Ethereum (ETH) is currently stuck in a narrow range after failing to surpass the $4k resistance. Its poor price movement has left investors looking for the next big thing. IntelMarkets (INTL) is the latest DeFi project making waves in the crypto market.
Its price has risen by over 810% and could soar by 10x in the coming months as adoption rises. IntelMarkets seeks to revolutionize the crypto trading space using AI technology and other advanced trading tools. Meanwhile, Cardano (ADA) might be up for a trend reversal. Analysts say its value could pump to $1 in the next few days.
Ethereum (ETH) Rally Depends on Surpassing Major Barrier
Ali Martinez believes the Ethereum coin is getting set for a major uptrend. The analyst noted that the altcoin price could skyrocket to $7,400, $10,000, or even $14,000 in the coming months but on one condition.
According to Ali, Ethereum (ETH) must cross the resistance at $4,000. This level has been a tough nut for the cryptocurrency in the past few weeks. However, this could change soon as positive sentiment returns to the Ethereum crypto market.
In another tweet, Ali revealed that there has been a shift in ETH’s MVRV Momentum. The analyst noted that such shifts led to trend reversals in the past. In the meantime, the Ethereum crypto price is consolidating along the $2k range.
CoinMarketCap data indicates its price has dropped by 18.7% in the past month. This massive downtrend shows the Ethereum coin would battle strong resistance on its way to new price levels. Technical indicators like the relative strength index which is below 50 show that bears are in control.
IntelMarkets (INTL) Emerges As a Top DeFi Project To Watch
IntelMarkets (INTL) is emerging as one of the most popular new projects in the market today. It combines AI and DeFi to form a platform that can revolutionize the $36.4 billion crypto trading market. IntelMarkets is a trading platform where traders can tap into AI tools without any charges.
These high-grade tools were earlier used only by institutional investors who have large funds. Fortunately, IntelMarkets is going to deliver them to the hands of the retail traders. IntelMarkets is the first exchange protocol that has applied AI at all levels of its hierarchy.
AI is very effective and efficient to the users to enable them to get more profits. One of them is the Rodeum-based AI trading bot. This bot is self-learning in nature. It can adapt from the previous mistakes made and get better with every trade made. It can also mimic the strategies of the experts and their respective risks.
Currently, IntelMarkets is in the ninth stage of the blockchain ICO, and the price of one token is $0.082455, following a price pump of over 810%. The DeFi project has attracted over $8.2 million in funding.
Cardano (ADA) Could Reclaim $1 Soon
A top analytical platform called CoinBerau has dropped a bullish Cardano price prediction. They believe the value of ADA might pump to $1.25 soon. BullishBanter, another analyst, reiterates a similar prediction. The analyst says that the Cardano coin is getting set for a massive price reversal.
Bullishbanter forecasts a mid-term price target of $1 in the coming weeks. Meanwhile, Ali Martinez notes the Cardano price might pump to a new peak soon. However, he said the DeFi coin must remain above the $0.81–$0.67 support level for this to happen.
Right now, the Cardano price is down 23.3% on the weekly timeframe and 27.5% on the monthly level. It is one of the top crypto coins that is attempting to break out of bearish grip.
Technical indicators like the relative strength index show that ADA might have hit rock bottom. The indicator is currently at 28 which is the oversold region. So, we might see some uptrends soon.
Why IntelMarkets is Currently the Best Crypto To Buy
While Ethereum (ETH) faces great resistance, IntelMarkets Intelli-M™ and dual-chain features position it as one of the best altcoins to buy now. The crypto trading platform has captivated the attention of investors, giving them huge gains on their investments. The price of the INTL coin is expected to rise by 11x by the end of its presale.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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