Cardano Price Prediction: ADA Testing Holders Patience As Remittix’s $20M CEX Milestone Steals Headlines

Key Points

1. Cardano (ADA) is up 10% on the week, boosted by a U.S. executive order allowing crypto exposure in $9 trillion worth of 401(k) retirement accounts.

2. ADA has cleared the 0.382 Fibonacci level at $0.62 and is testing the 0.5 level at $0.85, with a potential breakout targeting $1.15 and $1.78.

3. Remittix (RTX) has raised $18.9 million, nearing its $20 million goal, with features like instant transfers in 30+ countries and support for 40+ cryptocurrencies.

4. Remittix offers real-time FX conversion, low gas fees, and an integrated business API, positioning it as a strong altcoin contender.

5. Analysts note ADA's current chart resembles its 2020 setup, which preceded a rally to over $3, though gains may be slower this cycle.