As the crypto market enters a phase of reshuffling, whales are offloading large amounts of Cardano and Dogecoin, raising concerns about future downside. At the same time, over 22,000 investors are rushing into a rising Ethereum-based project called Remittix (RTX), which has now passed $17.8 million in total raise.
With crypto veterans seeking the next breakout opportunity, Remittix is quickly gaining traction among retail and institutional buyers alike.
Cardano (ADA) has edged up by nearly 3%, aiming to break through the $0.8000 barrier. Traders are closely watching a wedge pattern forming on the chart, which could determine if ADA continues its upward climb or faces another rejection.
Latest data from CoinGlass shows ADA’s long-to-short ratio rising to 1.0421, indicating that 51.03% of traders are currently bullish. This shift in sentiment is backed by $8.57 million in short positions that could be liquidated if ADA surges above $0.797.
ADA news points to technical indicators flashing buy signals. The MACD shows green histogram bars forming, while the RSI is moving up from 47, hinting at growing momentum. Still, resistance at the 50-period EMA near $0.8018 could be a make-or-break level for Cardano bulls.
Dogecoin (DOGE) is attempting to break out from a descending trendline, with its RSI also breaking out, suggesting the start of bullish momentum. According to analysts, the DOGE price is showing signs of strength as it approaches key resistance levels.
While Dogecoin remains a meme favorite, this recent movement is backed by historical technical setups. If volume picks up, the DOGE price could target zones between $0.15 and $0.20. On-chain signals like increased whale activity and steady trading volume support the bullish case.
Despite the upside potential, traders are also preparing for potential rejection. Should the breakout fail, DOGE price could test support around $0.10, offering entry points for dip buyers. The coming days will determine if Dogecoin can sustain its momentum or slide back into consolidation.
While whales are offloading ADA and DOGE, Remittix (RTX) is gaining strong interest from investors hunting for real-world utility and early-stage value. Built on Ethereum, Remittix focuses on borderless payments and has already raised more than $17.8 million through the sale of over 576 million tokens at $0.0895 each.
The buzz has intensified since Remittix announced its Q3 beta wallet release, and now, over 22,000 users have joined the project in anticipation of the next phase.
Remittix is drawing attention for more than just hype. Its real use case, seasoned leadership, and rapid user growth place it among the top crypto to buy now for 2025.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io
Socials: https://linktr.ee/remittix
$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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