AVAX And Cardano Price Break Key Resistance, Can They Follow RTX’s Massive Gains

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The crypto market is showing renewed signs of life. Established Layer-1 blockchains, Avalanche (AVAX) and Cardano (ADA), are displaying significant strength by breaking through key resistance levels. This bullish price action has investors excited about potential further upside.

However, as these giants climb, the question arises: can they replicate the kind of explosive percentage gains demonstrated by newer, high-potential projects like Remittix (RTX)? It has already delivered impressive returns during its presale phase.

Remittix (RTX) Sets the Pace with Presale Gains

While AVAX and Cardano generate excitement with their breakouts, Remittix (RTX) has already showcased explosive growth potential during its presale. Starting at $0.015 and currently priced at $0.0757, RTX has delivered gains exceeding 400% for its earliest backers. This impressive performance isn’t just hype. It’s fueled by strong fundamentals and a clear utility addressing the massive $100T+ cross-border payments market.

Remittix’s innovative PayFi protocol simplifies sending fiat globally using crypto, offering speed and low costs (1% fee, 0% FX). Having already raised over $14.5 million, the project clearly resonates with investors seeking solutions to real-world problems.

Features like high staking rewards (up to 18% APY), zero transaction taxes, a BlockSAFU security audit, and a non-custodial wallet add further value, suggesting its presale success is just the beginning.

🔥 DON’T MISS OUT 🔥 REMITTIX ($RTX) 🔥 The Future of Cross-Border Payments with Crypto!

Can AVAX Rally Towards $28?

Avalanche (AVAX) has recently energized the market, decisively breaking free from multi-month descending resistance. Now consolidating around $20.42, AVAX showed strong buyer conviction by reclaiming key levels after a swing failure pattern. Confirming a higher low above this flipped resistance is now crucial for a sustainable uptrend.

Positive signs include a 169% surge in large transaction volume, indicating renewed whale interest, alongside positive community sentiment. If this bullish structure holds, analysts eye targets around $25.15. It could also reach $28.70 or even $31.40.

AVAX’s robust ecosystem, featuring popular subnets for DeFi and gaming, supports this potential. However, a definitive daily close above the $21 threshold is essential to validate the next major upward move for AVAX.

Is AVAX going towards a daily close of $21? Source: CoinMarketCap

The Cardano Price Surges, Does It Eye $1 and Beyond?

Cardano (ADA) has captured attention with a powerful surge. Its price broke key resistance to trade above $0.70 on significant volume—a jump of over 10% in 24 hours. That marks a bullish reset after April’s dip below $0.56. Technicals like a potential double bottom near $0.50 supported this surge. The current Cardano price action fuels optimistic forecasts.

Analysts see a path to retest $1 if ADA holds above the $0.73-$0.77 resistance zone. Ambitious longer-term projections even suggest potential moves towards $4 or $7 based on historical patterns.

However, while the Cardano price shows strong upward momentum, achieving these higher targets hinges critically on sustained whale accumulation rather than profit-taking. The outlook for the Cardano price is positive but depends heavily on continued buying pressure. That makes the Cardano price reaction near $1 quite essential to watch.

SOL jumped over 10% in less than 24 hours. Source: CoinMarketCap

Comparing Potential: Can AVAX and ADA Match RTX?

While recent AVAX and Cardano breakouts signal renewed strength and potential further upside towards analyst targets, achieving another 500% gain is challenging given their large market caps. Gains to levels like $28 (AVAX) or $1+ (Cardano) represent smaller percentage increases compared to RTX’s presale surge.

Remittix, being early-stage with a low entry point targeting a massive market, arguably holds greater potential for future exponential percentage growth, making it difficult for the established AVAX and Cardano to match its high-percentage gain prospects from current levels.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not, endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

The post AVAX And Cardano Price Break Key Resistance, Can They Follow RTX’s Massive Gains appeared first on The Market Periodical.

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