Cardano (ADA) is facing pressure as it has fallen nearly 15% in a week, currently priced below key resistance levels.
ADA holders anticipate a return to $3, while Rexas Finance (RXS) emerges as a strong competitor, showcasing potential growth during its presale phase.
ADA is trading at $0.5677, with key support at $0.52 and resistance at $0.60. Technical indicators suggest a bearish outlook for ADA.
Rexas Finance (RXS) is gaining momentum with a focus on asset-backed utility tokens, currently in its presale stage and attracting significant investor interest.