With the crypto market preparing for the next big wave, analyst Ali Martinez has turned his attention to Cardano and Solana. He says the Cardano price could skyrocket if it breaks out of a given range. Also, Ali forecasts the Solana price might rally to $180 soon.
However, as these Goliaths fight upper resistance, a new entrant is emerging as the dark horse of the year—IntelMarkets (INTL). This AI-based trading platform is on the rise, raising $10.6 million in funding. Its price has also risen to $0.091 with the potential to reach $1 by 2025.
Cardano (ADA) Predicted To Skyrocket If It Closes Outside Given Range
According to Ali Martinez, the Cardano coin is gearing up for a 24% price pump. The Cardano price has been trading in a symmetrical triangle in the past few weeks. Ali notes that a close outside the $0.74-$0.83 range would determine the Cardano price direction in the coming weeks.
Another analyst, called Eilert, says the current Cardano price movement is similar to that of the previous cycle. As a result, he expects a Cardano price surge to occur soon. According to Eilert, this is the worst time to exit the market.
The analyst posted a Cardano price chart with a potential target of $6. He also highlighted an important support of around $0.75. In the meantime, the Cardano price has seen a minor correction of 0.5% in the weekly timeframe. Currently, technical indicators support a downtrend.
The Hull Moving Average (9) and VWMA (10) indicators are in the selling region and support more Cardano price downtrends in the coming days. CoinMarketCap data reveals the Cardano price has been consolidating between $0.6 and $0.8 in the past few weeks.
Solana (SOL) Price Plummets By Double Digits
The Solana price is still consolidating under the $200 level. CoinMarketCap data shows the Solana price has dipped by 26.8% on the monthly timeframe. Despite this downturn, the Solana price could soar in the coming weeks.
Ali Martinez notes the Solana price is about to break out from an inverse head and shoulder pattern. If the breakout is successful, the analyst forecasts the Solana price could rise to $180. Another analyst called Lucky says the Solana price will not remain at the $170 level forever.
Lucky predicts the Solana price may rise to $340 in the coming weeks. According to him, the Solana ecosystem is expanding as new projects emerge every day. Lucky argued that the Solana price is undervalued and might pump higher soon if the support at the $160 level holds.
IntelMarkets (INTL) Gathers Momentum In Presale Stage
IntelMarkets (INTL) is a new-generation crypto platform that has attracted much attention during the presale. Following a rally of more than 900%, the INTL token is trading at $0.091, and it is believed that it will experience significant growth in the future.
The DeFi project is aimed at increasing automation and profitability of the trading process for both beginners and experienced traders. So, IntelMarkets employs trading robots based on artificial intelligence, live market data, advice, and instant trading.
In contrast to conventional trading strategies, which are based on the trader’s feelings and intuition, IntelMarkets’ bots find the best opportunities for a trade and make accurate trading decisions.
For the users who do not want to be engaged actively, there is a copy trading option where traders can follow the actions of the best performers of IntelMarkets. This means even novices can make profits from following other profitable traders.
Three Top Altcoins To Watch
As Cardano and Solana are preparing for a rally, IntelMarkets is considered to be the next promising cryptocurrency. INTL is not just another token; it is a revolutionized token that is supported by artificial intelligence and blockchain technology. As more and more people invest in IntelMarkets’ crypto ICO, its price is expected to skyrocket 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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