Solana and Cardano are flashing warning signs as bearish divergences emerge on key technical charts, raising doubts about their short-term momentum. While both projects struggle to hold recent gains, a new contender is breaking away from the pack.
Remittix, a rising PayFi altcoin, is showing bullish strength with growing adoption and a wallet beta launch on the horizon, hinting that another all-time high may be just ahead.
Solana Struggles To Hold $190 As Momentum Weakens
Solana is showing mixed signals as price action turns choppy. Now trading around $181, SOL is down 5.69% in the last 24 hours despite a 7-day gain of nearly 6%. It’s testing the $190 level, but momentum is fading. RSI has dropped to 42.52, suggesting a neutral market outlook. Meanwhile, MACD readings show bearish pressure easing but still in control.
Analysts remain cautious as bearish divergences begin forming on higher timeframes. Support above the 50 EMA is holding for now, but if SOL fails to push through $190, the setup could turn against bulls. Traders are closely watching this zone to confirm a breakout or brace for a deeper dip.
Cardano Pulls Back After ETF Rally As Signals Turn Mixed
Cardano is cooling off after its Grayscale ETF-fueled rally, with prices now hovering around $0.80. The token surged nearly 38% in July but has since lost steam, dropping 2.77% in the past 24 hours. Technicals remain supportive in the bigger picture, yet signs of a bearish divergence are starting to show. RSI sits at 60, with MACD still positive but flattening.
Analysts are now watching for confirmation of a trend shift. A close below $0.74 could suggest a deeper retracement is underway. On the 4-hour chart, moving averages are nearing a bearish crossover. If bulls can’t reclaim $0.86 soon, the breakout may prove short-lived.
Remittix Gains Traction As PayFi Demand Explodes
As Solana and Cardano flash signs of bearish divergence, Remittix is quietly lining up another breakout. The payment-focused altcoin has raised over $17 million and sold 565 million tokens, all while keeping its price near just $0.0842.
Its mission is simple—make cross-border payments instant, cheap, and seamless for both crypto natives and everyday users. With fee reductions down to 1% and a dual-token model, Remittix is pushing real utility in a sea of speculative projects.
The team recently confirmed its wallet beta will launch on September 15, marking a major leap toward real-world usage. Analysts are watching closely as volume grows and adoption spreads.
Why Remittix looks ready to hit new highs:
- Over $17M raised and 565M tokens sold to early backers
- Beta Wallet launches September 15 with selected testers
- Token burn and fee recycling add long-term value to RTX
- $250,000 Remittix Giveaway drives investor attention and traction
While ADA and SOL lose momentum, Remittix is picking up speed—and it’s doing it with substance, not speculation.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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