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Cryptocurrency News Articles
Solana (SOL) Targets $330 As RSI Shows is Above Midline
Dec 17, 2024 at 03:00 pm
The Ethereum killer, Solana (SOL) is showing potential for a price rally in the coming weeks, according to its technical indicators.
While Solana (SOL) is showing potential for a price rally in the coming weeks, according to its technical indicators, with analysts forecasting a price surge to $330, whales are showing more interest in IntelMarkets (INTL).
Thanks to its recent price pump of more than 700%, whales have bought more than $4.8 million worth of the altcoin in its presale. As DOGE is targeting $0.62, analysts believe the IntelMarkets coin can skyrocket by more than 10x in this bull market.
Solana (SOL) Targets $330 As RSI Shows is Above Midline
Solana (SOL) has witnessed a massive price correction in the past few weeks. Data from CoinMarketCap shows the value of the Solana crypto has dropped by 5.4% in the weekly timeframe. The altcoin price is also down 4.3% on the biweekly timeframe and 2.0% on the monthly level.
In terms of price movement, the Solana token is consolidating between $205.09 and $234.11 on the weekly chart. Looking ahead, analysts like TraderSZ forecast the Solana price might rally to $264 in the coming weeks.
Also, Trader Tardigrade expects Solana (SOL) might rally to $330 in the coming weeks. The analyst noted that there is a strong support around $208. The sentiment surrounding the cryptocurrency is bullish.
Dogecoin (DOGE) Whales Accumulate 160M DOGE, Analyst Forecasts $0.62
Dogecoin (DOGE) has been one of the top altcoins on the whales list in the past few weeks. A recent tweet by Ali Martinez revealed that they bought over 160 million DOGE on December 13. In the meantime, the Dogecoin token has dropped by 8.0% on the weekly chart.
It has also plunged by 3.3% in the biweekly timeframe. Despite the price drop, most of the memecoin’s technical indicators are bullish. The relative strength index is above the midline. Also, the Hull Moving Average (9) is flashing a buy signal which could lead to a price surge in the coming weeks.
CROW forecasts the Dogecoin price might rally to $0.62 in the coming weeks. They posted a chart that showed DOGE trading in an ascending channel with a support of around $0.36. Another analyst called Trader Tardigrade noted the Dogecoin crypto is breaking out of a symmetrical triangle. They expect a rally to $0.44.
IntelMarkets (INTL) Poised For 10x Gains
IntelMarkets (INTL) is one of the most popular cryptocurrency ICO projects in the crypto market and is currently in the eighth stage of the presale. At the moment, the token is selling at $0.073273, which represents an increase of more than 700% from its starting price. Analysts predict the value of the DeFi coin could see a 10x surge in the coming months.
The main feature that distinguishes IntelMarkets from other trading platforms is the use of Rodeum AI technology. This revolutionary AI is used in the development of the platform and provides users with sophisticated tools.
Some of them include AI trading bots and Multichannel Analysis to help traders gain an edge in the market. Security is also something IntelMarkets has solved. Imagine a platform that is resistant to quantum attacks. This is possible with IntelMarkets thanks to its Route X21 protocol.
IntelMarkets has a dual-chain architecture and is built on the Ethereum and Solana platforms, which are considered the best in their class. It means that traders can use Ethereum for its smart contracts or Solana for fast and cheap transactions. The synergy of AI innovation, blockchain flexibility, and advanced security puts IntelMarkets into the league of Binance.
INTL To Outpace DOGE and SOL Growth
Solana (SOL) and Dogecoin (DOGE) are expected to see gains in the coming weeks. Analyst forecasts the value of Dogecoin could surge to $0.62. On the other hand, Solana might surge to $330. Meanwhile, market experts have tagged IntelMarkets as the best cryptocurrency investment.
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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- Trump's DeFi Project World Liberty Financial (WLFI) Purchased a Large Amount of Crypto Assets in December, with Cumulative Expenditures Approaching US$45 Million
- Dec 17, 2024 at 08:50 pm
- Since its launch in September, the project has claimed to be a decentralized finance (DeFi) platform. On December 13, the World Liberty Financial community passed the first proposal to deploy an Aave v3 instance.
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- Qvarden Token (QRDN): A Disruptive Cryptocurrency Platform Inspired by Donald Trump's Vision
- Dec 17, 2024 at 08:45 pm
- The rise of cryptocurrencies has sparked a global transformation in financial systems, with decentralized finance (DeFi) leading the way. Among the most innovative projects in this space is Qvarden Token (QRDN), a groundbreaking platform designed to challenge traditional financial models and promote fairness and efficiency. Drawing parallels with Donald Trump’s focus on disruption and bold decision-making, Qvarden Token embodies a mission to reshape the financial landscape.
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- Bitcoin Could Hit $800,000 by 2025 If Trump Makes It a Reserve Asset
- Dec 17, 2024 at 08:45 pm
- If it goes ahead, such a bold move could prompt a $20 billion BTC purchase by the Treasury in 2025, potentially transforming the cryptocurrency landscape and driving Bitcoin's price to unprecedented heights.
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- Bitcoin Cash (BCH): A Prominent Cryptocurrency Focused on Speed and Efficiency
- Dec 17, 2024 at 08:45 pm
- Bitcoin Cash (BCH) is a prominent cryptocurrency that emerged from a contentious split within the Bitcoin community in 2017. Designed to address some of the scaling issues that Bitcoin faced, Bitcoin Cash aims to offer faster transaction times and lower fees, making it an attractive alternative for users looking for a more efficient digital currency.
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- Bitcoin Cash (BCH): A Detailed Overview
- Dec 17, 2024 at 08:45 pm
- Bitcoin Cash (BCH) is a cryptocurrency that has garnered significant attention since its inception. Launched in 2017, Bitcoin Cash was created as a result of a hard fork from Bitcoin, aiming to solve some of the scalability issues faced by the original Bitcoin network.
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- IOTA (MIOTA) Price Predictions and Investment Strategies: What Investors Should Know for 2025
- Dec 17, 2024 at 08:45 pm
- As digital currencies continue to capture the imagination of investors worldwide, IOTA stands out with its unique technological underpinnings and promise of integration with the Internet of Things (IoT).
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- The Coinbase (NASDAQ: COIN) exchange is being sued for delisting wBTC, the ‘wrapped’ version of BTC, after the company that issued wBTC struck a partnership with a company affiliated with controversial Tron founder Justin Sun.
- Dec 17, 2024 at 08:45 pm
- The Coinbase (NASDAQ: COIN) exchange is being sued for delisting wBTC, the ‘wrapped’ version of BTC, after the company that issued wBTC struck a partnership with a company affiliated with controversial Tron founder Justin Sun.