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Cardano, Dogecoin and Solana Massively Oversold But Is This New Altcoin A Better Bet For 200% Gains In March?

The crypto market remains in the corrective phase, with Cardano, Dogecoin, and Solana looking oversold in the past week. Having lost the November bullish momentum, several events in the past weeks have not been favorable. From the issue of the Canada and Mexico tariff to the Bybit hack and now to the upcoming 25% tariff for the European Union, the crypto market has faced a turbulent February. 

However, this turbulence doesn’t look to affect presale gems like Remittix, which has surged by over 1,000% in the past weeks. Analysts attribute the rising momentum of the new DeFi project to its cross-border payment platform, designed to allow for the easy conversion of crypto to fiat, solving the age-long issues traders have faced in exchanges. This has put RTX among the top altcoins on investors’ watchlists. 

Cardano Price Analysis — Can ADA Retest the $1 Mark in March?

Cardano’s price has suffered a setback in recent weeks in its quest to retest its all-time high of $3.10, which has stood since September 2021. As per CoinMarketCap, Cardano’s crypto price has dropped by 30% and 15% in the past month and week, respectively. This massive decline has seen ADA’s price fall from $1 recorded in January to less than $0.70. 

Source: CoinMarketCap

This comes amid a massive whale selloff that started earlier in the month. According to Ali Martinez, Cardano whales have offloaded over 170M ADA tokens in the past few days. In the Cardano price analysis on X, Ali maintained that the Cardano token price needs to stay above the $0.68 support zone to stand a chance of reversal. 

Source: Ali Martinez on X

Another analyst, CryptoBullet, however, thinks that Cardano’s correction looks complete. In the Cardano price prediction, the analyst projects a rise to $1.80. So far, Cardano market indicators are negative, with the price below the 50-day SMA ($0.86). However, with the altcoin looking oversold, a resurgence is likely in the coming days, which might trigger a rally.  

Dogecoin Price Prediction — Can DOGE Still Hit $1 in 2025?

Dogecoin, the popular dog-themed meme coin, has experienced high volatility in the past week, pushing the top meme coin into the bear zone. According to market stats, Dogecoin’s price has dipped by 37% in the 30D timeframe, with the altcoin facing the difficult task of holding onto the $0.20 support zone. 

Source: CoinMarketCap

According to Ali Martinez, if the Dogecoin price drops below the $0.19 support zone, it could slide further to $0.060. However, with the meme coin looking oversold, Ali, in the recent Dogecoin price analysis, projects a rebound. The analyst noticed that the TD sequential indicator in the 1D timeframe is flashing a buy signal. 

Source: Ali Charts on X

Crypto analyst Rose Premium Signals, in a tweet on X, thinks that a breakout above $0.29 could trigger a new uptrend toward a long-term target of $0.50 and $0.60. However, even with the positive Dogecoin price prediction, the market sentiment is bearish, with Dogecoin Open Interest also declining. Given the rumors of a potential Dogecoin ETF approval in 2025, a rally to $1 is possible soon. 

Can Solana Recover From the Negative Market Sentiment in the Coming Weeks?

Ranked one of the top blockchain networks, Solana has faced criticism in recent weeks. Among the major issues is the Libra token saga, which saw investors lose millions with rumors of insider manipulations. According to on-chain tracker, Lookonchain, FalconX deposited 340,000 SOL ($46.8M) into Coinbase, Binance OKX, and Bybit in a series of sell-offs that started since the Libra saga. 

Source: Lookonchain on X

This has negatively impacted the Solana price. The altcoin, which surged to an all-time high of $294 in January, has retraced below $140, with the Solana market volume also witnessing a significant dip. As per Coinglass, the Solana Open interest has dipped by 32% over the past month, dropping from an all-time high of $6.39B to $4.30B, suggesting low investor interest. 

 

Source: Coinglass

However, some analysts think that Solana has almost hit the bottom and is due for a reversal. In a tweet on X, TraderSZ thinks that the next Solana crypto rally will push the price above $212, while Trader Tardigrade projects a reversal from the current level. With the first Solana ETF getting listed in DTCC, if the ETF is approved by the SEC, the SOL price might hit $500 in 2025. 

Source: TraderSZ on X

Remittix Price Prediction — Market Watchers Anticipate a 200% Rally in March

Remittix, the new cross-border payment platform, has continued to make waves in the DeFi market, with thousands joining the project. So far, over 16,000 people have joined the project, and the number could rise as high as 30,000 before the end of the presale. The presale has also broken records, with over 505M tokens sold and more than $12.9M raised in funding. 

Sold for just $0.0671, investors who joined the project early have made over 1000% in profit even as the general crypto market battles the bear trend. This ranks Remittix as one of the top DeFi coins in the market. Analysts believe that the surging presale momentum will continue in March, with high chances of 200% rallies in the coming month. 

Among the factors driving Remittix’s growth is the cross-border payment platform, designed to allow users to convert over 40 different cryptos into fiat currency and send them to any global bank at no hidden fees. Leveraging local payment networks and blockchain technology, Remittix ensures faster transaction processing, unlike traditional financial institutions which take days. 

With features like the Remittix pay API, businesses can use the platform to receive payment from customers in cryptos and settle transactions in fiat. The platform’s robust security architecture ensures that all transactions are stored in a public ledger, eliminating issues of manipulation and fraud. With the surging momentum, RTX represents one of the best altcoins to invest in at this early stage.

The Best Altcoin for Massive Returns in March

Although Cardano, Dogecoin, and Solana are showing signs of a reversal, the chances of experiencing a major rally in March are slim as the general crypto market continues to battle with macroeconomic developments like the upcoming US tariff on the European Union. However, Remittix has defied this news in the past month, showcasing its strength. With the rising adoption, a 200% rally is possible in March, making it the best altcoin to buy for investors looking for short-term returns. 

You can find more information about Remittix (RTX) here:

Website: Remittix

Telegram: Join Our Telegram Community

Twitter: Follow Us On X

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

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