotating capital into more active sectors, particularly altcoins with breakout potential.

Solana Price Holds Ground Amid Market Uncertainty

While Bitcoin’s momentum wanes, Solana price has been fighting to stay above a crucial support zone. After peaking around $183 on May 14, Solana price has cooled off, dipping to retest the $166 area.

As of now, Solana is trading around $163.25, notching up modest daily gains of just under 1%. Chart analysis highlights $166.82 as the key short-term pivot. This level has now held up through two recent tests, with bullish candles forming on each instance.

This serves as a testament to persistent buyer interest. If Solana manages to break decisively above $177.51 or clear the $183.86 resistance, it could trigger a renewed push toward the $190-$200 range, according to technical analysis.

However, until either scenario unfolds, Solana’s setup is best described as neutral. It isn’t breaking down, but it hasn't broken out either. If the broader market regains momentum, Solana’s structural support and resilient trendline behavior suggest that it will be among the first to move higher.

Remittix: The Quiet Altcoin That Is Gaining Ground

In a market that is quickly shifting, one project is moving forward with a different kind of momentum.

Remittix isn’t an altcoin that is rallying on speculation. It is gaining attention because it solves a problem that never went away; cross-border payments that are still slow, costly, and difficult to access for most people.

At its core, Remittix is a payments protocol built for everyday use. It allows users to convert more than 50 cryptocurrencies into fiat and deposit funds directly into bank accounts in over 30 countries. No wallet setup is needed on the receiving side. Transfers settle in under 24 hours, with a flat 1% fee.

But beyond the basics, the platform is structured for real adoption. It features optional compliance checks, fraud monitoring and a clean user experience that appeals to both retail users and growing merchant networks. The demand for this kind of utility is growing, especially in regions underserved by legacy finance systems.

What makes Remittix stand out in a market full of promises is execution. With over $15.1 million raised and active adoption increasing, it is proving that function is finally catching up with form. Where most altcoins are still looking for a narrative, Remittix already has one, it’s becoming the payment layer that crypto promised years ago.

As capital rotates out of top-heavy majors, investors searching for what to buy next might find that the most promising assets aren’t the ones making the loudest noise, but the ones quietly building real-world value. In that category, Remittix is making a name for itself.

Remittix Might Be The Smartest Move For Investors In 2025

As Bitcoin and Solana consolidate, opportunities are opening up elsewhere.

Remittix isn’t chasing hype, it’s delivering solutions that users actually need. If you’re looking for a project with strong fundamentals, growing demand and a clear real-world use case, Remittix stands out in a crowded market.

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Other articles published on Jun 27, 2025