Cardano Price Prediction: On-Chain Data Shows ADA Holders Rotating Into Remittix as Viral Presale Surges

Cardano has bounced above $0.83 after a sharp correction, fueling speculation about whether it can reclaim $1. Yet, despite encouraging technicals, on-chain data points to a wave of profit-taking among ADA holders, with many channeling those gains directly into Remittix (RTX), the presale project rapidly going viral in Q4.

Cardano Price Prediction: ADA Faces Breakout or Breakdown

Cardano’s near-term structure shows $0.838 as the key level to defend. Holding above this support could maintain momentum within the bullish recovery channel, with $0.91 as immediate resistance and $1.01 as the weekly high to watch.

Cardano Price Chart | Source: CoinGecko

However, a $4.24 million inflow on October 1 revealed profit-taking pressure, suggesting that traders may look to lock in gains at resistance levels. With open interest in ADA futures now at $1.41 billion, volatility risks remain elevated.

This sets up a make-or-break scenario for ADA, where $0.91 could unlock upside, or trigger further exits if bulls stall. 

ADA Holders Move Into Remittix for Q4 Upside

What’s becoming increasingly clear is that ADA holders are rotating capital into Remittix (RTX). With presale tokens now priced at $0.1130, and over $26.8 million raised, investors are positioning RTX as an early mover with more substantial Q4 growth potential than ADA’s range-bound price action.

The reasons are clear:

• Exchange credibility: Secured debut on BitMart and LBank, with two more listings locked in before presale ends.
• Security trust: Full CertiK KYC completed, with Remittix ranked as the #1 Pre-Launch Token on CertiK Skynet.
• Product traction: Remittix Wallet beta testing is underway, while the crypto-to-fiat Web App nears release.

Remittix is building a payment-focused DeFi ecosystem that supports instant crypto-to-fiat conversions across 30+ countries, targeting both retail users and businesses. The project also launched a 15% USDT referral rewards program, which has accelerated adoption during the presale stage.

Why Analysts Call RTX a 50x Bet in Q4

The short-term Cardano price prediction remains split: ADA could climb toward $1 if buyers hold $0.824, but inflows suggest some holders prefer to cash out. Meanwhile, Analysts are pointing to Remittix as the 50x bet Q4, citing:

• Explosive presale demand: 673 million tokens sold.
• Community-driven expansion: Daily 15% USDT referral rewards.
• Utility-first roadmap: Wallet + Web App integration as catalysts for post-listing adoption.

The combination of rising demand, exchange traction, and product rollouts makes RTX a natural magnet for capital rotation, particularly from projects like Cardano, where short-term gains may be capped.

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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