.png){kind=logo}
According to data from Santiment, over 330 million ADA has been dumped by whales. These large investors have been showing interest in a new project called IntelMarkets (INTL). This is an AI trading platform that has recorded over 810% growth since the beginning of its crypto ICO.
Given its low market cap and potential for massive growth in the future, IntelMarkets has become the best crypto investment among investors. Meanwhile, Egrag Crypto, a top analyst noted the value of Ripple (XRP) could drop below $2 in the coming weeks if bulls lose a key support level.
Analysts have been watching Ripple (XRP) since the latest correction which occurred on Monday. While some expect a price surge to occur, others are skeptical about the Ripple crypto. One of them is Egrag Crypto. The analyst predicts the Ripple price might crash below $2 based on some technical analysis.
Egrag cited the 21-EMA (2.30) as a crucial indicator to watch out for. Losing this level could lead to a downtrend. “It could go down to $2.30 and $1.90 is the last support level,” the expert said on X.
However, they also pointed out that this might be a buying opportunity and recommended that investors should not allow fear to control them. In the meantime, the value of the Ripple token has dipped by 17.0% in the weekly timeframe.
However, it is up 10.2% on the monthly chart which makes the chances for a recovery higher. Besides, investors are optimistic about the Ripple XRP based on the Fear and Greed Index. It is currently flashing Greed which means investors’ sentiment is high.
In a recent X post, Ali Martinez quoted data from Santiment which reveals that whales have sold out over 330 million ADA in recent times. Unfortunately, data shows that they went mute during the recent price correction that rocked the market in the first few days of February.
Due to the downtrend, the value of the Cardano (ADA) coin has been trading below the $1 mark. Data from CoinMarketCap shows the Cardano price has dropped by 20.2% in the weekly timeframe.
Cardano (ADA) is sitting above the $0.7 support level. Losing it could lead to a massive price dump in the next few days. On the flip side, Bullishbanter predicts the Cardano coin price might pump to the $0.95-1.10 range in the coming days.
Meanwhile, another analyst called Alex Becker says the Cardano token could hit $4 or $5 easily. Moreover, some analysts believe Cardano ETFs could hit the market this year, pushing ADA prices to new levels.
The cryptocurrency market is constantly changing and IntelMarkets (INTL) is among the revolutionary projects. As an innovative solution that aims at combining the powers of AI and blockchain, IntelMarkets is going to revolutionize trading by removing the emotional factor that negatively impacts investment decisions.
Also, IntelMarkets uses sophisticated trading robots that are able to analyze market trends, find good opportunities, and make the trade in the shortest time possible. While human traders are affected by noise in the market, IntelMarkets' AI is free from this limitation and makes sound decisions for its users, making them stand out in the unpredictable crypto market.
The most significant advantage of IntelMarkets is the dual-chain solution that combines Solana's high speed and low cost with Ethereum's security and smart contracts. This makes it easier for users to select the most suitable blockchains for their trades due to the flexibility offered by the two blockchains.
Having raised more than $8 million in presale, the INTL token currently at $0.082 has captivated the attention of investors across the cryptocurrency space with its AI-driven crypto trading platform.
Cardano (ADA) is currently dealing with bearish pressure amid the downtrend in the market. However, IntelMarkets has raised its gains to 810% and could surge by 10x in the months ahead. Such potential growth makes it a better crypto to buy right now.
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. 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. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
