Institutional investors have been taking advantage of the recent downtrend in the crypto market to accumulate two altcoins they believe have a bright future. The coins are Ethereum and IntelMarkets (INTL). Although IntelMarkets is new to the crypto space, it has captured a lot of user interest.
IntelMarkets has raised $9.1 million in funding and sold millions of coins. Its price is expected to climb by 20x before the end of this year, positioning it as a crypto to buy. Meanwhile, analysts forecast the Cardano price might skyrocket to $0.8 soon.
Ethereum (ETH) Mirrors Price Pattern of 2020
Ted, a crypto investor and enthusiast, has called the attention of the crypto community to a huge accumulation of the Ethereum coin by institutional investors. According to him, platforms like BlackRock, Goldman Sachs, etc.
Going forward, Ted says the ETH price of 2025 is similar to that of 2020. The altcoin is currently trading in an ascending channel. If the ETH price remains within the channel, Ted forecasts the ETH price might soar to $10k in the coming months.
Trader Tardigrade notes the ETH price has retested the upper part of a symmetrical triangle. It is currently forming a green bar that could push the ETH price above $3k. In the meantime, CoinMarketCap data indicates the ETH price is trading below the $3k level.
The ETH price has dropped by 6.1% on the weekly chart and 17.8% on the monthly level. Nevertheless, the ongoing whale accumulation and increase in Ethereum ETF inflow could push the Ethereum coin price to a new peak soon.
Cardano (ADA) Shows Positive Signs, Targets $0.8
The Cardano price has started an uptrend on the weekly chart. Price information from CoinMarketCap shows that bulls have caused the Cardano price to soar by 2.7%. With the ongoing uptrend, the Cardano price might reclaim the $0.8 level soon.
On the other hand, losing this momentum might pull the Cardano price to retest the support at $0.70. In terms of future price, Nala forecasts the Cardano price could soar to $3. The crypto enthusiast told her followers the Cardano coin is about to make history again.
She believes a Cardano ETF could cause a massive price rally in the coming days. Another analyst known as LatinStakePools says the Cardano price might skyrocket to $2.8 soon. Looking at technical analysis, the relative strength index is below the midline and is in the oversold region. The Cardano price has enough room for growth before meeting with resistance.
IntelMarkets (INTL) Presale Frenzy: Traders Rush to Join AI-Driven Platform
IntelMarkets (INTL) is the latest project that is making headlines in the crypto market. Those traders and investors who do not want to be left behind are already flocking to its ongoing crypto ICO. Unlike other projects, IntelMarkets is an innovative, AI-driven crypto-trading platform that aims to utilize advanced technologies to increase users’ chances of success.
Being a dual-chain platform based on Ethereum and Solana, IntelMarkets is one of the fastest and most versatile trading platforms with high liquidity. It taps into the best of Ethereum and Solana to give users access to fast transactions, low fees, and smart contracts.
At the core of this platform is a flagship product called the Intelli-M
The presale is going through the roof, and millions of tokens have been sold. The INTL token price is now at $0.082, with over $9.1 million raised in presale funding. Currently, investors are trying to buy tokens before its launch.
IntelMarkets, The Best Crypto Investment in This AI Era
With institutional investors betting big on AI-driven blockchain projects, IntelMarkets (INTL) stands at the forefront of this revolution. While Ethereum is strengthening its position and Cardano struggles to return to the upper levels, IntelMarkets is preparing for a massive increase. AI cryptos are taking over the world and IntelMarkets is no exception.
For more information about IntelMarkets (INTL) visit the links below:
- Presale: https://intelmarkets.io/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets
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