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Solana, Cardano and XRP Slide as Remittix Extends Its Winning Streak

The post Solana, Cardano and XRP Slide as Remittix Extends Its Winning Streak appeared com. Solana, Cardano, and XRP are once again under serious pressure this week, as investors brace for more swings in the market. While these major altcoins are trying to find their footing, Remittix keeps stealing the spotlight. This PayFi token continues improving with new listings strong growth, and a real-world use case that is already turning some heads. In a sea of uncertainty, Remittix (RTX) is trying to prove that real utility still beats temporary hype. Solana Price Outlook Shows Consolidation Phase Ahead The price of SOL has dropped to around $186, charting a loss of around 3. 6% amid a weak broader market. Even with over $117 million in ETF inflows from Grayscale and Bitwise, SOL’s price today remains well below the $200 level, suggesting that traders are cautious. The rally that followed the news of the ETF has apparently cooled down as institutions are seemingly taking profits. Technical indicators are also relatively mixed, with the RSI sitting at 47 and MACD currently in negative territory. Data also shows reduced holding among long-term investors, which also suggests some mild profit-taking. For now, SOL’s price action remains rather neutral, according to the popular analyst Ali Martinez. Traders are closely watching the $192-$206 range. Any move beyond that would open the door to $237, whereas any fall would direct the prices to $182. Cardano Price Struggles To Hold Key Support Amid Market Downturn The Cardano (ADA) price is trading near $0. 61. So far, it the buyers have been able to defend the crucial support of $0. 58 successfully. Analysts believe that a break below it may result in the ADA price falling to as low as $0. 54 or even less. Most of the analysts remain cautious, even as the project rolls out governance upgrades under the Voltaire model. The current price action points to.