Cardano and Solana Charts Flash Bearish Signals — But Remittix Defies the Trend With Record Rally

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Author:

coincentral

Published:

2025-07-28 17:30:04

Two crypto heavyweights stumble while an underdog steals the show. Here’s what’s unfolding in the markets this week.

Bearish clouds gather over ADA and SOL

Technical charts for Cardano and Solana show troubling formations—descending triangles, breakdowns below key support levels, the works. Traders are bracing for potential downside as the smart contract platforms lose momentum. (Funny how these ‘Ethereum killers’ always seem to die first when sentiment sours.)

Meanwhile, Remittix rockets past resistance

While the majors wobble, Remittix—the dark horse of cross-border payments—just smashed through its previous all-time high. No fancy technical analysis needed here: the chart looks like a SpaceX launch trajectory. Maybe traditional finance’s 3-day settlement cycles are finally pushing people toward better solutions.

The takeaway? Crypto moves fast—today’s losers could be tomorrow’s leaders (or vice versa). Just ask anyone who bought the ‘stablecoin’ Terra.

Cardano Struggles Near $0.40 Support

Cardano price is facing heavy selling pressure. The token is hovering NEAR the $0.82 support zone. This level has been tested multiple times, but buyers are losing strength.

Technical charts show a descending triangle forming. This is a bearish pattern that often leads to breakdowns. If ADA fails to hold $0.80, the next support is near $0.65.

Chart showing the price of ADA

Volume is low. Momentum indicators are pointing down. Traders are growing cautious. Without a clear catalyst, Cardano could continue to slide.

Solana Price Faces Resistance at $150

Solana (SOL) also shows signs of weakness. After a strong rally earlier this year, SOL is now stuck below $190 resistance. Bears are defending this level hard.

The chart shows a head-and-shoulders pattern forming. This is a classic bearish reversal signal. If SOL breaks below $170, a deeper correction to $130 is possible.

Chart showing the price of SOL

Volume has dried up. solana needs fresh news to regain strength. Until then, traders are staying on the sidelines.

Remittix Defies the Market with New Highs

While cardano and Solana fight bearish trends, Remittix (RTX) is soaring. The crypto-to-fiat payment project just hit a new token sale milestone.

Remittix has now raised over $19 million. More than 570 million RTX tokens have been sold. The price is climbing as investor demand grows.

Unlike ADA and SOL, Remittix isn’t relying on market hype. Its growth is fueled by a real product. The Remittix platform allows direct crypto-to-bank transfers in over 40 countries. No exchanges, no middlemen, and no delays.

This makes Remittix a standout in a crowded crypto space. Analysts believe RTX could surge 10,000% once the platform goes live.

Here’s why Remittix is winning investor attention:

Solves a real-world problem in crypto payments.
Offers instant fiat conversion without centralized exchanges.
Already working with users in multiple countries.
Backed by a $250,000 giveaway campaign boosting visibility.

The Market is Watching

Cardano and Solana are still top projects. But in the short term, their charts are signaling caution. Both need strong news or upgrades to flip sentiment.

Remittix, on the other hand, is gaining momentum fast. As ADA and SOL MOVE sideways, RTX is climbing with real-world demand backing it.

For traders seeking the next big opportunity, Remittix is quickly becoming a top choice.