The crypto market has finally started printing green candles, with Bitcoin (BTC) leading the charge. Over the weekend, the market witnessed a major surge in buying, and as a result, the overall crypto market cap increased by over 1%, crossing the $2.2 trillion mark.
Altcoins were a key contributor to this surge, with leaders like Tron (TRX) and newcomer IntelMarkets (INTL) leading the charge. Read on to learn about what the future holds for these exciting ecosystems and what you can expect next from Bitcoin (BTC).
Bitcoin (BTC) recently showcased a strong performance in August as it inched closer to a retest of its previous all-time high at $69,000. Even though investors were expecting August to be a historically slow month, the market defied expectations, and BTC managed to jump significantly.
However, the bullish run is far from over. Technical analysis shows that Bitcoin (BTC) could be bracing itself for a historic rally. With an RSI of 58, Bitcoin is currently showing “Buy” on the daily technical charts. This development is also supported by historical market data for BTC.
This month is expected to have a critical impact on the cryptocurrency market as traders expect a significant rate cut from the United States FED. This cut would amplify the inflows into the market and have a major impact on Bitcoin (BTC).
The Tron Network (TRX) surprised everyone after its impressive performance in the past week. Led by Founder Justin Sun, the altcoin managed to break past its long-term resistance of $0.1330 and is currently testing the $0.151 range. The key propellant for this upgrade was the announcement by Router Protocol, which confirmed the mainnet upgrade with TRON.
Additionally, Tron (TRX) has seen a surge of inflows from its recent memecoin hype. Projects like SUNDOG have made traders millionaires with returns of up-to 100x for some early investors. However, the initial surge seems to be cooling down for Tron as the currency braces for a correction.
The 24-hour trading volume for Tron (TRX) is down over 50%, showcasing an increase in bearish sentiment. So, why are traders signing up for IntelMarkets (INTL) instead of Tron before the bull season takes off?
While Bitcoin (BTC) gears up for a new move, Tron (TRX) has lost steam from its previous leg up. In this volatile market, experienced traders are betting on new exchange IntelMarkets (INTL) for life-changing gains. Recently, a leading Tron (TRX) trader made a bet on the project by selling over 1 Million Tron (TRX) tokens to join the IntelMarkets (INTL) presale.
IntelMarkets (INTL) has received significant attention because of the platform’s deployment of artificial intelligence. Popular features include automated market analysis and self-learning trade bots that allow users to optimize their capital allocation based on past performance and risk appetite.
In conventional trading structures, retail traders are often at a disadvantage. The technical analysis shows mixed signals, and it can be difficult for traders to figure out a clear entry point. However, the Intell-Array™ monitoring system evaluates over 100,000 data points concurrently to generate a unified “buy” or “sell” signal for traders.
As a result of these features, traders are jumping at the chance to join the presale at the attractive price of $0.009. Considering the listing price of $0.11, early participants could be set for up to 1,100% gains at the current price.
This attractive growth prospect explains why you would join Bitcoin (BTC) and Tron investors in this trend before it goes mainstream.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.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.
The cryptocurrency market is no stranger to unexpected success stories, but few are as captivating…
As we dive into November 2024, the crypto market is buzzing with new opportunities. Algorand…
The integration of ISO 20022 as a global messaging standard for financial transactions is a…
The crypto market is buzzing again, and November 2024 is shaping up to be one…
Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has officially announced he…
Asking a bettor what their favorite casino games are will always result in one of…