Can Doge Price Recover As Cardano Price Tanks 16% This Past Week, Remitix Continues Surge With 360% Gains
Cardano (ADA) is under pressure, with buyers who find it difficult to hold the line. Barely a few days ago, ADA reached a local peak of $ 0.8,979, but the sales pressure is now lower.
Trump’s recent announcement has failed to relaunch the feeling, leaving Cardano exposed to a deeper slowdown. ADA is already down 16% last week, concerns go on the question of whether this collapse will extend more.
Technical indicators do not offer much relief, distressing warnings from potential ventilation. A sharp drop could trigger widespread liquidations, forcing ADA to retest the lower support levels.
However, despite the action of the lower prices, the fundamentals of Cardano remain strong. The expanding continuous ecosystem, with new decentralized applications and partnerships strengthening its real use cases. If network security and scalability upgrades are gaining ground, ADA could still stage recovery.
But while Cardano is struggling, other cryptos thrive. Remittix (RTX) jumped at 360%, attracting the attention of investors as an alternative focused on payment with real utility. The market moving to practical applications, ADA’s long -term growth potential is tested.
