While the crypto community is awaiting the Avalanche9000 upgrade, Chainspot plans to provide users with fast and secure on-chain swaps on the Avalanche (AVAX) network. In other news, FinancialFreedomGoals forecasts the price of the Cardano coin could drop to $0.2 soon.
As a result, smart investors are jumping to IntelMarkets to shield their assets from losses. Analysts forecast the price of IntelMarkets could increase by 5x in the coming months, making it a good cryptocurrency to buy now.
Chainspot, the ultimate gamified cross-chain liquidity and yield aggregator, has signed a new partnership with the Avalanche network. The aim is to provide traders with access to secure, fast, and efficient cross/on-chain swaps at the cheapest rate across many networks.
In other news, Avalanche crypto is trading above the 50-day SMA ($23.54), a sign that bulls are in control of the market. Data from CoinMarketCap shows the Avalanche price has increased on the weekly, biweekly, and monthly timeframes.
Its market cap is consolidating between $8 billion and $11.5 billion. While the reason for the price surge is unknown, analysts are looking forward to more gains in the future. Coincodex forecasts the price of Avalanche (AVAX) could increase to $30.91 in the coming weeks.
In a recent TradingView analysis, FinancialFreedomGoals highlighted a bearish prediction on Cardano (ADA). The analyst said that most altcoins, including Cardano ADA, are in a bear market.
According to FinancialFreedomGoals, Cardano (ADA) has remained below the 200-EMA ($0.437131) line on the daily chart, thus establishing bearish sentiments. In addition, they pointed out that the bearish signal was reinforced by the MACD line falling below the signal line.
Based on these signs FinancialFreedomGoals predicts possible retracements to important Fibonacci levels at $0.2506 and $0.2197. However, the analyst pointed out that if the Cardano price gets above $0.3815, there could be a change of trend.
In the meantime, ADA has been consolidating between $0.300 and $0.400 on the monthly timeframe. The cryptocurrency’s market cap is consolidating between $11 billion and $14.5 billion.
IntelMarkets (INTL) is an upcoming trading platform that has attracted a ton of attention because of its novel artificial intelligence infrastructure, which is supported by AI trading robots that carry out self-learning. These bots can learn from their mistakes and can be taught to follow certain strategies and trading patterns.
Using a proprietary L1 blockchain infrastructure, the IntelMarkets goal is to release the world’s First Enterprise-Grade Artificial Intelligence Infrastructure for Trade Processing and Analysis. Cyberscope has already evaluated the project’s smart contract tagging it safe for new trades who are new to the crypto space.
The project also employs other features like a dual chain architecture, which allows it to provide traders with access to fast trades at low cost. Other features are 1000x leverage, copy trading, access to risk management tools, trading of perpetual futures, etc. The perpetual futures market sees over $100 billion in daily turnover, giving IntelMarkets room for growth.
Currently, Intel Markets can be purchased only at $0.018 and, at the moment, is in stage 1 of the presale. The project has raised over $250k and is now gunning to cross the $1 million mark soon. The presale is expected to keep growing, and so is the price of IntelMarkets.
The price movement of Cardano (ADA), much like the rest of the crypto market, has been sluggish in the past weeks. The altcoin has been trading between a narrow range of $0.3-$0.4.
With the possibility of potential losses on the way, investors are turning to projects like IntelMarkets with more potential for gains. Analysts forecast the price of IntelMarkets will increase by 5x in the coming months, making it a good crypto to buy in 2024.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses.
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