Cardano Struggles At $0.85 While A Viral Presale Altcoin Gains Rapid Momentum Among Global Crypto Traders

05-Sep-2025

There is a lot of excitement in the crypto market with Cardano (ADA) under heavy resistance and a new altcoin, Remittix (RTX), heading in the direction of massive adoption amongst traders worldwide. Remittix is fast gaining heat as a result of its high figures, future exchange listings, and audacious growth estimates.

Cardano Price Updates: Intense Pressure at $0.85

The latest Cardano price updates show that ADA is testing resistance between $0.83 and $0.86, an area where sellers have repeatedly stepped in to stop upward moves. Cryptocurrency analyst Ali Martinez has pointed out that the critical level to follow is at $0.8789. A validated close above this area would drive ADA to the higher levels of $0.96, and then to higher levels of $1.05 and $1.23.

At present, ADA is quoted at approximately $0.840 and is under heavy selling pressure. To have a long-term rally, ADA will have to rise beyond the $0.85-$0.90 range. According to some analysts, the price can increase to $0.95 and even to $1.00, $1.32, and even to $2.40.

source: GoneLiminal on TradingView

However, the downside risks remain high. Support levels at $0.78, $0.72, and $0.66 are critical safety nets for bulls. Any drop of ADA below $0.82 would prompt traders to anchor a further adjustment at $0.73.

In spite of these short-term challenges, there is long-term optimism. Analyst Gambardello has proposed that ADA may hit $15 in the future. As of today, price movements indicate that people should treat Cardano with some caution, because the short-term dynamics will largely rely on whether ADA will cross the $0.85 barrier.

Remittix Gains Momentum With Global Hype

While Cardano’s growth has slowed, Remittix is surging in popularity. The project has raised over $23.7 million by selling more than 644 million tokens, now priced at $0.1030 each. Remittix recently announced its first centralized exchange (CEX) listing on BitMart, a major milestone that has energized the community. Following this, a second CEX listing has been confirmed on LBank, further boosting expectations.

Adding to the excitement, the Beta Wallet launch is scheduled for September 15, 2025, introducing a key product that will support adoption and real-world utility.

Here’s why analysts and traders believe Remittix could deliver massive gains:

  • Strong Presale Performance: Over $23.7 million raised, proving high investor confidence.
  • Confirmed Exchange Listings: BitMart is first, with LBank already announced as the next listing.
  • Real-World Problem Solving: Focused on global remittances, targeting a lucrative industry.
  • Product Roadmap: Beta Wallet launching on September 15, showing rapid development progress.
  • Early Investment Opportunity: Potential for massive price appreciation once trading begins.

Crypto experts predict that Remittix could achieve exponential growth, with some forecasts suggesting it as the next 100x crypto.

Conclusion

Cardano price updates show ADA working hard to reclaim higher levels, but its path remains uncertain in the short term. In contrast, Remittix is riding a wave of global excitement, fueled by strong presale results, confirmed exchange listings, and a roadmap aimed at real-world adoption. While ADA’s future remains bright, Remittix’s rapid rise could make it the breakout star of 2025.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

The post Cardano Struggles At $0.85 While A Viral Presale Altcoin Gains Rapid Momentum Among Global Crypto Traders appeared first on Blockonomi.

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