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Cryptocurrency News Articles

IntelMarkets (INTL) Goes Big For $100,000 As Presale Stage 7 Begins

Dec 03, 2024 at 08:52 pm

IntelMarkets (INTL) brings an AI-powered trading platform set to redefine the crypto game. Unleash the power of advanced arbitrage and amplify your gains

IntelMarkets (INTL) Goes Big For $100,000 As Presale Stage 7 Begins

Cryptocurrency enthusiasts are turning their attention to an emerging platform as crypto giants like Ethereum (ETH) and Dogecoin (DOGE) struggle to maintain their highly bullish momentums.

While ETH reclaims its previous support level of $3500 and DOGE turns bearish, IntelMarkets is emerging as an opportunity to make massive gains as investors continue joining the INTL presale mania.

Here's a closer look at the latest updates from ETH, DOGE, and IntelMarkets.

Ethereum (ETH) Price Analysis: ETH Trades At $3664

After registering a minimal change on Wednesday, Ethereum (ETH) price is down on Thursday with a slight decrease. ETH started the day at an intraday high of $3,782 before quickly dropping to lows of $3,640.

The price recovered slightly and is currently trading at $3,664, down by 1.25%. As a result of the price decrease, the apex crypto now has a total market cap of $431,023,122,834.

During the past 24 hours, the highest and lowest prices for ETH were $3,782 and $3,640, respectively. Throughout the past week, ETH has seen a price fluctuation of around $760 with highs of $3,782 and lows of $3,024.

Over the past month, the price of ETH has gone up by almost 50% following Donald Trump’s election victory. As a result, the price of ETH has risen from lows of $2,483 to highs of $3,782.

After struggling to go above $3,700 on Thursday, ETH might be headed for another attempt at breaking through this resistance level. In the event that ETH manages to cross this level, we can anticipate a rally toward the $4,000 price point.

However, if ETH fails to break through this resistance and falls below the $3,600 support, it could indicate a further decline toward the $3,400 price level.

After registering a minimal change on Wednesday, the strength of the buying pressure on Thursday seems to be determining the direction of ETH.

If buyers can maintain their momentum and push ETH above the $3,700 resistance, we might see a rally toward the $4,000 price point. On the other hand, if sellers manage to drive ETH below the $3,600 support, it could lead to a further decline toward the $3,400 price level.

Dogecoin (DOGE) Outlook: Daily Charts Show DOGE Slumping!

After rising by over 10% this week, Dogecoin (DOGE) price seems to be slowing down a bit on Thursday with a slight decrease. This increase has brought renewed attention to the iconic coin, especially after Elon Musk's recent X post.

An image was posted by Musk on X, showing a meme about the Department of Government Efficiency (D.O.G.E.) with the caption, “When Elon.” This post has led to further speculation on Musk's impact on DOGE's price.

Despite this resurgence, analysts suggest that DOGE’s era of substantial returns might be over, with its current activities showing smaller increases compared to previous surges.

Nonetheless, the recent uptick showcases DOGE's ability to attract attention, especially during a market adjustment. Currently, the meme coin is slumping on the daily charts, registering an intraday decline of 0.92%.

According to price analysis, DOGE started the day at an intraday high of $0.082 and quickly dropped to lows of $0.078 before recovering slightly. The price is currently down by less than 1% and trades at an average price of $0.081, indicating a slowdown in momentum.

As a result of the price decrease, DOGE now has a total market cap of $10,888,833,828, ranking the meme coin in 9th place overall.

During the past 24 hours, the highest and lowest prices for DOGE were $0.082 and $0.078, respectively. Throughout the past week, DOGE has seen a price fluctuation of around $0.004 with highs of $0.082 and lows of $0.078.

Over the past month, the price of DOGE has gone up by over 10% following Musk's X post. As a result, the price of DOGE has risen from lows of $0.074 to highs of $0.082. After rising by over 10% this week, DOGE might be headed for another attempt at breaking through the $0

Original source:nulltx

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