With the recent upsurge in the crypto market, a top analyst called Eilert says the ADA price could rise to $4. Meanwhile, smart investors are turning to a new AI coin called IntelMarkets. Soaring on the massive interest in AI technology, the price of IntelMarkets (INTL) has risen by 810% in the past few months.
IntelMarkets is an AI-based platform that provides traders with advanced trading tools and a smooth trading experience. As the AI fever continues to grow and adoption rises, IntelMarkets price could skyrocket by 20x in the coming months, rivaling top altcoins like Ripple (XRP).
Cardano (ADA) Struggles To Rebound; Indicators Stay Bearish
The ADA price has been in a consolidation phase after dropping by over 25% over the last 30 days. CoinMarketCap data shows the ADA price has been consolidating between $0.65 and $0.77 in the past week.
Amid the downtrend, the technical indicators of the Cardano coin are now bearish. The relative strength index has fallen into the oversold region, signifying high selling pressure among investors. If the bearish sentiment continues, the ADA price could drop to lower levels in the next few weeks.
On the other hand, Eilert forecasts the ADA price could pump to $4 soon based on historical trends. He said the ADA price movement this year mirrors that of its last cycle. The cryptocurrency usually went through a bear market before soaring to a new high.
Eilert believes the ADA price could follow the same trajectory this cycle. Another analyst, Mr Brownstone, says the DeFi coin has completed wave three corrective structure and could pump to $1.33 soon.
Ripple (XRP) Price At A Crossroad
A top trader called Dom has dropped their XRP price analysis on X. The trader noted that the market is currently indecisive and that prices could go in either direction depending on market conditions. According to Dom, the XRP price is trading in the middle of value.
Looking ahead, the analyst forecasts the XRP price might pump to $2.70 if it crosses the $2.50 resistance. In the case of a downtrend, Dom says the XRP price falling under $2.30 could trigger a downtrend to below the $2 price level. The XRP price has fallen by 7.1% on the weekly timeframe.
CoinMarketCap data indicates the XRP price has been trading at the $2.30-$2.50 range in the past few days. Despite the negative XRP price trajectory, we might see an uptrend in the coming weeks if market sentiment improves or a Ripple ETF is approved.
IntelMarkets (INTL) Merges DeFi and AI Technology for Smart Trading
IntelMarkets (INTL) is set to revolutionize the market through the integration of AI and DeFi to create a trading platform that is quickly gaining the attention of the market. This integration makes it more efficient, secure, and scalable, which is a new benchmark in the crypto trading market.
Accompanying this is the use of self-learning trading bots. These bots are trained on over 100,000 data points, which means that they can analyze a large amount of market data in real time.
They are able to analyze past trades and the current market situation and implement a strategy with a high level of accuracy and little influence from emotions. The features of IntelMarkets have been described as innovative and have attracted the attention of many investors.
The ongoing crypto ICO has been impressive, with the platform raising more than $8.7 million. Currently priced at $0.082, the value of the INTL coin could rise by 20x in the coming months after its listing on top centralized exchanges.
IntelMarkets, The Best DeFi Project To Invest In Now
As the ADA price targets the $4 level, IntelMarkets is gaining investors’ interest with its unique AI trading platform and skyrocketing presale figures. This Ripple competitor has the potential to grow 20x in the future and could be the DeFi project that transforms the trading industry. The ongoing presale is the best opportunity to get the coin at a low cost before prices skyrocket.
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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