Remittix (RTX) Is Back in the Spotlight. From Whale Buying to Technical Patterns, Signs Are Pointing Up

This article examines why Remittix might offer more upside than ADA.

Cardano (ADA) has been a hot topic in crypto circles. From whale activity to technical chart patterns, there are several signs that could indicate where the digital asset is headed next.

However, with another promising project, Remittix (RTX), also making waves in the industry, some analysts believe that one project could offer more upside to early investors.

As Cardano’s price and long-term prospects look mixed, this analysis will examine what the charts and data say about the future of Cardano’s price and why RTX might be a better pick for optimal gains.

Cardano’s price and its long-term prospects look mixed

Cardano (ADA) has been moving up and down quickly. Cardano’s price reached $0.84 last week before pulling back to trade at around $0.72 at the time of writing.

This price point is now nearly 75% below its all-time high of $3.09, which the token reached in 2021. However, the short-term charts are showing some interesting signs.

One analyst, Jesse Peralta, shared a TradingView summary from an indicator by Benjivk, which had a rare “Strong Buy” signal for ADA. According to Peralta, the indicator had 13 signals flashing buy and zero sell.

Source: Jimmy6x9 on X via bravenewcoin

This aligns with what another analyst, Ali Martinez, also spotted. Martinez pointed out that large crypto whales scooped up a massive 80 million ADA in just 48 hours.

Usually, large-scale accumulations by whales precede a surge in cryptocurrency prices. This analysis showcases that these significant investors aren’t giving up on Cardano just yet.

There’s also a falling wedge breakout on the 3-day chart, which is a bullish pattern, and ADA is now trading above the breakout level and the lower band of the Bollinger Bands, which could be a good level for buyers to defend.

Analysts like Jimmy6x9 and Av_Sebastian suggest that ADA could continue higher toward the $1 resistance or potentially the 38.2% Fibonacci level at $1.18. But if the market turns against it, it could drop toward the 200-day moving average at around $0.67 or lower.

Right now, the outlook on ADA is neutral to slightly bullish, but it’s not a clear winner.

However, another project in the presale stage is making huge strides with its innovative product and strong community.

Remittix offers long-term setup and sustainable upside

Remittix (RTX) is still in presale, which means the price is low and the token isn’t listed on exchanges yet. Investors pay $0.0781 for each RTX token, and over 85% of the tokens have already been sold out, showcasing the strength of the demand.

Unlike ADA, which is struggling to regain its bullish momentum, Remittix is building a real-use product in a fast-growing sector: crypto-to-fiat payments.

With Remittix, you can send money from your crypto wallet to bank accounts in over 100 currencies. The receiver doesn’t need to know crypto was used, keeping things simple and private. It’s like a seamless bridge between Web3 and Web2.

The Remittix Pay API helps businesses and individuals accept crypto payments and receive fiat in their preferred bank accounts. It works with stablecoins like USDT, USDC, and BUSD, and more than 40 other cryptocurrencies.

This unique setup is already attracting attention. Analysts like Ben Evris and Samuru are touting RTX as a potential 100x gem from presale. Evris predicts a listing price of $1.5 and a 3-month high of $2.5.

It’s also touted for its staking rewards of 4% to 8%, one of the highest in the market. And for safety, BlockSAFU audited the smart contracts, while users have full control with the RTX wallet, which doesn’t store personal data, IP, or location.

This makes RTX more than just a token. It’s a payment network with low fees, fast settlements, and high privacy. For people who want early-stage gains, a working product, and a token with good narrative potential, RTX seems like a better pick than ADA.

EYES ON THE PRIZE! 🔥 Remittix 🔥 THIS CRYPTO IS ON THE PATH TO BLUE CHIP GLORY!

Why Remittix has better long-term potential than ADA

ADA has been unable to break out of $1 for more than a year, instead getting stuck in a loop of technical recovery and unmet promises from the development team. While there’s still a chance for ADA to hit $1.18, it depends too much on the market cycle continuing up and Paymon