The recent market crash has sent traders and investors into a major frenzy. However, while the general market remains distracted, analysts note that while the general market continues to panic, smart money is already setting itself up to profit. On-chain analysis shows that whale wallets are quietly adding Cardano while retail flows return after a shaky stretch.
Meanwhile, other investors scanning for high-potential utility plays are watching Remittix closely as they seek to increase their exposure in the PayFi sector.
Is Cardano About To Breakout? Accumulation Indicates “YES”
Source: Cardano
Cardano whales have been buying into the token’s weakness following its recent price performance. Already, ADA holders’ wallets appear to have conducted almost $90 million worth of net buys. This steady bid began before the drop and continued through it, which often signals that whales expect stability or a later push higher for Cardano. Because of the stability that Cardano whales have provided to price action, analysts note that retail flows are also starting to trickle in.
The Money Flow Index shows a higher low, which indicates that net inflows are rising. That aligns with what we see on-chain when smaller wallets accumulate during fear. For Cardano, this behavior has often preceded attempts to reclaim resistance, a major reason why investors are bullish.
Cardano technicals: what the chart is saying
The ADA Price is still working on recovering as the token fell almost 20 percent at the lows, then bounced back toward the 0.65 area. On the four-hour view, the 50-day moving average is slipping, and the 200-day trend has been soft since mid-October. Some technicians also flag a descending triangle and a lack of firm RSI divergence, which means the rebound is fragile unless buyers keep printing higher closes on Cardano.
Key levels are clear. Bulls want to hold the 0.62 to 0.65 shelf. A push through 0.70 to 0.72 opens a path to 0.78 to 0.80, which lines up with recent supply. Above that, the conversation shifts back to 0.85. On the downside, losing 0.62 risks a check near 0.58 or even 0.55 if volumes dry up.
What could flip sentiment for Cardano?
Catalysts matter; hence, a friendlier stance on staking in key markets, healthy dApp launches tied to Cardano either via integrations or built directly using its infrastructure rails, and easier fiat ramps can all help Cardano. Meanwhile, macro policy, ETF headlines across crypto, and dollar strength will still push and pull risk appetite.
Ultimately, the real sentiment driver lies in on-chain activity. If whales keep absorbing supply and retail holds its nerve, Cardano can keep grinding higher while remaining a core platform idea for early-stage crypto investment seekers who want real throughput and significant returns on investment. However, if whales start selling off, the impact on Cardano’s price could be disastrous.
Remittix: The Possible Cardano Alternative
While many of the predictions surrounding what the future holds for Cardano are mainly speculative, Remittix, a newer PayFi altcoin native to Ethereum, is already delivering incredible momentum. The project’s goal is to provide a crypto-to-fiat payment hub that serves users, merchants, and businesses. This is being done through a growing stack that includes a wallet, web app, fiat rails, and API integrations for developers and payment providers, something investors appear to love.
The resulting impact is clear. Remittix has already raised over $27.7 million to date in its private fundraising event, and with the project positioned at the intersection of a $19 trillion global cross-border payment problem, investors are convinced it can offer more. Other features that make Remittix an interesting watch for investors include:
- Successful audit and verification by CertiK
- Multiple CEX listings secured, including BitMart and LBANK
- Global adoption potential with direct crypto-to-fiat support already live in 30 countries
- Ranked #1 Pre-Launch Token on CertiK Skynet, boosting investor trust and legitimacy.
- Peak transparency, fueled by the team completing a full KYC verification
Quiet accumulation and improving money flows are giving Cardano room to work. Yet while investors pay close attention to Cardano price levels, analyst recommendations indicate that hedging Cardano bets with increased Remittix exposure could be key to maximizing investment returns.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
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