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Cryptocurrency News Articles
Ethereum (ETH) and Solana (SOL) Are Primed for Further Gains, New AI Coin IntelMarkets (INTL) Enters the Spotlight with 55x Upside Potential
Dec 04, 2024 at 08:00 am
The new month continues where November stopped, trading upward. Dubbed “Decembull,” top altcoins like Ethereum (ETH) and Solana (SOL) are expected to skyrocket—altcoins to watch out for.
Top Altcoins To Buy Now: IntelMarkets (INTL), Ethereum (ETH), Solana (SOL)
As the new month begins where November left off, trading activity is seen moving upward. Top altcoins like Ethereum (ETH) and Solana (SOL) are expected to skyrocket, making them interesting assets to watch. In this piece, we'll delve into their price predictions and explore why they are presenting themselves as valuable bets in the current bull cycle.
Furthermore, the new AI coin, IntelMarkets (INTL), is basking in the spotlight. It recently entered the seventh ICO stage amid increasing demand from both whales and retail investors, setting the stage for an explosive debut. With projections of a 6,500% gain, it might be emerging as one of the best new cryptos to invest in.
IntelMarkets (INTL) Token Price Projects 55x Post-Launch
Among the new DeFi projects capturing the attention of investors in the market is IntelMarkets (INTL), which recently entered the seventh stage of its ICO. It has raised over $2.7 million in early funding, paving the way for what could be an explosive market debut. At just $0.064 per token, it is available at a heavily discounted price considering its upside potential.
Industry experts are projecting a 55x upswing after listing on top exchanges, which is set to outpace even top crypto coins like Ethereum (ETH) and Solana (SOL). Beyond the gains, its future transformation of the $36 billion global crypto trading market makes it a DeFi project worth keeping an eye on.
Unlike traditional trading platforms, it will integrate AI with blockchain technology and DeFi. The Intelli-M trading system can perform extensive technical calculations across markets in a matter of seconds, empowering traders to identify and capitalize on trading opportunities.
Significantly, INTL's trading robots will provide access to optimal trading strategies, helping retail traders in their quest to join the top 1% of traders.
Ethereum (ETH) Price Nears Breakout Above ATH
The leading altcoin, Ethereum (ETH), has shrugged off bearish pressure and resumed its upward charge. Reflecting bullish sentiment, the Ethereum price increased by over 5% on the weekly chart, trading above the $3,600 level. It has surged from a monthly low of $2,359, marking a 47% upswing.
An inch away from crossing its annual peak price of $4,000, it is presenting itself as a top crypto to invest in. Surpassing this level will push the Ethereum (ETH) price closer to its all-time high of $4,890, which indicators suggest is just a matter of time. Key technical indicators like the 10-EMA and 10-SMA are presenting themselves as bullish indicators hinting at further upswings.
A crypto analyst, XForceGlobal, echoed these bullish projections. They foresee a run between $6,000 and $10,000. Another expert, TOPDOGE007, has $5,000 as their 2025 Ethereum price prediction.
Solana (SOL) Price Eyes a Breach Above $263
The past few weeks have been a wild ride for Solana (SOL). On higher timeframes, the Solana price has skyrocketed over 35% in the monthly timeframe, changing hands above the $220 level. However, it is down 4% on the weekly chart, which, on the brighter side, presents a good buying opportunity.
Technical indicators like the Williams Percent Range (14) and Bull Bear Power are at buy signals, suggesting a bounce. Astute investors appear to be buying Solana (SOL), anticipating a huge leap in the coming days. A breakout above the monthly high of $263 (also the all-time high) will send it into price discovery.
A crypto analyst, CryptoJelleNL, predicts a Solana run between $400 and $600 during this bull cycle, positioning it among the best cryptos to invest in. Geekyabhijit, another expert, sees $350 as the next target; their final price target is $1,233.
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