The crypto market is witnessing a massive influx of traders as investors look forward to a coming bull run. At the moment, Avalanche (AVAX) and Cardano (ADA) whales are showing interest in a new ICO called IntelMarkets (INTL).
IntelMarkets seeks to give traders access to advanced trading tools, and AI bots that they can use to make more profits. Analysts believe IntelMarkets’ adoption could increase in the coming weeks, affecting the price of its native token, INTL. They predict a 500% price surge before the end of Q4 2024.Â
Avalanche (AVAX) price forecast
Avalanche (AVAX) is one of the top crypto coins in the market right now. Over the past year, its price has increased by 163.3%. The cryptocurrency started the year on an uptrend, soaring to a yearly peak of $60 in March.Â
However, the bearish sentiment that followed in the subsequent months affected the price movement of Avalanche crypto. Presently, it is bullish on the monthly timeframe, with a gain of 14%.
In the first week of October, the Avalanche price has dropped by 7.8%.In terms of value movement, Avalanche coin is consolidating between $22 and $32. Still, analysts are bullish about the cryptocurrency. ZAYKCharts told his followers Avalanche (AVAX) has broken out of a falling wedge and could rally to $75 in the coming months.
Cardano (ADA) price fluctuates amid token unlock
Blockchain reporter Colin Wu posted on X that Cardano (ADA) will unlock 18.53 million ADA tokens worth about $6.5 million in the next seven days. Currently, this figure represents only 0.05% of its circulation out there in the market.
Notably, such unlocks have not caused massive price fluctuations for Cardano ADA due to the low percentage of coins unlocked. Presently, the value of the cryptocurrency is consolidating between a narrow range.
According to CoinMarketCap, the Cardano coin has been stuck in the $0.3-$0.4 range. The token is under mixed sentiment, showing a loss of 9% on the weekly timeframe and a profit of 2% on the monthly chart.
Going forward, analysts are bullish about the cryptocurrency. They forecast that the Cardano price could rally to the 200-SMA ($0.457609). CryptoWinkle predicts the value of the cryptocurrency could soar to $0.7000 in the long run.
IntelMarkets (INTL) To Deploy Advanced Trading Tools on Its PlatformÂ
IntelMarkets (INTL) is developing a crypto exchange that will allow investors to freely utilize advanced trading instruments. Investors will be able to analyze more than 10,000 units of data within a few seconds to get the right trading signals. In addition, the IntelMarkets platform works with two chains: Solana and Ethereum.
Solana provides traders with cheap and lightning-fast transactions, whereas Ethereum provides maximum security and access to DeFi applications. In fact, the IntelMarkets multichannel analysis tool can compile information from more than a thousand sources and allow traders to make immediate decisions based on changes in the market.
Also, IntelMarkets has presented AI trading bots that allow investors to study the tendencies of the markets and evaluate the possibilities with the potential risks. The AI Rodeum trading bots reduce the risk of mistakes as they learn from their errors. Therefore, traders can automate almost all their trades, set stop losses, and take profits and how much they are willing to trade.Â
The bot will handle the trades while monitoring market movements. Currently, IntelMarkets has recorded a 200% rise in its value from $0.009 to $0.027364. Experts predict that the value of the DeFi coin will rise by at least 500% by the end of the fourth quarter.
IntelMarkets Attracts Avalanche and Cardano InvestorsÂ
Avalanche (AVAX) and Cardano (ADA) are very optimistic about IntelMarkets. The DeFi project has already recorded a 200% surge and is expected to give investors another 500% returns this fourth quarter. Also, IntelMarkets plans to raise $5 million in funding before the end of this quarter. It has raised over $930k so far.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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