The crypto market is recovering gradually from the recent downtrend that sent many altcoins to lower lows. The SHIB price has increased on the weekly timeframe and could surge to $0.00088 in the future. Meanwhile, IntelMarkets has risen by 810%, outperforming even Cardano (ADA).
Its price is expected to rally by 20x in the months ahead. In other news, the Cardano price might reclaim the $1 soon based on a bullish indicator. The TD Sequential has flashed a buy signal which means that a price reversal could be on the horizon.
Shiba Inu (SHIB) Set For Trend Reversal
SHIB KNIGHT, one of the top analysts in the Shiba Inu (SHIB) community, believes the SHIB price has hit rock bottom and is set for an upsurge. According to him, the memecoin produced the first green candle on the weekly timeframe. SHIB KNIGHT expects a reversal to occur in the coming weeks.
Another analyst known as SHIB Bezos notes the SHIB price is gearing for a significant uptick to $0.00088 in the coming months. In the meantime, the SHIB price has increased by 10.4%, signaling renewed interest from investors. CoinMarketCap data reveals the meme coin has been trading between $0.00001437 and $0.00001684 on the weekly chart.
On the other hand, most of the memecoin’s technical indicators are bearish. The Fear and Greed Index shows that investors’ interest is low. However, this might change soon when positive sentiment returns to the market. The SHIB price could climb to higher levels.
IntelMarkets (INTL) Brings Advanced Trading Tools To Traders
IntelMarkets (INTL) is revolutionizing the cryptocurrency trading market through its unique features and focus on the users. Among them, the most notable is the Intelli-M Channel analytic tool that is meant for technical analysts.
This tool gathers information from more than ten thousand sources and provides traders with clear signals for trading, which can help to make the right decision with maximum accuracy. Also, IntelMarkets has developed Route X21, which is a quantum-proofing protocol.
This tool protects the traders’ assets against quantum attacks in the future. Moreover, IntelMarkets supports multiple chains, including Ethereum and Solana, without any issues or complications.
This dual-chain solution allows traders to have the freedom to decide whether to use Ethereum for its rich dApp environment or Solana for its fast and cheap transactions, satisfying the trader’s preference. Currently, in the presale phase, IntelMarkets has raised over $8.6 million in funding. The price of the cryptocurrency has risen by 810% to $0.082455.
Cardano (ADA) Bullish Indicator Points To Potential Uptrend
According to Ali Martinez, Cardano (ADA) is hinting at a potential comeback as the TD Sequential indicator signals a buying opportunity on the daily chart. CoinMarketCap data shows the Cardano price has risen by 1.7% in the past week.
During this period, the Cardano price has been consolidating between $0.6 and $0.8. The buy signal and uptrend on to weekly chart could increase the Cardano price to $1 in the coming weeks. TraderSteve_ forecasts the DeFi coin price might pump to $2.5 in the months ahead. The analyst notes the Cardano price could follow XRP’s price movement from Q4 2024.
However, TraderSteve_ notes that the Cardano price must remain above the $0.5 level to increase the chance of an uptrend. AltwolfCrypto says the Cardano price might soar to $0.88 in the coming weeks if it crosses the resistance around the $0.72-$0.73 region.
INTL, The Altcoin That Could Surpass Shiba Inu and Cardano
With the crypto market expected to rally again, traders are focusing on high performers such as IntelMarkets. Its AI features and low market cap could propel it to new highs in the coming months. The next few weeks could be a turning point for IntelMarkets as it seeks to revolutionize the trading environment.
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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