Categories: Press Releases

Cardano Descending Channel Breakout, Solana’s Cup And Handle Formation, New Coin Aims For 10x Rally

According to a top analyst, Cardano’s (ADA) value could skyrocket to $1.6906 soon if it breaks out of a descending channel. In other news, Solana (SOL) has formed a huge cup and handle pattern on the yearly charts. 

A breakout could propel its price to $960 in the coming weeks. Meanwhile, smart investors have gained 700% returns on their investments with this AI coin called IntelMarkets (INTL). Analysts forecast its price could skyrocket by 10x in the coming months.

Solana (SOL) Poised To Reach $960

A top crypto expert, Mr.Bitcoin has identified a bullish pattern that could take the value of Solana (SOL), the Ethereum Killer to new levels. Mr.Bitcoin posted a chart that showed the Solana coin has formed a cup and handle pattern on the price chart. According to the analyst, a price reset is coming. 

When this happens, the value of the Solana crypto could surge to $960 in the coming months. Another expert called Captain Faibik notes the Solana token is prepared to break out of a bullish pennant. He predicts the value of SOL could rise to $700 soon.

Presently, the cryptocurrency’s value has dipped by 9% on the weekly level. However, technical analysis supports the breakout. The Hull Moving Average (9) and Average Directional Index (14) are in the buying territory, signaling high bullish activity.

Cardano (ADA) Ready for Breakout Out of Descending Channel

Cardano (ADA) is still battling with bears after its latest pullback from $1. Data from CoinMarketCap shows the value of the cryptocurrency has dropped by 10.3% on the weekly chart and 12.6% on the monthly timeframe.

Looking ahead, Faceless Trader forecasts the value of the Cardano coin could surge to $1.6419. If this happens, the analyst predicts higher targets of $2.3873 and $3.1189 in the coming months.

Another analyst called FLASH posted a similar forecast. He shared a chart that showed the Cardano crypto trading in a descending channel. According to him, the DeFi coin is set for the next leg up. FLASH forecasts the Cardano price might reach $1.6906. 

In the meantime, the sentiment surrounding the crypto is bullish. The upcoming Plomin mainnet hard fork upgrade, which will unlock Cardano’s (ADA) final on-chain governance features, is around the corner. This upgrade could take place in the first week of January. 

IntelMarkets (INTL) Soars Above All Top Altcoins

IntelMarkets (INTL) is the trending new altcoin that has set the market ablaze with a 700% price pump. INTL is currently trading at $0.073273 and the industry experts are expecting a 10x price increase for the best ICO in the market right now. The very essence of IntelMarkets’ explosive growth is based on a groundbreaking concept of DeFi, supported by the Rodeum AI™ trading robots. 

These intelligent bots, unlike the autonomic robots, can evolve as they work and compete in trades in real time and gain insights. With a high leverage of 1000x, traders can squeeze out the maximum profit at the lowest possible risk. IntelMarkets offers traders a set of sophisticated analytical tools based on more than 100,000 values and indicators to give a unique vision of the market. 

Such information helps traders make decisions with certainty and coordinate their actions in the changing crypto environment effectively. IntelMarkets is not just another crypto project; it is the new generation of decentralized finance that will revolutionize trading. 

IntelMarkets is a platform that is equipped with AI tools for trading, a friendly interface, and a group of active traders—it is ready to become the market leader in the field of cryptocurrency trading.

The Best Cryptos To Buy Now

Solana (SOL), Cardano (ADA), and IntelMarkets are among the top altcoins to watch right now. Analysts forecast their prices could skyrocket to break out to new highs soon. Meanwhile, IntelMarkets has a 20% bonus for those who buy its native token using the code “INTL20.”

For more information about IntelMarkets (INTL) visit the links below:

Presale: Website

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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