INTL Presale Surpasses Expectations With 50x Rally Forecast As RENDER & ADA Stumble

With the cryptocurrency market showing mixed signals, IntelMarkets (INTL) is surpassing expectations. It is emerging as a strong contender to outshine major players like Cardano (ADA) and Render (RENDER). With AI-powered tools and an ambitious roadmap, could INTL be the next big thing in the crypto space? Let’s dive into what’s driving the buzz.

RENDER on Shaky Ground: Can It Reverse the 40% Slide?

The RENDER price has dropped significantly in recent weeks, from $11 to below the $6 level. It marked a 40% decrease since June. This downturn has invalidated multiple major support levels, and technical indications suggest that bearish momentum may persist.

The Chaikin Money Flow (CMF) indicates strong outflows and growing selling pressure. It has been in a downtrend for the last two months and is presently below the zero line. It is a clear bearish indicator for RENDER in the short term.

– Advertisement –

Despite these challenges, some investors remain optimistic, as seen by the rise in the Mean Coin Age indicator. It shows that many investors are hanging on to their tokens despite market volatility, perhaps preventing a more major sell-off.

The price is currently holding around $5.5. However, consolidation in the $6.8 to $8.0 zone should bring some relief if resistance is broken. To see a bullish comeback, RENDER has to break through the $8 level. It might lead to a surge towards $9 and perhaps $11.

Cardano Bulls vs. Bears: Who Will Win the Battle for $0.35?

Cardano’s price has fluctuated dramatically in the first few days of October. It gave signs that ADA might participate in Uptober with high spirits.

So, after reaching $0.40 just days ago, ADA has subsequently dropped below $0.35. That’s a critical support level to which the ADA price is desperately hanging. The cryptocurrency recently fell below $0.30, increasing worries that it may retest these lows if the market conditions tighten.

Although bulls have prevented ADA from falling significantly, the charts suggest that the current downward trend may continue. It is now trading at just over $0.35. The Exponential Moving Average (EMA), an important technical indicator for anticipating price patterns, indicates ADA is still vulnerable to drops.

Looking at the daily chart, ADA is facing major resistance at $0.36. It might go below the $0.35 support level if it fails to clear this resistance. That might trigger a dip below $0.31.

IntelMarket’s AI-Powered Platform Paves the Way for a 50x Rally

IntelMarkets (INTL) is making headlines as its presale continues to outperform expectations, with investors scrambling to grab their positions ahead of the anticipated huge spike.

Currently valued at $0.027 during its third presale period, industry insiders predict a rapid rise to $1 in the following months, representing a staggering 50x potential rally. So far, IntelMarkets has secured $920,000, and with the presale gaining traction, the total funding is expected to approach $5 million by the end of 2024.

What distinguishes IntelMarkets is its ambitious drive to revolutionize the crypto trading scene using a combination of blockchain and artificial intelligence. The team, which includes veterans from MIT, OpenAI, and Goldman Sachs, intends to enter the $264 billion global crypto trading platform industry, which can expand by 2030.

IntelMarkets provides a dual-chain platform tailored for both performance and safety by using Ethereum’s smart contract capability and high-level security, as well as Solana’s famous speed and cheap transaction fees.

Notably, their innovative Route X21 protocol promises improved protection against quantum attacks, while advanced AI trading bots allow users to analyze market trends, manage portfolios, and even employ automated copy trading strategies, making IntelMarkets a platform that experienced traders are eager to explore.

With cutting-edge technology and institutional support, IntelMarkets is on course to become the industry’s dominating force, leaving initiatives like RENDER and Cardano (ADA) behind.