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The crypto market could experience a major rally soon as a leading trader reveals a hidden bullish signal for Ethereum (ETH). They forecast the price of the altcoin could surge to $8k soon.
As ETH positions itself for a possible breakout, Shiba Inu (SHIB) investors are redirecting their investments into IntelMarkets (INTL), the AI-driven cryptocurrency that has already skyrocketed by 810% and continues to gain traction. With its advanced AI technology and increasing investor trust, IntelMarkets is rapidly becoming the asset of choice for traders in search of the best crypto investment.
CoinMarketCap data shows the Shiba Inu crypto is still battling with bearish pressure. The memecoin had fallen below the $0.00002 level recently, sending panic across the community. Unfortunately, the downtrend did not stop there.
The value of Shiba Inu (SHIB) dropped below $0.000019 and is now trading around the $0.000018 region. The Shiba Inu price chart shows that there are losses of 5.4% on the weekly timeframe and 17.5% on the biweekly level.
Despite this downtrend, the memecoin could see a turnaround in the coming weeks. The Shiba Inu price needs to cross the $0.000019 to attract more buyers into the market.
CryptooELITES forecasts the value of the Shiba Inu crypto might pump to $0.000085171 in the long term if a breakout occurs. The analyst noted the cryptocurrency is trading in multi-year cup and handle formation.
MerlijnTrader, a crypto trader, has highlighted a secret signal that could send Ethereum (ETH) to new peaks. According to him, the price of the altcoin always skyrockets when USDT dominance drops.
Currently, the same scenario is playing out. The dominance of the USDT has been dropping in the past week. MerlijnTrader noted that Trump's accumulation of the Ethereum token could be responsible for this decline.
The analyst posted a chart that showed the Ethereum price soaring to $8k. This bullish prediction is good news as the altcoin has been consolidating within a narrow range in the past month.
CoinMarketCap price information shows the value of the Ethereum crypto has been trading between $3.1k and $3.9k. There is a strong resistance around the upper region. Breaking past this level is crucial for ETH's uptrend. On the other hand, if the altcoin price drops, there is strong support at the $3,900 level.
IntelMarkets (INTL) is a crypto trading platform that allows traders to trade crypto perpetual contracts with no expiration dates. It also enables traders and investors to operate in a favorable environment created by robots powered by Artificial Intelligence. The perpetual contract can be traded profitably with the help of AI-based bots that can evaluate profitable opportunities.
The IntelMarkets trading bots have been trained on over 100,000 data points and tend to autonomously conduct trade with no intervention from humans. They possess all the critical information and algorithms for opening and closing positions, trading, and even risk and portfolio management.
Besides the bots, IntelMarkets has a number of features that will aid users in the crypto markets, such as copy trading, Intell-M Channel, AI agents, etc. Meanwhile, the platform works with both Ethereum and Solana. Investors can use Ethereum to access liquidity pools and other smart contracts as well as use decentralized applications.
Compared to other trading platforms, those who use IntelMarkets are able to get the Ethereum level of security and reliability. Solana will further enhance the existing speed and cost capabilities of the platform. Currently, in the ninth stage of its blockchain ICO, IntelMarkets has raised over $7.8 million in funding. The price of its native token, INTL, has also increased by 810% to $0.082455.
As Ethereum (ETH) gears up for a potential price surge, IntelMarkets is capturing attention as investors hunt for the next blue-chip crypto. With its low market cap and impressive utility, this emerging contender could surpass traditional favorites in the coming months. INTL is currently targeting a potential 10x price surge.
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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