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Cardano and XRP Face 50% Plunge as Traders Pivot to Parabolic Crypto Darling

Cardano and XRP Face 50% Plunge as Traders Pivot to Parabolic Crypto Darling

Author:
Tronweekly
Published:
2025-05-29 14:15:00
13
2

Chart analysts are flashing warning signs for Cardano and XRP—both could be in for a brutal 50% haircut. Meanwhile, money is rushing into an unnamed altcoin that’s painting a vertical green line on every chart.

Market psychology 101: When the herd stampedes, someone’s getting trampled. The ’next big thing’ always looks obvious—until the leverage gets liquidated.

Cardano

Just weeks ago, Cardano (ADA) and XRP were basking in bullish sentiment, with traders eyeing breakout highs and long-term gains. But the charts are starting to tell a different story, one that has seasoned analysts raising red flags.

Elliott Wave analysis on TradingView suggests ADA could drop to $0.42, a sharp 50% fall from its recent level, as it enters a potential C-wave crash. XRP faces similar pressure, with analysts eyeing a dip to $1.20 from $2.40, both aligning with the 0.786 Fibonacci retracement, hinting at weakening bullish momentum.

As top altcoins wobble, traders are turning to Remittix (RTX), a PayFi upstart rising fast. Built on ethereum for instant crypto-to-fiat transfers, Remittix has raised over $15.4M and trades at just $0.0781.

Cardano on the edge: wave theory warns of deep correction

Cardano (ADA) has held a steady uptrend recently, but a rejection at the $0.84 resistance has traders cautious. While the pullback so far is minor, Elliott Wave analysis now suggests ADA may be nearing the end of a deceptive B-wave, setting up for a sharp Wave C crash.

AD 4nXerJ0xJ5KOMFOOuYVjp9JJxI99OnXDhOv4L 7BXzTUCEg1aFsADILVXY0gD 1Mg1kCEMv4UJmg6f3no LsXCt7bmmpyKPPNJgDUJy2adt

Source: Trading View

According to this chart pattern, ADA could tumble to $0.42, a 50% drop, aligning with the 0.786 Fibonacci retracement. This move WOULD complete a larger Wave 4 correction, setting the stage for a bullish Wave 5 toward $1.60. But if ADA breaks below $0.40, the entire bullish setup risks being invalidated.

Though the technicals are clear, Bitcoin’s next MOVE could shift everything. If BTC rallies, ADA’s correction might soften or vanish. 

XRP price under pressure: Elliott wave signals 50% crash

XRP is flashing red on the charts, with Elliott Wave analysis pointing to a steep correction ahead. A recent TradingView forecast suggests the token may be in the midst of an ABC correction phase, with a possible drop to $1.20, mirroring a 50% decline, right in line with the 0.786 Fibonacci retracement.

AD 4nXeSm8BexHrvio92rDoS3p0cZynu2tlV6EJxbso tondJQST77 7WaPRhiFSs 6fzi Y1FzMcYC2TMAkjm8dJGOACWFn9dZPhowk2R3mTXkRvkpU0wCdpmO9yl3mpw

Source: The Currency Analytics

The bearish setup isn’t isolated. CoinCodex projects a 42% slide to $1.32 by November 2025, while others warn of overbought RSI levels and potential ETF delays muddying short-term sentiment. A drop below $1.10, however, would invalidate the broader bullish structure.

That said, XRP’s fate is tied closely to Bitcoin. Should BTC break higher, it could lift XRP out of this corrective funk and erase the bearish thesis altogether.

Remittix: Where crypto meets real-world utility

Imagine you’re a freelancer in South America who just got paid in USDC by a French client. Normally, converting that to pesos is a slow, costly headache. With Remittix, it’s near-instant, crypto in, local cash out. To the recipient, it feels just like a bank transfer. It’s like what Revolut did for travel FX, but for the decentralized world.

For global businesses, it’s a game-changer. A Kenyan e-learning platform can now accept payments from students worldwide in crypto or fiat, and get settled locally, instantly. No more struggling with unavailable processors or unstable currencies. Like Shopify empowered online sellers, Remittix empowers borderless commerce.

With over 536 million RTX tokens sold and nearly 20,000 holders, Remittix isn’t just a concept, it’s already catching fire. Seamless integrations, smart contract automation and a booming presale make it one of the most talked-about PayFi projects of 2025.

Conclusion

As ADA and XRP teeter on the edge of major corrections, the crypto market’s attention is shifting fast. With Elliott Wave analysis flashing red for both altcoins, each staring down a potential 50% drop, traders are seeking safer, more promising ground. 

That’s where Remittix (RTX) steps in. Offering instant crypto-to-fiat transfers and real-world utility, Remittix is gaining serious momentum. Built to make crypto feel invisible to users and effortless for businesses, it’s emerging as a practical solution in a volatile market. While others correct, Remittix is rising.

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