Crypto markets are showing mixed signals this week as Pi Coin (PI) continues its downtrend, testing critical support levels amid rising selling pressure. Meanwhile, Cardano (ADA) quietly gains traction with growing open interest hinting at renewed bullish sentiment.
On the other hand, viral altcoin Remittix (RTX) is grabbing attention for its real-world crypto-to-fiat payment solutions, rapid adoption, and a $20 million milestone that could propel it toward mainstream success.
Pi Coin Price Could Test August Lows
Pi Network (PI) continues to slide, edging lower by over 1% at press time as selling pressure mounts. The mobile mining token now tests the $0.3442 support level, with traders eyeing its record low at $0.3220. PiScan data shows the Pi Foundation moved 500 million tokens from its #14 wallets in five separate transactions, fueling fresh Pi Coin News and increasing social chatter.
The market is reacting cautiously, with the RSI at 38 signaling extended room for correction and the MACD hinting at a bearish crossover. A rebound could see Pi Network Price today retesting the 50-day EMA near $0.4202, but downward momentum dominates.
Analysts warn that if the token falls below the current support, the downtrend could accelerate toward $0.2567. Pi Network Price Prediction remains under scrutiny as investors watch for stabilization. Meanwhile, interest in viral altcoins like Remittix is surging, offering a practical alternative for long-term growth.
Cardano Maintains Steady Momentum Amid Market Noise
Cardano has quietly been gaining momentum, even as broader markets see mixed action. The ADA price has held strong above $0.8, while Cardano open interest continues to climb, reaching $1.87 billion on August 18, a new all-time high according to Coinglass. This shows growing engagement from traders and hints at bullish sentiment.
Daily open interest has averaged around $1.5 billion, signaling sustained attention on the ADA price today. Analysts suggest that if the current support holds, ADA Price Prediction points toward $1 and possibly higher. Key Fibonacci levels to watch include $1.01, $1.1405, and $1.27-4, providing targets for potential upward movement.
A sharp decline in open interest, however, could put pressure on the ADA price. Cardano News highlights that traders remain optimistic amid steady market participation. Meanwhile, attention on viral altcoins like Remittix is drawing new investor interest away from traditional large-cap tokens.
Remittix Expands Opportunities For New Investors
Remittix is redefining crypto-to-fiat payments with a seamless experience for users and businesses. The platform allows instant transfers to bank accounts in over 30 currencies, bypassing traditional banking delays.
Remittix is built on blockchain technology. This ensures that transactions are fast, secure, and low-cost. The Remittix Wallet will enter beta testing on September 15th, 2025, with a select community gaining early access.
Surpassing the $20M milestone with ease signals the first centralized exchange listing. BitMart will list $RTX, offering:
- Increased liquidity and global access
- Opportunity for thousands of new investors
- A major step toward mainstream adoption
- Enhanced usability for cross-border payments
This listing is the first of many planned as Remittix continues to grow.
Discover the future of PayFi with Remittix by checking out their project here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Reporter at Coindoo
Source: https://coindoo.com/pi-coin-price-slumps-further-cardano-latest-news-everything-to-know-about-viral-altcoin-remittix/