In an effort to shine in the market, Uniswap (UNI), BONK, and IntelMarkets (INTL) have been competing with each other. While Uniswap (UNI) and BONK have been performing well, IntelMarkets (INTL) has taken the lead over both altcoins due to its presale mania, which has raised over $1 million.
Uniswap (UNI) Price Surges Amid Bearish Conditions
While the crypto market grapples with downward pressure, Uniswap (UNI) has been resilient, rallying against the tide. This unexpected move has investors wondering if Uniswap’s (UNI) price can sustain this positive momentum and challenge higher price levels.
On the 4-hour chart, Uniswap (UNI) price is trading above the 100-day Simple Moving Average (SMA) and is approaching the $8.7 resistance level. Indicators such as the Relative Strength Index (RSI) show strong upward movement, suggesting buyers are in control.
The 4-hour RSI has climbed from 52% to 73%, signaling renewed interest in Uniswap (UNI) as buyers gain confidence. This upward trend in the RSI indicates a potential for further gains as buyers push toward higher resistance levels.
Meanwhile, the daily RSI has jumped from 43% to 65%, further supporting an optimistic outlook. Should Uniswap (UNI) price continue this trajectory, breaking key resistance levels might lead to sustained growth and possibly new all-time highs.
BONK 1-Day Price Chart Analysis
The one-day price analysis for BONK Coin revealed a downward trend for the cryptocurrency. It fell to a low of $0.000208 in the past 24 hours. In addition, overall market sentiment remains bearish as well. As the volatility is on the decreasing end, there are very low chances of reversal in the current trends.
The area in between the Bollinger bands determines the market volatility. As this area is currently deteriorating, this refers to a decrease in volatility. Moving on, the upper Bollinger band, serving as the resistance, has shifted to $0.00002504. Whereas, the lower Bollinger band, acting as the support, has moved to $0.00001657.
The four-hour price chart of BONK Coin confirmed a declining market trend for the currency. BONK value has receded to a $0.00002082 low during the past four hours. The selling activities remained considerably high, as reflected by the receding price movement. If the selling pressure continues to accelerate, there is a high chance of further devaluation.
The RSI indicator is situated within the neutral region. Its current value is 43.21 and is still moving downwards. The declining movement of the RSI confirms an imbalanced trading environment.
IntelMarkets (INTL) Gains Traction!
Intel Markets has been a major topic in the crypto community. Recently, it announced that it would partner with many big-time crypto players, including Kraken, Trezor, and Uniswap. These partnerships will enhance the Intel Markets platform and improve the user experience.
At its core, Intel Markets aims to dominate the crypto trading market. Intel Markets may be unique because it will be the first AI-powered smart trading platform. On this platform, there will be perpetual futures contracts with no expiration date, dual-functionality thanks to Solana and Ethereum support, and copy trading—potentiality making it a fan-favorite.
The INTL native token is the fuel behind this platform. It is now in Stage 3 of its presale at $0.027. This price point has made people gravitate to it, helping it raise over one million dollars so far and potentially surging beyond it before the completion of stage 3.
As Intel Markets keeps on selling tokens, it is obvious that this token cannot be overlooked. Predicted to compete against Uniswap (UNI) and BONK in the next crypto bull run, INTL is likely to give fantastic returns. Since it also has a smaller market cap than these cryptos, it will surge much faster as well. For those looking for the next huge winner in the crypto market, Intel Markets should be one to keep an eye on.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
The post IntelMarkets vs. Uniswap vs. Bonk: Which Altcoin Is Set for a Mind-Bending 3000% Ride appeared first on TheCoinrise.com.
