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While the crypto market continues to struggle with yet another bearish trend, wise investors are now looking at new DeFi projects like IntelMarkets (INTL). The AI trading platform which is in the presale stage has seen up to 800% gains and raised $7.8 million in funding.
This AI coin has the potential to rise by 10x, making it popular among whales and retail investors. Meanwhile, the prices of Solana (SOL) and Ethereum (ETH) have dipped in the weekly timeframe.
Over the past seven days, the price of Solana (SOL) has dipped by 9.6% in the weekly timeframe. It is part of the top altcoins that have suffered a price correction due to the recent downtrend in the market.
CoinMarketCap data shows the Solana coin is consolidating between $221.95 and $269.26 on the weekly timeframe. Coinvo notes the Solana price could increase to $400.
However, the cryptocurrency has to break past resistance around the $250-269 region. Another analyst called James posted a similar prediction to Coinvo. He noted the Solana crypto price is forming a cup-and-handle pattern on the three-year chart.
Such a breakout could push the value of the cryptocurrency to $500. Presently, the relative strength index has remained above the 50 mark which is a sign that bulls are fighting for an uptrend. With the interest in SOL ETF rising, the price of Solana might pump to new levels in the months ahead.
In a recent tweet, Ali Martinez revealed another large accumulation by whales. They have purchased 100,000 ETH during the recent price dip. CoinMarketCap information shows the Ethereum price has plunged by 4.2% and 2.8% on the weekly and monthly timeframes.
Unfortunately, it has been trading within a narrow range. In another tweet, Ali noted that the $4k level is the only barrier stopping the Ethereum crypto from soaring to a new peak.
BigMike7335 predicts the Ethereum coin price might pump to $7,500-$8,500 by April. In the meantime, technical indicators such as the Stochastic Fast (14) and Williams Percent Range (14) support a massive uptrend.
They are in the buying territory, signaling bullish momentum. In other news, Bitwise's Bitcoin-Ethereum ETF has received initial approval from the US SEC. It awaits the regulator’s decision on its S-1 registration.
IntelMarkets (INTL) is revolutionizing the cryptocurrency trading market by incorporating copy trading and AI-based trading bots for new and professional traders. IntelMarkets' Intelli-M™ trading bots provide thorough marker analysis. It can evaluate a user's trading pattern, and risk appetites, and follow given trading strategies.
In addition, IntelMarkets bots can evaluate large amounts of market data in search of profitable opportunities. This helps users to save time and make more profits from data-backed trades. These self-learning bots are always able to adjust to the market conditions and make trades according to set rules, removing the emotions that are often involved in manual trading.
Meanwhile, IntelMarkets has a copy trading feature where newbies can copy the trades of professionals. Such a move allows them to make more profits while learning the ropes.
IntelMarkets has attracted a lot of attention during the presale stage receiving more than $7.8 million. By combining AI-based copy trading, and AI bots, IntelMarkets gives an average user an opportunity to make more profits.
Since AI technology is rapidly becoming a new standard of trading in many industries, IntelMarkets is serving as a pioneer of AI in crypto trading. While Ethereum and Solana are experiencing declines, INTL has raised its gains to 800%. Investors who are looking for the best crypto to buy at 10x their investment should look no further. IntelMarkets is expected to rise by 10x in the coming months.
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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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
