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Cryptocurrency News Articles
Stellar (XLM) and IntelMarkets (INTL) Outperform the Market as BNB Consolidates
Nov 20, 2024 at 11:00 pm
The cryptocurrency market has been experiencing some volatility in the past week. The prices of top altcoins like Binance Coin (BNB) have consolidated within a tight range.
The cryptocurrency market has seen some volatility in the past week, with prices of top altcoins consolidating within a tight range. Binance Coin (BNB) could even plummet below $600 if the bearish pressure continues.
On the other hand, Stellar (XLM) and IntelMarkets (INTL) have recorded huge gains, and experts say their prices may reach new highs in the coming weeks if bulls maintain the uptrend.
Stellar (XLM) Joins Top 20 Cryptocurrencies
Stellar (XLM) has made a terrific comeback in the past seven days. Its price shot up from a weekly low of $0.1101 to a peak of $0.2534, a gain of over 120%. According to CoinMarketCap, the market capitalization of the Stellar coin also increased from $3 billion to $7.5 billion.
Thanks to this massive uptick, the Stellar crypto is now part of the top 20 cryptocurrencies. It has overtaken Litecoin and Aptos.
Grumlin Mystery is bullish on the Stellar price. The analyst has predicted that the XLM token could pump to the $0.3 level in at most two weeks before soaring to $0.4.
On the downside, Grumlin Mystery sees the $0.19 support as a strong level in the event of a downtrend. Charting Guy anticipates a price surge to $2.46 in the coming months.
Binance Coin (BNB) Consolidated Above $600
Binance Coin (BNB) has been on an uptrend in the past weeks, reaching a high of $658 on November 14. While many expected the Binance Coin price to cross the $700 level, the altcoin price has been largely stuck in a tight range over the last week.
Data from CoinMarketCap shows the value of the Binance Coin crypto decreased by 4.5% in the weekly time frame. The altcoin has been trading between $600 and $660 during this period. However, it still has slight gains on the biweekly and monthly levels.
With the 14-day RSI above the midline, we could see some gains in the coming weeks. Cryptopigmedia predicts a price rally to $960 for the Binance Coin token if it clears the $700 mark. Another analyst sees a price target of $900-$1400 in the next 6-12 months.
IntelMarkets Brings AI, Blockchain to Crypto Trading
IntelMarkets (INTL) has grabbed the attention of investors with its novel move to integrate AI and blockchain into the crypto trading market. The platform will also give traders access to AI-based tools and fast transactions in the perpetual trading market, which boasts over $100 billion in daily trading volume.
The platform has a flagship AI trading bot. These self-learning Intelli-M™ bots can adjust their performance according to the prevailing market situations. The bots allow traders to input their algorithms, set parameters like risks and leverage, and trade more efficiently without constant supervision.
IntelMarkets also boasts two dual-blockchain platforms, which means users can trade on either Ethereum or Solana. This feature allows traders to either tap into Ethereum’s vast DeFi ecosystem or Solana’s fast and low-cost infrastructure.
Currently, IntelMarkets is trading at $0.054909. Its price has risen by more than 500%. Analysts are predicting a potential 5x price pump in the coming months.
As IntelMarkets is revolutionizing the crypto trading landscape by offering traders cutting-edge tools, and with its crypto ICO still ongoing, there’s no doubt that IntelMarkets could become a leading player in the crypto trading sector.
In Summary
Binance Coin (BNB) must cross the $700 level in the coming weeks to regain its bullish momentum. Stellar (XLM) and IntelMarkets, on the other hand, have impressed investors with their飆漲performance. Analysts anticipate further gains from XLM and INTL in the upcoming days, making them the best altcoins to watch.
Learn 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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