IntelMarkets (INTL), an emerging AI project, is poised to exceed expectations and outpace major market players like Cardano (ADA) and Render (RNDR) in the ongoing bull run. As the crypto market heats up, INTL demonstrates more strength and prospects than its peers, suggesting it could surpass the levels previously associated with the top altcoins.
Let’s determine how high INTL will likely go during the bull market!
IntelMarkets Eyes Higher Levels Than Its Rivals
IntelMarkets is prepared to exceed market expectations and leave competitors like Cardano and Render in the dust during this bull run. The AI coin has rallied 711% since its presale began, significantly surpassing the wider altcoin market’s year-to-date (YTD) performance.
The IntelMarkets platform harnesses blockchain and AI powers to enhance its efficiency and security. It runs on a dual-chain system, using both Ethereum and Solana to drive its operations.
By integrating Ethereum, users will have access to a suite of sophisticated features, such as decentralized applications, liquidity pools, and smart contracts. In addition, transaction costs will be lower compared to other networks with Solana’s integration.
With over 10,000 cryptocurrencies available on IntelMarkets, traders have a vast array of options to diversify their portfolios. The upcoming bull run presents an exciting opportunity to explore new coins and expand investment horizons.
What sets IntelMarkets apart is its focus on improving profitability and mitigating market risks. The platform does so by introducing AI-powered trading bots to analyze the market thoroughly and suggest the best strategy so that you end up on the winning side even in a turbulent market.
Cardano’s Breakout to $2 is Imminent as ADA’s Price Tests Key Support Level
Cardano’s ADA eyes an imminent price breakout after a symmetrical show shows up on its one-day chart. It currently trades around $1.059, which is near the $0.916 lower support level.
Experts consider this support zone the perfect entry for traders before ADA initiates a rally. With the symmetrical triangle formation, Cardano has shown the potential to hit targets at $1.450, $1.750, and $2.030.
Rose Premium, a crypto analyst, suggested traders set a stop loss at $0.89 in case of an unexpected price reversal before ADA hits the set targets. If the price follows the pattern, it could reach $2 before the bull run ends.
Cardano’s bullish outlook fueled positive sentiments about ADA’s ability to reach the set price. Meanwhile, ADA trades at $1.09, down 5.80% over the week.
Render Scales Descending Trendline: Can It Reach $31 in This Bull Run?
Render had demonstrated bullishness on the weekly timeframe as it broke through a descending trendline that ended the October 2023 rally. This breakout has turned RNDR’s outlook from bearish to bullish.
Between October 2023 and April 2024, Render traded beneath the $6.50 resistance level, which matched the exact position of the trendline. A rise in volume coinciding with the breakout suggests that the breakout was legitimate.
Price has since moved past several resistance levels unhampered as buyers overpower sellers. RNDR recently reached $10.90 after beating the $10 resistance wall.
Now, RNDR is targeting $31, a price level it will attain this bull run with sufficient buying power and bullish momentum. Due to the market-wide decline, RNDR recorded a 9.62% drop to $9.20.
INTL to Rise Above ADA and RNDR!
INTL’s outlook suggests it could surpass ADA and RNDR in this bull market. INTL achieved a 711% increase in 2024 in its presale compared to the other top altcoins.
The public presale is now in Stage 8, with INTL trading at $0.073. With INTL targeting a listing price of $0.110, investors can scoop 50% gains when the token hits the target price.
Moreover, experts posit that INTL could soar 5,000% after its exchange debut as its adoption rate spikes. This projection presents it as the best cryptocurrency to buy this bull run.
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