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Cryptocurrency News Articles
IntelMarkets (INTL) Makes Trading Simpler Using AI and Advanced Trading Tools
Oct 04, 2024 at 07:27 pm
Intel Markets (INTL) has been seen as a haven for investors. New and experienced traders are coming into the new AI-based exchange IntelMarkets
An unidentified crypto trader has made headlines after turning a modest $368 investment into an astonishing $2 million in just three days. The trader's remarkable achievement was realized through a series of trades, ultimately selling the HIPPO memecoin on the Sui network.
As the crypto market experiences a downturn, several assets are facing the brunt of the bearish pressure. Among them, Bitcoin Cash (BCH) and Toncoin (TON) have attracted attention.
Bitcoin Cash (BCH) Price Analysis
Fresh technical analysis fromܞ Cryptonews shows that Bitcoin Cash (BCH) is trading in the red following the recent downturn in the crypto market.
According to price data from TradingView on March 13, the value of Bitcoin Cash crypto has fallen below the 50-SMA ($334.86) and 200-SMA ($374.84).
CoinMarketCap data reveals that the Bitcoin Cash coin has incurred losses of 10.4% on the weekly timeframe and 2.8% on the monthly level. The sentiment around cryptocurrency is currently bearish.
The 14-day RSI has dipped below the 50 mark, signaling increased pressure from bears. For an uptrend to begin, the Bitcoin Cash price must cross the resistances at the 50-SMA and 200-SMA.
Recently, a top analyst, ZAYKCharts, predicted that the value of Bitcoin Cash (BCH) could surge to $540 in the coming weeks. However, for this to occur, more buyers will need to return to the market.
Toncoin (TON) Price Analysis
Created as part of the Telegram ecosystem, Toncoin (TON) has started a downward movement after several days of an uptrend. This decline is attributed to the buildup of selling pressure across the entire crypto market.
CoinMarketCap data shows the value of Toncoin crypto has dipped 15% on the weekly timeframe and 10% on the biweekly timeframe. The token is now trading below the 50-SMA ($5.76) and 200-SMA ($5.55), which is a sign the bears are leading the market.
However, the Stochastic Fast (14) and Williams Percent Range (14) are displaying buying signals. This is a positive outlook for the Toncoin token. Several analysts have forecast the value of the currency to increase in the future.
According to Coincodex, the Toncoin price might rally to $6.73 when market sentiment improves.
IntelMarkets (INTL) Leverages AI and Advanced Trading Tools to Simplify Crypto Trading
In the realm of crypto, Intel Markets (INTL) has emerged as a beacon of hope for investors seeking a simpler and more rewarding trading experience.
Both new and seasoned traders are flocking to IntelMarkets, an AI-based exchange, in pursuit of substantial profits. Many analysts regard IntelMarkets as a top DeFi project, poised to revolutionize the $36.5 billion global cryptocurrency trading platforms market with the power of artificial intelligence.
A key feature of the platform is its self-learning trading bots, which play a crucial role in assisting investors. These bots analyze previous results and individual risk tolerance to determine the optimal capital allocation for each trade.
In traditional trading environments, the retail trader is often at a disadvantage due to the technical signals, which can be varied and leave the trader unsure of when to enter the market.
However, IntelMarkets’ Intell-Array™ monitoring technology can select from 100,000 items to be monitored and provides only one signal to buy or to sell.
Currently, traders are rushing to the presale to acquire IntelMarkets native coin, INTL. The project has realized over $910k in funding thanks to huge interest from retail and whale investors.
The DeFi coin is now priced at $0.027364 and is expected to soar up to $0.11 once it is listed.
Why IntelMarkets is the Best Crypto To Buy Now
The $2 million earned by the anonymous trader has shifted the focus to potential new DeFi projects, such as IntelMarkets, which boasts unique features.
Analysts are optimistic about the potential of IntelMarkets and predict its price will increase by 10x in the coming months, making it a more attractive option compared to Toncoin (TON) and Bitcoin Cash (BCH).
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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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