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Cryptocurrency News Articles
SOL, SHIB, INTL Coins Could 2x, 3X or Even 100x, As Crypto Market Gains Momentum
Oct 27, 2024 at 02:00 pm
With the crypto market gaining new momentum, some experts have identified some potential targets for some top crypto coins. Solana (SOL) is expected to increase in value by 2x
Solana (SOL) Might 2x Or 3x On One Condition, Says Analyst
Solana (SOL) is seeing a new high for the first time in 12 weeks as it trades at $178, data from CoinMarketCap shows. More could be expected for the cryptocurrency as analysts are expecting it to continue rising. Miles Deutscher, an expert analyst, highlighted the rise in positive sentiment and market conversations about SOL.
Deutscher argues that even with the performance that Solana price has shown in the past few days, it is still capable of rising further. According to the analyst, Solana (SOL) could at least double or even triple, especially if Bitcoin trades above $100,000 to $120,000.
Meanwhile, the Solana coin price is seeing gains of 11% and 14% on the weekly and monthly timeframes, respectively. Its 14-day RSI has also risen up the charts and is now above 60. If buying pressure continues, we might be seeing the Solana crypto value pumping to $180 soon.
Shiba Inu (SHIB) Price Expected To Rise By Over 300%
According to crypto analyst Javon Marks, Shiba Inu (SHIB) still has new highs lined up for the coming months. The market analyst had earlier highlighted that the Shiba Inu coin was showing a hidden bullish divergence on the 6-day chart, a bullish signal.
Several bullish patterns support the breakout from the divergence structure, which Marks adds will be pushing Shiba Inu crypto to $0.000081, data from Marks' analysis shows. Notably, for SHIB to reach the price target set by the analyst, it has to rise over 348% from the current trading price.
Shiba Inu price is down by 6% on the weekly timeframe but up 18% on the monthly chart, as shown by data from CoinMarketCap. The 14-day RSI has dropped below 50, indicating the entry of bears into the market. Looking ahead, we might be seeing the memecoin erasing this loss in the next trading sessions.
IntelMarkets (INTL) Brings Institutional Tools To Retail Investors
IntelMarkets (INTL) has recently gained the attention of investors around the world as a new-generation AI-based trading platform with high growth potential. IntelMarkets has managed to raise more than $1.58 million in funding in over three months, thus becoming a top ICO. This growth is attributed to the trading tools that the platform offers traders.
The platform aims to bring institutional-grade trading tools that were designed for large financial moguls to retail traders. By giving retail traders an opportunity to use the same tools as professionals, IntelMarkets opens up a way for everyone to get the most out of their trading experience in the market. Some of the features include up to 1000x leverage, Intell-Array™ monitoring system, Intelli-M trading systems, AI-based robots, Dual chain trading, and Multichannel analysis. These tools enable users to make particular and calculated trades with no difficulty at all thus increasing the chances of getting 100% profit on each trade.
The INTL token presale is selling out fast and could be ending any day now. Smart investors are already joining the crypto ICO and adding the token to their portfolios. According to analysts, INTL could be valued at $0.1 in the coming months.
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- Rollblock (RBLK) Presale Emerges as a Top Contender in the Low-Cap Crypto Space
- Oct 27, 2024 at 06:20 pm
- As the bull run gains momentum, Rollblock's presale continues to attract attention. The presale is nearing its next price increase, so Rollblock presents an exciting opportunity for those looking to get in early on a project that offers real utility and long-term potential.
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- XRP Price Prediction: Future Trends Capital Outlines Path to Reclaiming $1 by April 2025
- Oct 27, 2024 at 06:20 pm
- Future Trends Capital, a Venture-building platform, recently released projections for XRP's price movement and estimates for other prominent crypto assets over the next six to twelve months.
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- Bitcoin (BTC) Options Traders Anticipate a Post-U.S. Election Price Surge
- Oct 27, 2024 at 06:15 pm
- Call options allow traders to buy Bitcoin at a predetermined price at a future date. The growing demand for these options at high levels indicates that traders expect the price of BTC to increase significantly after the elections.