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Cardano and Litecoin Prepare for Growth, Attention to Emerging Projects

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by Giorgi Kostiuk

an hour ago


As the fourth quarter approaches, the cryptocurrency market is showing activity, especially regarding Cardano and Litecoin. Both assets show resilience, while analysts are focusing on new projects with real utility.

Cardano Demonstrates Recovery

Currently, **Cardano (ADA)** trades at $0.89, maintaining levels above the $0.85 support. Investor interest and accumulation by large holders support optimism. Despite short-term fluctuations, ADA has achieved a 133% annual increase, and analysts are predicting a rise to the $1.10 resistance before a potential breakout towards $1.50 and beyond.

Litecoin Moves Toward Key Resistance Levels

Meanwhile, **Litecoin (LTC)** is near the $120 mark, actively testing the resistance level at $126.45. The open interest on LTC futures has reached a record high of $1.26 billion. Analysts believe the price could move towards $175-$180 in the near future, while pessimistic forecasts suggest a drop towards $105.

Remittix: Promising PayFi Project

The new project **Remittix (RTX)** is gaining popularity and has already raised over $21 million for development. It focuses on transforming the global remittance industry with a clear mission: to make transactions simpler and more accessible. A beta wallet launch is planned, enabling users to make instant cross-border payments. Additionally, a listing on BitMart is expected, which will further drive the project's growth.

Cardano and Litecoin show signs of bullish growth, while new projects like Remittix create significant interest in the crypto community. Both strategies are emerging amidst expected demand increase in the fourth quarter.

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