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Cryptocurrency News Articles

IntelMarkets (INTL) Coin Price Prediction: Will INTL Skyrocket to $0.25 by 2023?

Nov 07, 2024 at 02:00 am

While the crypto market goes through another volatile period, not all tokens are losing their value. Polkadot (DOT) and Near Protocol (NEAR) have both pulled back down to previous levels, which has caused uncertainty among their holders.

IntelMarkets (INTL) Coin Price Prediction: Will INTL Skyrocket to $0.25 by 2023?

As the crypto market continues to experience volatility, some tokens are bucking the trend and holding their value.

Polkadot (DOT) and Near Protocol (NEAR) have both pulled back down to previous levels, sparking uncertainty among their holders.

On the other hand, IntelMarkets (INTL) is showing no signs of slowing down and is proving to be a force to be reckoned with in the current bear trend.

According to analysts, this DeFi cryptocurrency could soar by 500% before the year ends.

Here's a closer look at the price performance of DOT, NEAR, and INTL.

Polkadot (DOT) Drops Below 50-SMA

The price of Polkadot (DOT) has been consolidating between $3.60 and $4.60 for the past month.

An attempt to break above the upper region failed, and the Polkadot coin dropped to the $3 region.

However, the coin managed to find support at 50-SMA and bounced back up to begin the week.

Currently, DOT is trading at $4.26, down 7.8% on the weekly timeframe and 7.2% over the past month.

Due to the bearish sentiment, the Polkadot crypto is now trading below the 50-SMA.

Also, most of its technical indicators, like the RSI, are bearish.

However, analysts like Alex $DOT predict the Polkadot price could skyrocket to $11 in the next few weeks if Trump emerged as President of the US.

Flash also predicted the price of Polkadot (DOT) might rise to a peak of $11.43.

Near Protocol (NEAR) Drops Double-Digit Losses, Analysts Still Optimistic

Near Protocol (NEAR) is currently showing double-digit losses of 16.1% on the weekly timeframe and 22.0% on the monthly chart on CoinMarketCap.

The Near Protocol coin, which was trading above the $5 mark in October, is now below 50-SMA ($4.67).

Also, the cryptocurrency’s 14-day RSI is in the oversold region, which is a bearish sign.

This bearish sentiment could lead to more downward movements in the coming days.

However, analysts believe the Near Protocol price could soar to new levels in the coming weeks if positive sentiment returns to the market.

Wolf of Charts predicts the value of the Near Protocol crypto might soar to $9.

Another expert, ND, predicts a price surge to $5 is possible if the Near Protocol (NEAR) token crosses the 400 EMA resistance.

IntelMarkets (INTL) Price Pumps 25%

IntelMarkets (INTL) is a new platform in the crypto market, aiming to bring professional trading tools to ordinary people who don't usually have access to institutional-grade trading.

By combining AI and complex financial products, IntelMarkets provides retail traders with advanced analysis and tools for approaching crypto trading, changing the nature of their trading.

Another unique feature of IntelMarkets is its multi-channel analysis tool, which scans through over 10,0000 data points to provide real-time insights.

This level of analysis helps the user decide on the next move when it comes to cryptocurrency trading, as the time factor and the accuracy of the analysis are very crucial.

The platform’s Intell-Array™ monitoring system takes it a step further and condenses the data into a simple buy or sell signal, helping traders know the next action to take in a market that is usually filled with confusing signals.

Moreover, IntelMarkets is built on the Ethereum and Solana blockchains, giving traders access to smart contracts and liquidity, high-speed transactions, and low fees.

The IntelMarkets coin, INTL, has increased by 25% to a price of $0.045727 amid the downturn. Analysts predict the price of IntelMarkets could increase by 5x in the next few weeks.

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Other articles published on Dec 05, 2024