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Cardano price warning! top analyst predicts ADA to fall below $0.35 in April as investors buy into altcoins like Remittix

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According to top analysts, ADA price could fall below $0.35 in April. This prediction has triggered a concern amongst investors.    

In the wake of this ADA price news, many investors are moving to  Remittix (RTX) for better gains. Read on to learn more. 

ADA price set to rally in May after falling in April

Experts say ADA price has been in a phase of consolidation that may cause a notable price surge in the next few months.

Since ADA price behavior seems to be following that of 2024, the cryptocurrency, which is now trading at around $0.66, gives investors optimism despite recent declining pressure. 

With trade volume decreasing over 20% to $ Pence.32 million, the third-largest bitcoin by market capitalization has dropped around 3.5% in the last 24 hours.

Though there is a temporary slump, on-chain data and historical trends point to a possible turnaround on hand. 

 CardanoADA Price

Master Kenobi on cryptocurrencies has found startling parallels between ADA’s present actions and price swings from Q3 2024.

Cardano had a sharp drop in early August last year before going into a protracted consolidation period that finally produced a surge. 

The trend of this year is somewhat similar. ADA price has been stabilizing without noting any new lows after a plunge to $0.49 in early February.

“ADA is now in a consolidation phase that resembles its behavior from August-September 2024”, noted Master Kenobi on social media platform X

Should history repeat itself, May may prove to be a critical month for Cardano investors.

Following this consolidation period, Master Kenobi projects ADA may have “a massive pump, maybe pushing the price towards $2.5.” 

Rising whale activity in the Cardano ecosystem helps to support this optimistic view.

Data provided by analyst Ali Martinez indicates that during the previous week alone, big investors bought 240 million ADA tokens. 

Remittix eyes a massive rally

By way of its innovative solution for traditional remittance systems, Remittix aims to address long-standing problems in international banking.

Imagine being able to quickly convert cryptocurrencies into spendable money, free of sting and without KYC constraints. 

Remittix’s PayFi ecosystem provides users with an easy approach to quickly convert cryptocurrencies into fiat money, therefore enabling quick borderless money transfers at lowest cost. 

The platform provides actual value by facilitating flawless, virtually immediate crypto-to- fiat swaps, unlike many projects driven only by hype.

Remittix not only simplifies global payments but also reduces the barrier between the digital asset ecosystem and traditional financial institutions. 

With a dedicated approach, robust security and compliance rules, and an emphasis on financial inclusiveness, Remittix is clearing the road for a new era of blockchain utility. 

Why you should buy $RTX now

At $0.0734 pre-sale, the RTX currency shows high investment value.

Forecasts point to significant increase; demand for original cross-border payment solutions is creating a 25x multiplier in the presale period and over 1,500% growth after launch. 

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

The post Cardano price warning! top analyst predicts ADA to fall below $0.35 in April as investors buy into altcoins like Remittix appeared first on Invezz

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