Analysts warn of Cardano and Solana price crash: how traders are hedging

• Analysts warn of bearish momentum for Cardano (ADA) and Solana (SOL) despite 2024 gains.
• ADA struggles below $0.90; SOL sees sell-offs and weakening volume.
• Traders are shifting profits into smaller tokens to hedge against corrections.

Crypto analysts believe Cardano and Solana may see a bearish momentum within the next few weeks. Both coins have seen big gains in 2024.

But now, the charts are flashing danger. Cardano (ADA) is stuck below key resistance. Solana (SOL) is facing sharp sell-offs after every pump. Traders are getting nervous.

Many are now looking for ways to protect their profits. The answer? Moving funds into smaller tokens with growth potential.

Cardano and Solana are losing momentum fast

Chart showing the price of ADA

Cardano has been hovering around $0.78 to $0.85. Every time it nears $0.90, sellers step in hard. Solana also faces trouble. It is experiencing weak volume signals with more downside ahead.

Big traders can see these patterns, and they know a deeper correction is possible. Many of them aren’t waiting for a crash to react. They are shifting some of their funds into smaller, up-and-coming tokens.

These tokens carry risk, but they also bring big rewards. The goal is to hedge. If ADA and SOL dip, these smaller plays can keep portfolios afloat.

One token grabbing attention now is Remittix (RTX).

Why Remittix is the popular hedge play right now

Remittix is gaining steam because it offers real-world use. It connects crypto directly to bank accounts with low fees.

While Cardano and Solana focus on blockchains, Remittix is solving payment problems.

Remittix use case means that it can still pump even if top altcoins fall. Here’s why Remittix is a great hedge token:

• Instant crypto-to-bank withdrawals with $1 flat fees.




• PayFi technology linking blockchain to traditional banking.




• Deflationary tokenomics with a burn mechanism.




• CertiK-audited smart contracts.




• Ongoing $250,000 community giveaway.

Will Cardano and Solana recover?

No one is writing off ADA or SOL. Both projects have strong communities and long-term plans. But markets run on momentum. Right now, Cardano and Solana are lacking it. Their prices could stay stagnant or even drop in the short term.

That’s why traders are playing it safe. They’re not fully exiting ADA or SOL. They’re just diversifying into plays like Remittix. If ADA and SOL recover, they win. If they crash, Remittix can cover losses.

Takeaway: traders are hedging now before it’s too late

Cardano and Solana are strong projects, but their prices are under pressure. Traders are not waiting to see how bad it gets.

They are hedging now. Moving capital into early-stage tokens like Remittix gives them a safety net.

In crypto, timing plays a big role in who wins, and how much profit investors can make. Act now before it is too late.

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

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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