Cardano (ADA) and Dogecoin (DOGE) Drop to Double-Digit Losses as Experts Reexamine Their Structures

The broader crypto market has experienced a massive sell-off with record liquidations in the past three days. This saw many top altcoins like Cardano (ADA) and Dogecoin (DOGE) drop to double-digit losses.

The broader crypto market has seen a massive sell-off with record liquidations in the past three days. This led to double-digit losses for many top altcoins like Cardano (ADA) and Dogecoin (DOGE). Many traders believe this downturn is an adverse reaction to the recent tariff war between the US, China, Mexico, and Canada. As DOGE and ADA prices navigate critical support levels, market participants reexamine their technical structures to determine their future trajectories.

However, while experts speculate whether these existing giants have upside potential in this cycle, Remittix (RTX) might reach a significant milestone sooner. This new DeFi project redefines international transactions and solves real-world problems. As the market continues to witness a gradual correction on the upside, Remittix might be the go-to platform for anyone seeking high returns and reliability in cross-border payments. Let’s find out the possibilities!

Cardano’s ADA Delays the $3 Price Prediction

Since hitting an all-time high of $3.099 in September 2021, Cardano’s ADA has struggled to rally to these levels for the last three years. However, from late December and early January 2025, Cardano’s price recorded impressive rallies, peaking at highs of $1.3186, sparking speculation that the altcoin might have been on track for a massive bull run. Many of them expect the token to top $5 this year.

However, ADA price action in the last few days indicates increased sell-off pressure, with buyers missing out on action. Notably, Cardano support levels are likely to be tested, with an immediate support base at $0.65. ADA bulls must hold gains above these levels to trigger a recovery. A breach below this level will trigger a quick drop towards $0.50. Its technical indicators align with these bearish trends. This suggests that the ADA’s bullish momentum is over, and sellers have become active and might dominate for a while.

If the weekly candlestick closes in the red zone, it will confirm that ADA bears have taken control of the market. Recent Cardano upgrades, partnerships, and integration haven’t renewed investor optimism since the altcoin has not increased significantly. Some experts have remained optimistic, suggesting it could break the $1.9 barrier soon. However, it will highly depend on the overall crypto market recovery and increased buying interest from ADA investors.

Dogecoin Price Targets $0.706 Level

Dogecoin (DOGE), often associated with Elon Musk, recorded a nearly 15% decline weekly and hovers below the $0.300 level. The recent sell-off has coincided with broader crypto market turbulence, with BTC, ETH, and XRP attempting to recover after a string of losses. Dogecoin’s technical indicators indicate that DOGE’s price has remained in bearish territory. Notably, Musk’s influence over Dogecoin price has been debated, with social media activity often driving price fluctuations.

However, a surprise increase in whale transactions above the 200-day moving average has signaled strong accumulation. Past patterns suggest that when whales increase buying activity after a steep correction, DOGE’s price rises significantly in the following weeks. Market participants have identified a potential factual pattern in Dogecoin’s price action. The expert shared a chart comparing DOGE’s past rallies with its current structure.

He indicated that history could repeat itself. Dogecoin’s bounce off the 200-day SMA might have triggered a price surge. In early 2024, DOGE crypto followed a similar pattern, consolidating before a sharp breakout. If the fractal holds, the DOGE price could steer toward the 1.618 Fibonacci extension level, hitting roughly $0.706. Traders closely monitor whether the 200-day SMA will become a strong support again, potentially fueling another rally toward the projected target.

Remittix Ignores Market Dip, Heads Towards a Major Milestone

While Dogecoin and Cardano have captured the spotlight for their bearish trends, Remittix (RTX) shines for its presale frenzy. RTX’s price performance has risen by over 259% to a current price of $0.0539 (up from the $0.015 initial offering) and has raised almost $11 million in funding. The driver behind its impressive presale momentum is its unique PayFi approach to solving some of the inherent cross-border payment inefficiencies.

The platform has simplified fiat transactions by merging the speed of blockchain with the everyday reliability of local payment networks. Remittix enables users to convert over 40 crypto assets into different fiat currencies, which can be deposited directly to any bank account worldwide. Remittix has bridged the gap between traditional and decentralized finance by allowing seamless crypto-to-fiat transactions and providing a smooth experience.

This has eliminated the need for complex banking infrastructure, guaranteeing faster, cheaper, and safer cross-border transfers for