Cardano (ADA) still has investors’ attention since it’s leading the crypto charts. Chartists are envisioning a long-term bull trend unfolding, supported by Elliott Wave patterns for new highs in 2025.
However, a newcomer, Remittix (RTX), is making waves with 5880% returns threatening the dominance of XRP and other big cross-border coins.
Below, we compare ADA’s technicals to Remittix’s quick DeFi rise and why analysts believe this new token is poised to beat out most veteran tokens in the next market cycle.
Cardano’s Elliott Wave Outlook
On the 4-hour chart, Cardano completed a five-wave cycle near $1.38 and initiated a W-X-Y-X-Z correction, which bottomed at $0.57. The final Z wave was a triangle, indicating the correction is complete. ADA is now in a symmetrical triangle, poised to make a potential bullish breakout.
Momentum indicators are cautiously optimistic. RSI is above 50 but not overbought. A macro downtrend line around $0.9069 meets horizontal resistance. A breakout would confirm a bullish reversal, meaning wave (ii) completed and wave (iii) will drive ADA higher.
On lower time frames, the price of Cardano indicates a symmetrical triangle, which is a sign of indecision. A breakout above $1.15–$1.20 could start a rally, or failure to break out could continue consolidation. ADA appears poised for volatility at the moment. In the event that the bulls triumph, analysts predict a new high by 2025, with the possibility of exceeding $1.38.
Remittix: The Cross-Border Crypto Taking Center Stage
As ADA is still forming its tech roadmap, Remittix (RTX) dazzles with an over 522 million token presale that amassed $14+ million. Pricedat $0.0734 in its ongoing presale, it has provided quadruple-digit returns to early investors amidst mixed market sentiments.
Remittix addresses the problem of slow and costly cross-border remittances. Traditional banks are slow, taking days and also come with hidden charges, frustrating users.
By using local payment rails and blockchain, Remittix enables fiat deposits from 40+ cryptocurrencies quickly. This swiftness appeals to freelancers, migrant workers and price-conscious businesses.
The platform features a Remittix pay API for vendors, making it simple to accept crypto and settle in fiat. The transactions are recorded on a public block chain to avoid manipulation.
Remittix’s focus on utility is projected by analysts to result in massive gains in 2025, potentially overtaking existing remittance tokens. With growing momentum in March, the project needs to attain steady user adoption to prove scalability beyond the presale stage.
Could Remittix Eclipse ADA’s Long-Term Prospects?.
Cardano’s 2025 highs are promising but, say experts, Remittix’s 5880% potential returns are more appealing. Critics warn that those gains are based on ongoing hype, but Remittix’s adoption-based model could ensure adoption in the long term.
If faster remittances become more popular, Remittix could surpass slower rivals, like XRP, once considered a frontrunner in cross-border payments.
Discover the future of PayFi with Remittix by checking out their presale here:
Website:https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer:
This page contains sponsored content provided by an external source. The content is for informational purposes only and should not be considered financial or investment advice. The views expressed are those of the sponsor or author and do not necessarily reflect the opinions of NewsWatchTV. Readers are strongly encouraged to conduct independent research and consult with a financial expert before making any investment decisions. NewsWatchTV is not responsible for the accuracy of the information provided or any losses or damages arising from reliance on this sponsored content.
