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Cryptocurrency News Articles
Polkadot (DOT), Uniswap (UNI), and IntelMarkets (INTL): Which Altcoin Will Lead the Next Crypto Rally?
Oct 23, 2024 at 05:00 pm
Given the recent run of Bitcoin to $69k, it appears positive sentiment has returned to the crypto market. As a result, the community is buzzing with excitement as they await the next best altcoins to lead the next rally.
Recent Bitcoin price action has sparked positive sentiment in the cryptocurrency market. As a result, the community is excited about the next altcoins that will lead the next rally. Top analysts have identified three coins with significant growth potential: Polkadot (DOT), Uniswap (UNI), and a new AI coin called IntelMarkets (INTL).
Polkadot (DOT) could soar to $20
Martinez Ali, a popular crypto analyst, recently shared a bullish Polkadot price prediction on X. Martinez highlighted an upswing potential by comparing the weekly chart of Fantom to that of Polkadot (DOT).
Ali noted that the price of the Polkadot coin could rally to $9.7, given the bullish pattern on the chart. Afterward, there would be a retracement to $6.7 that could lead to a breakout rally to $20.
At the moment, the Polkadot price is consolidating between $4 and $5 on the monthly timeframe. DOT has a market capitalization of about $5.5 billion – $7.5 billion, as can be seen on the monthly chart of CoinMarketCap.
There may be more buying pressure on Polkadot (DOT) for now, in light of its technical indicators. The VWMA (10) and Hull Moving Average (9) have buy signals and also hint at an extension of the bull market.
Uniswap (UNI) preparing for massive breakout, says analyst
Uniswap (UNI), a top DeFi cryptocurrency, is among the best-performing coins in the DeFi market right now. According to CoinMarketCap, the price of the Uniswap coin has increased by 22.3% on the monthly chart.
During this period, the cryptocurrency ended 15 days on a green note which is very fair given the price volatility in the market. In terms of price movement, the Uniswap token is trading between $6 and $8.50 on the monthly level.
Looking ahead, the sentiment around the Uniswap crypto is mixed. The Hull Moving Average (9) is showing a buy signal, but the VWMA (10) is displaying a sell signal. WorldOfCharts forecasts that the price of Uniswap (UNI) could pump to $20 if it breaks out of the current range.
IntelMarkets (INTL) set to transform the crypto trading market
IntelMarkets (INTL) is the newest AI coin that has captured the attention of analysts in the crypto market. The price of the DeFi coin has increased by 300% to its current value of $0.036545. IntelMarkets is a cryptocurrency trading platform for retail traders offering sophisticated trading tools supported by artificial intelligence.
One of the most interesting and unique tools is the multi-channel analysis, which analyzes information from more than one thousand sources. This gives traders all the information they need about the market and a particular cryptocurrency to make the right decisions. Also, IntelMarkets is a dual-chain trading platform that was built on the Ethereum and Solana platforms.
The integration of Ethereum’s high-security system and Solana’s cheap and fast transactions make it easy for users to trade. Another feature of the platform is the Intell-Array™ monitoring system that increases trading precision.
This system analyzes all the buy and sell signals and provides a single signal with more than 100,000 data points behind it. This tool is good for decision-making in trading as it provides traders with the necessary information and helps them make correct decisions.
Why Polkadot and Uniswap investors are paying attention to INTL
While Polkadot (DOT) and Uniswap (UNI) are top crypto coins, it is IntelMarkets that have caught the attention of analysts. Savvy investors are already staking INTL because, as the project transforms the $36.5 billion crypto trading platform market, the coin could skyrocket to $1 by 2025.
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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