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Cryptocurrency News Articles
Cardano (ADA), Fantom (FTM) To Hit New Price Peaks In October, IntelMarkets (INTL): An AI-Revolution!
Oct 04, 2024 at 03:30 am
Cardano (ADA) competes with Ethereum's ETH and is used to store value, make payments, and stake within the Cardano ecosystem.
Cardano (ADA) has been struggling to rebound since August, but its price made its first higher lows for September. Thanks to liquid staking, ADA finally started to break free of its short-term resistance.
In the past week, ADA has increased by 14%, and it appears that it will rise even further in October. Keeping in view this surge, analysts predict new price peaks in October anticipating the $1 mark as a tangible target.
Top cryptocurrency gainers today include Fantom (FTM), which is stealing the show with an outstanding performance. Within a day, the 24-hour trading volume of Fantom (FTM) has surged by 64%.
The market is paying more attention as a result of traders’ attention being drawn to this high momentum. At the same time, Fantom (FTM) also exhibits high liquidity. Its 0.4224 volume-to-market cap ratio makes it simple for traders to buy and sell without experiencing significant price fluctuations.
When examining the short-term technicals of Fantom (FTM), the 14-day RSI is neutrally momentum at 61.03. However, assuming the market circumstances hold up, there’s still hope for a possible price rally.
Moreover, 60% of its days over the previous 30 days have been positive. Long-term performance-wise, Fantom (FTM) is trading 73.22% above its 200-day SMA, showing that several assets are being outperformed by a large margin.
At present, the coin is in a strong and continuous upward trend. Its innovative approach, combined with its reliable network and strong use cases, continues to push it toward greater success, making the $1 target not a far-fetched dream but a close reality.
Finally, we have IntelMarkets (INTL), which at the intersection of AI and blockchain aims to change the $36 billion global crypto trading market. The crypto sensation continues to generate a lot of excitement in the investment community, already earning nods for the year’s best presale.
At $0.027364 in the third stage of the ICO, experts believe it is heavily discounted. The fundraising recently crossed $908,000, suggesting investor confidence and building a solid foundation ahead of its much-anticipated launch.
With a 6,500% upswing projected after its debut, it steals the spotlight from Cardano (ADA) and Fantom (FTM). It also captures market interest through its blend of AI, blockchain, and decentralized finance (DeFi).
The exchange protocol will integrate AI across all levels, becoming the first true modern-generation trading platform. Its trading robots, trained on over 100,000 data points, contribute to its attraction.
Interestingly, these trading bots can perform rigorous technical calculations from multiple markets in seconds and self-learn from their mistakes and real-time trading data.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Bitcoin (BTC) Price Drops Below $61,000 as Geopolitical Tensions Intensify
- Oct 04, 2024 at 07:05 am
- The latest sell-off, triggered by geopolitical tensions in the Middle East, has seen the price lose key support levels: the 50-day exponential moving average (EMA) at $61,318 and the 100-day EMA at $61,438.
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- Bitcoin Climbed Past $61,400 on Wednesday After Taking a Major Tumble Amid Escalating Conflict in the Middle East, Dampening Expectations for an October Rally
- Oct 04, 2024 at 06:45 am
- Prominent Bitcoin analyst Willy Woo said that Bitcoin's current market structure indicated bearishness in the mid-term.
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- Bitcoin (BTC) Value Motion Faces a Range of Influences, How Will the Escalating Geopolitical Tensions in the Middle-East Affect Bitcoin?
- Oct 04, 2024 at 06:40 am
- Bitcoin's [BTC] value motion has had a wide range of influences over time. From financial influences to geopolitical publicity, however may the escalating geopolitical outcomes within the Center-East affect Bitcoin?