The crypto market is heading to a bullish phase as Cardano's (ADA) historic price action suggests a move to $6. Dogecoin (DOGE), a top memecoin, could touch $3 in the upcoming bull run.
On the other hand, an AI coin called IntelMarkets (INTL) could become the next big thing in the crypto space. Analysts forecast the value of IntelMarkets could surge to $1 in the coming months.
Top analyst Ali Martinez has weighed in on the ongoing downtrend on the Cardano price chart. He argued that Cardano (ADA) is mirroring its price movement from 2020. Martinez maintained a bullish stance as he promised to keep buying the dip.
The analyst forecasts the value of the Cardano token could rise to $4 and $6 in the long run. Interestingly, Martinez is not the only expert who has given such a prediction.
ALLINCRYPTO also predicted the value of the Cardano coin could pump to $6 in the next few months. According to them, the DeFi token could be mirroring its price movement from previous cycles. In the meantime, the cryptocurrency's price is consolidating between $0.9828 and $1.28, per CoinMarketCap.
Its 14-day RSI is above the midline, signaling bulls still have the upper hand. The Stoch RSI (14) is also in the buying territory, a sign an uptrend could begin in the coming days. Going forward, Cardano (ADA) has to surpass the resistances at $1.148071, $1.289335, and $1.388937 to continue its upward movement.
Ali Charts believes we are in the Dogecoin (DOGE) bull cycle. He sees the downtrend as a good opportunity for investors to accumulate more DOGE. According to him, his target for the Dogecoin crypto remains $3. In the short run, analysts like Corgil forecast the value of the memecoin could rise to $0.65 in the coming weeks.
Another analyst called BALO gave a similar prediction in their chart. The chart showed the Dogecoin token price soaring to $0.65 before falling to $0.5 and then pumping to $1. At the moment, the Dogecoin price USD is consolidating between $0.3987 and $0.4758. CoinMarketCap data shows it has dropped by 2.4% on the weekly level.
Yet, DOGE has soared by 82.3% on the monthly level and 310.9% on the yearly timeframe. Dogecoin's (DOGE) Fear and Greed Index is currently showing Greed, which is a sign that investors are still bullish about it despite the downtrend.
IntelMarkets (INTL) is a relatively young crypto trading platform in the market that is set to outshine other top players. This new DeFi project plans to achieve this using AI trading tools and blockchain technology. One of the platform's tools is the Rodeum AI-based trading bot that can monitor price movements.
The AI bots can follow users' trading strategies and adapt to market changes. Furthermore, IntelMarkets has other features that make it stand out from the competition. They include fast transactions, low fees, high liquidity, 1000x leverage, etc. The project also has a copy trading feature that new traders can use to make profits.
All they have to do is copy the trades of experts with good track records. With these features, IntelMarkets is preparing to disrupt the $36.5 billion global crypto trading market. It is currently in the presale phase, which provides users a chance to join IntelMarkets.
The platform's native token, INTL, has increased by more than 600% to reach $0.064091. Experts expect a 10x surge in the coming weeks. Meanwhile, IntelMarkets has raised over $4 million during its crypto ICO. $360,000 had been raised in the early funding, apart from the $500,000 from the Fortune 500 investors.
Cardano (ADA) could reach $6 soon. Dogecoin (DOGE) is preparing for a $3 surge, while IntelMarkets might pump to $1 in the coming bull run. Such potential gains make them the best altcoins to watch now.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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