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Cardano Faces Resistance While New Tokens Gain Attention

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by Giorgi Kostiuk

9 hours ago


The cryptocurrency Cardano is facing strong resistance in its price movements, while early investors are starting to explore alternative tokens like Remittix.

Cardano's Price Stability and Rejection Signs

Cardano's (ADA) price has recently encountered another rejection at its descending resistance line, forming a clear three-touch trendline that has held since early 2025. Despite the pullback, Cardano's price structure remains intact. Weekly and monthly chart signals indicate ADA's underlying strength. If ADA reclaims its recent highs, the next target is the $1.20 zone.

Interest in New Tokens Amidst Cardano's Stability

While ADA whales are awaiting clearer signals, retail traders are shifting their focus to smaller tokens with strong fundamentals. Despite the cautiously bullish price prediction for Cardano, the perceived stagnation of the project has prompted interest in emerging alternatives.

Remittix: A New Alternative in the Crypto Space

One project drawing significant attention is Remittix (RTX), a cross-chain DeFi solution aimed at simplifying global payments. The project has already raised over $17 million through the sale of more than 565 million tokens at $0.0842 each. A beta launch of its full-feature crypto wallet is scheduled for September 15, 2025.

The current market analysis shows that while Cardano faces pressure from criticism, the project still has potential for a rebound. However, the growing interest in new tokens like Remittix indicates a shift in investor focus towards alternatives.

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