Solana (SOL) has broken out of a bullish pennant on the weekly timeframe. Crypto Faibik forecasts the value of SOL could rise to $400 following the breakout. Meanwhile, IntelMarkets (INTL) had caught the attention of inevitable in the crypto space.
Analysts forecast the cryptocurrency whose 700% rally shook the market could give new investors up to 10x gains. Such potential makes it a top crypto to buy now. In other news, the price of Ethereum (ETH) could pump to $5k if it crosses the resistance at $4k.
Solana (SOL) Targets $400 After a Major Breakout
Solana (SOL), the Ethereum Killer, has lost the $200 level after a massive downtrend. According to data from CoinMarketCap, the Solana coin price has plunged by 15.4% on the weekly chart and 28.7% on the monthly timeframe.
In terms of price movement, the value of the Solana token dropped to $176 before gaining momentum to climb above $180. Looking forward, the Moon Show believes the future is bright for SOL. They noted the Solana coin has retested the massive triangle in the 7-day timeframe. The Moon Show forecasts a mid-term target of $330.
In another tweet, Captain Faibik mentioned that SOL has broken out of a bullish pennant. The analyst predicts the value of the altcoin might rise to $400. Presently, the relative strength index has dropped close to $30. On the flip side, the stochastic fast (14) and average directional index (14) show buy signals, which is a bullish sign.
Ethereum (ETH) Eyes $5k
In a recent tweet, a top analyst called Jelle noted that Ethereum (ETH) is still battling to break the $4k support level. The cryptocurrency suffered another rejection from the level on December 17. However. Jelle believes bulls would break free soon, as bears cannot remain strong for long.
In the case of a breakout, the value of the Ethereum token could soar to $5k in the subsequent weeks. The Ethereum price is trading below $3.5k due to the ongoing market correction. CoinMarketCap data shows the value of the altcoin has dropped by 15.3% in the past week.
A top trader called Daink notes that breaking the $3.4k level could open the way for the Ethereum crypto price to return to $4k. On the other hand, losing the region could pull the altcoin to $2.75k.
In other news, Ali Charts noted that whales are accumulating Ethereum (ETH). According to him, they have bought over 340k ETH in the last four days, signaling increased trading volume and investors’ interest.
IntelMarkets (INTL): Ready for a Potential 10X Price Pump
IntelMarkets (INTL) is shocking the crypto market, raising more than $5.2 million in funding during its much-anticipated presale phase. At the moment, the INTL token is trading at $0.073273 and the project is quickly becoming popular because of its recent 700% price pump. Some of the most prominent industry analysts are predicting a phenomenal 10x growth for the INTL token.
IntelMarkets helps traders to be as flexible as possible by launching crypto perpetual futures where people can trade long-term without the issue of expiration. This revolutionary feature, coupled with the industry’s best leverage of up to 1000:1, opens up massive profit-making opportunities and at the same time allows traders to fully capitalize on the market swings.
Traders can set up automated stop loss levels and limit orders and can use the power of trading bots to execute sophisticated trading strategies and reduce the maximum loss. Additionally, IntelMarkets has a dual-chain system, which is compatible with both Ethereum and Solana blockchains.
This approach gives the trader the benefits of each of the blockchains such as scalability, low transaction fees, etc. IntelMarkets is equipped with unique features, AI trading tools, and a constantly expanding user base, which will change the crypto trading market. This unique project is destined to become a market maker in the DeFi market, providing traders with a lot of profitable opportunities.
IntelMarkets Competes With Top Crypto Coins Like Solana and Ethereum for Price Gains
IntelMarkets is gaining momentum among investors with its presale success. Analysts say its AI capabilities, unique features, and low market cap make it a good altcoin to buy for 10x profits. Investors sitting on the sidelines should take advantage of the ongoing presale to get the INTL coin at a good price.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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