XRP News Today: ADA's $0.80 Lifeline: Can Whales' Sell-Off Spark a Bullish Comeback?

ADA, the native token of the Cardano (ADA) blockchain, is currently trading near $0.83, with bulls defending the critical $0.80 support level [3]. Analysts are closely monitoring whether the price can sustain momentum above $0.85 to unlock further upside potential, with the $0.95–$1.00 range representing a major breakout target. The monthly chart indicates ADA has held firm above the $0.68–$0.70 base for an extended period, suggesting a consolidation phase that could precede a stronger bullish move [3].

Over the past 90 days, ADA has outperformed several major altcoins, posting gains of nearly 25% and edging past SUI and TRX in performance metrics [3]. This steady climb has drawn attention from traders and investors, with some viewing it as a potential catalyst for a more bullish Cardano price prediction. However, the token is currently navigating a delicate balance, as it remains near key support levels and faces resistance at higher price points.

The TD Sequential indicator has flashed a buy signal on the daily chart for ADA, suggesting a possible rebound toward the $0.90–$1.00 range [3]. Price is currently hovering just above the $0.80 support zone, and if buyers hold this level, ADA could attempt a recovery attempt. A push through $0.90 would strengthen the case for sustained upside momentum, especially if the broader market environment supports a move toward the $1.00 psychological barrier.

Despite these technical indicators, the ADA narrative is not without risks. Recent data suggests that large investors—often referred to as "whales"—have been liquidating large volumes of ADA, with reports indicating a dump of 30 million tokens [4]. While the implications of this activity remain unclear, it has sparked speculation about whether this is a sign of a potential rug pull or the prelude to a significant price bounce. Institutional selling at this scale can create short-term volatility and may signal a shift in market sentiment toward the token.

Meanwhile, Remittix (RTX), a new PayFi altcoin, is gaining traction as a potential alternative to larger players like Solana and Ripple (XRP) [1]. The project has raised over $23 million in its presale and is preparing for the launch of its beta wallet in Q3 2025. This wallet aims to facilitate instant crypto-to-bank transfers in 30+ countries, with support for over 40 crypto assets and 30 fiat currencies. The real-world utility of Remittix has attracted investors seeking tangible applications over speculative plays.

Compared to ADA and XRP, Remittix is targeting the $19 trillion global cross-border payments market, offering a deflationary token model and a focus on compliance and security [1]. As centralized exchange listings on BitMart and LBANK expand its reach, $RTX is emerging as a formidable contender in the PayFi space, especially among investors who prioritize utility over hype.

Given the broader altcoin landscape, ADA remains a key player with strong fundamentals and a growing user base. However, the emergence of projects like Remittix highlights a shift in investor priorities toward real-world applications and tangible value. As the market continues to evolve, ADA’s ability to maintain its momentum above $0.85 will be a crucial factor in determining its next major price movement.

Source: [1] Remittix Has More Potential Than Solana And Ripple In ... (https://www.mitrade.com/insights/news/live-news/article-3-1085088-20250901) [2] XRP Price At $2.80 Fails To Hold Support While Analysts ... (https://www.trotterinc.com/markets/stocks.php?article=worldnewswire-2025-9-5-xrp-price-at-280-fails-to-hold-support-while-analysts-predict-remittix-could-deliver-5500-gains) [3] ADA Flashes Buy Signal as Bulls Defend $0.80 Support Zone (https://bravenewcoin.com/insights/cardano-price-prediction-ada-flashes-buy-signal-as-bulls-defend-0-80-support-zone) [4] Cardano Price Prediction: Whales Dump 30 Million ADA (https://cryptonews.com/news/cardano-price-prediction-whales-dump-30-million-ada-rugpull-or-big-bounce-coming/)