In the crypto market, a new DeFi project called IntelMarkets (INTL) is set to redefine the market. IntelMarkets combines AI and blockchain for cryptocurrency trading. Its blockchain ICO has been attracting investors, raising over $9.5 million.
Meanwhile, IntelMarkets is also challenging the market leaders such as Ethereum for its share in the market. In other news, the ADA price has formed a bullish cup-and-handle formation. Analysts expect a potential rally to $1.4 in the coming weeks.
Cardano (ADA) Eyes Cup-and-Handle Breakout
In a recent X, a top analyst called CryptoBull_360 notes the ADA price could skyrocket to a new level soon. According to them, the altcoin has retested a wedge breakout zone on the 4-hour chart.
CryptoBull_360 says the ADA price is under strong bullish momentum based on the increase in trading volume. The analyst advised investors to keep an eye on the ADA price chart for potential targets. CryptoBull_360 forecasts the ADA price may rally to $1.15 in the coming weeks.
Another analyst called Mr Brownstone says the ADA price faces resistance around the $0.826 level. He says the Cardano coin must flip this region into a support to begin a major uptrend. Mr Brownstone posted an ADA price chart, which showed a cup and handle formation.
Breaking past the trendline could push the ADA price to $1.4. Presently, data from CoinMarketCap shows the ADA price has risen by 15.2% and 13.5% on the weekly and monthly levels.
Institutional Investors Dump 14K Ethereum (ETH)
According to data from Glassnode quoted by Ali Martinez, there has been an outflow of 14k ETH in the past seven days. This net outflow comes after the ETH price seems to have some gains. CoinMarketCap data shows the ETH price has risen by 4.4% and 7.2% on the weekly and biweekly timeframes, a sign that bulls are gaining momentum.
The cryptocurrency’s relative strength index is currently below 40 and has a lot of room for growth. An analyst called Crypto General says the ETH price has been trading above a given trendline in the last few weeks. They forecast the ETH price might rally to $6k-$8k before the end of this cycle.
Another analyst called Crypto Rover says the ETH price may surge to $9k soon. Interestingly, February has always been a bullish month for the ETH price historically. So, we might see some upward ETH price movement soon.
IntelMarkets (INTL): AI-Powered Trading Meets Quantum-Proof Security
IntelMarkets (INTL) is a platform that uses AI and blockchain technologies to develop an automated trading environment. Due to its capability to analyze a large amount of financial data in real time, IntelMarkets gives traders an edge in the fluctuating market.
Also, IntelMarkets is revolutionizing security with Route X21 quantum-proof protection, which guarantees that traders’ assets are safeguarded against the new threats posed by quantum computing. As blockchain security advances, IntelMarkets is already prepared for all potential future attacks, enhancing its security.
The main focus of IntelMarkets is the Intelli-M™ AI trading bots that analyze more than 100,000 signals per second and provide instant market insights and trading signals. These AI-based bots are self-learning and can adapt to previous trades and make better decisions for traders to take advantage of market fluctuations without having to watch the market all the time.
The price of the INTL token has increased by 810% to $0.082. With the new trend of AI trading, IntelMarkets is at the forefront of providing traders with the tools that are advanced enough to help them trade the crypto market effectively.
Why IntelMarkets is the Best Crypto To Buy
IntelMarkets is the future of crypto trading. It is a platform that combines the use of AI with a strong blockchain system to provide traders with a competitive edge in an evolving market. As it plans to overtake the Ethereum crypto and other giants, IntelMarkets offers not only high trading gains but huge returns.
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
