The crypto market charts an upward course, with Bitcoin (BTC) and altcoins swinging high. Solana (SOL) and Shiba Inu (SHIB) have been among the biggest winners, but how high can they go?
At the same time, analysts are bullish on IntelMarkets (INTL), a new AI crypto. Its impending adoption as a novel AI-powered trading platform makes it a new DeFi project to keep on the radar.
This article is sponsored content and does not reflect the opinion of the CryptoDnes team. The material does not constitute investment advice and is provided by the respective company.
IntelMarkets (INTL) is on investors’ watchlists due to its bullish narrative and massive growth prospects. Its upside potential can be linked to its imminent adoption as a novel AI-powered trading platform. Gearing up to reshape the $347 global crypto trading market with AI, it is a promising wave not to miss.
It will combine artificial intelligence with blockchain technology and DeFi. This will see it build a trading platform powered by AI, offering users unmatched computing power. Moreover, its trading robots will be trained on over 100,000 data points, giving users access to excellent trading strategies.
Equally important, the Intelli-M trading systems can perform technical calculations from multiple markets in seconds. With the presale selling out fast—over $2.1 million has been raised in record time—now is a great time to become early adopters. A token costs only $0.045 in the fifth stage and is tipped for an 85x rally after listing—a strong contender against Solana (SOL) and Shiba Inu (SHIB).
Solana (SOL): Road to $1,000?
Solana (SOL), the fourth-largest cryptocurrency and DeFi platform, is among the best altcoins. It swung high, approaching a breakout and price discovery. Trading alongside the wider crypto market, the Solana price is up by 35% in the past 30 days, changing hands above $205.
The price soared over 10% on the weekly chart, crossing $220 earlier this week. While the bulls seem to be slowing down, key indicators like the MACD (12, 26) suggest further upswings. The altcoin trades above the 10-EMA ($199) and 10-SMA (195), which are buy signals.
Moreover, crypto analyst Joyfuljairo123 highlighted the Solana price breaking out of a massive cup and handle pattern and retesting the neckline around $195 to $199. If successful, according to them, the price target is $417 in line with the Fibonacci .618 level. Another crypto analyst, Yoddha, has $250 to $450 as their optimist targets for this bull run and $750 to $1,000 as sentimental targets.
Shiba Inu (SHIB) is one of the leading memes and a top altcoin. It leads the memecoin movement on the Ethereum blockchain, contributing to the rising retail and institutional demand. At the forefront of the meme craze, the Shiba Inu price gained 25% on the weekly chart and 30% in the monthly timeframe, changing hands above $0.000023.
According to JavonTM1, Shiba Inu (SHIB) is gearing up for a run toward $0.00081. Meanwhile, Faizan_Haroon01, another crypto analyst, suggests the Shiba Inu coin price could increase 10x if the crypto market cap hits $10 trillion.
At the same time, the MACD level (12,26) points to further upswings. The memecoin price trading above the 20-SMA ($0.00002) is a bullish signal suggesting a price leap in the future. To ride this bullish wave, SHIB is among the best cryptos to invest in.
IntelMarkets (INTL) is a low-cap gem with plenty of room to run. Besides, its AI-DeFi narrative paints a bullish picture, making it a good crypto to buy alongside Solana (SOL) and Shiba Inu (SHIB). With no bull market history, it is poised to run the hardest this cycle.
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