Whales Target ADA Amid Bearish Sentiment and RTX's Bullish Surge

Cardano (ADA) remains in a volatile trading range as investor attention shifts toward projects with high-growth potential, particularly Remittix (RTX), which has drawn significant inflows from investors chasing projected 60x returns. ADA is currently trading around $0.84, facing critical resistance levels between $0.83 and $0.86, where sellers have shown strong reluctance to allow a breakout. Analysts such as Dan Gambardello have emphasized the importance of a risk score model to determine exit points, with 75 marking a high-risk threshold for ADA. At present, Cardano holds a risk score of 36, which Gambardello classifies as a “moderate buy,” indicating that the asset is still in a pre-bull market phase. However, with ADA’s risk score historically reaching as high as 86 and 93 in previous cycles, investors are advised to remain cautious of rapid upward moves and prepare for structured exits [1].

Meanwhile, ADA’s retail sentiment has turned bearish, with a bullish-to-bearish commentary ratio of 1.5:1, the lowest in five months. Despite the pessimism, ADA’s price rebounded by 5%, signaling potential for a local bottom. Analysts suggest that whale activity may be increasing amid the retail selling pressure, as has been observed in other cryptocurrencies. The divergence between bearish sentiment and price action could indicate an opportunity for longer-term investors to accumulate ADA at favorable levels [2].

In contrast to ADA’s mixed signals, Remittix is gaining traction among both retail and institutional investors. The project has raised over $23.7 million through the sale of 643 million tokens at $0.1030 each. Recently, RTX announced its first centralized exchange (CEX) listing on BitMart, followed by a listing on LBank, enhancing its liquidity and global reach. The project’s upcoming beta wallet, set to launch on September 15, 2025, is expected to drive further adoption by enabling cross-border crypto-to-bank transfers across 30 nations and supporting over 40 cryptocurrencies and 30 fiat currencies. Analysts project that RTX could deliver up to 11,000% gains by March 2026, driven by its real-world utility and expanding market presence [3].

Remittix is differentiating itself from other high-profile altcoins like Solana and Ripple by focusing on cross-border remittance solutions in a $19 trillion global payments market. Unlike speculative or liquidity-driven projects, RTX is building a deflationary tokenomics model with utility at its core, including real-time FX conversion and a mobile-first user experience. The project has also launched a $250,000 community giveaway to reward early adopters, further fueling investor interest [3].

Cardano’s longer-term prospects remain optimistic, with Gambardello forecasting potential moves to $15 in future cycles, based on the network’s improving fundamentals and governance milestones. However, the immediate challenge for ADA lies in overcoming key resistance levels and regaining bullish momentum amid thin trading volumes. For now, Remittix appears to be capturing investor sentiment and capital inflows more effectively, particularly as it nears critical product milestones and listings [1][4].

Source:

[1] Cardano Bull Reveals When He'll Start Selling His ADA Bag (https://thecryptobasic.com/2025/09/05/cardano-bull-reveals-when-hell-start-selling-his-ada-bag/)

[2] Cardano's Bearish Retail Crowd Hands Whales a Buying Window (https://www.coindesk.com/markets/2025/09/06/cardano-s-bearish-retail-crowd-hands-whales-a-buying-window)

[3] Remittix Has More Potential Than Solana And Ripple In 2025 (https://www.mitrade.com/insights/news/live-news/article-3-1085088-20250901)

[4] Cardano Price Faces Continued Pressure While Remittix Targets 11,000% Growth By March (https://crypto-economy.com/cardano-price-faces-continued-pressure-while-remittix-targets-11000-growth-by-march/)