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Solana and Cardano eye record highs, while Intel Markets emerges as a potential 10x DeFi gem with its AI-driven platform.
The crypto market could end the year with an even bigger rally than November, according to forecasts from top analysts. Solana (SOL) is expected to rocket to $400 after breaking out of a bullish pennant. On the other hand, analysts say Cardano (ADA) may reach $5.
Meanwhile, the most interesting part is the potential growth of the DeFi coin, Intel Markets (INTL). Analysts say the presale token could soar 10x in the coming months based on its unique AI features.
Solana breaks out of bullish pennant
The Solana coin has broken out of a bullish pennant that has been in place for over 8 months. This move is often regarded as a sign of a potential uptrend. Two analysts who noticed the breakout believe a new all-time high is on the way.
Titan of Crypto noted that Solana had printed its highest monthly candle close ever. They forecast the value of the Solana crypto could surge to $400 in the coming months. Another expert called Jelle predicted a price range of $400-$600.
At the moment, the Solana price has suffered a minor correction, dropping to the $220 level. CoinMarketCap price information shows the altcoin has losses of 4.8% and 6.9% on the 7-day and 14-day timeframe, respectively. Despite the decline, SOL’s RSI remains above the midline, which is a bullish sign.
Trend Rider says Cardano is set for a new ATH
The Cardano coin started an uptrend in the first week of December. The cryptocurrency has risen from a low of $1.06 to a peak of $1.31. Price information from CoinMarketCap shows the Cardano price is now up 31.8% on the 7-day chart and 275.6% on the 30-day timeframe.
With the recent rally, the Cardano crypto could rise to $2 in the coming days. RAFAELA RIGO is one crypto enthusiast who believes this scenario could play out in the next few weeks. Another analyst, Trend Rider, predicted the value of Cardano might rally very quickly to a new all-time high if it closes above $1.20.
The coin’s current peak stands at $3.10. In the meantime, the Cardano token is showing bullish signals, according to Tradingview. Firstly, its 14-day RSI is in the overbought region. Also, the Hull Moving Average (9) and VWMA (10) are flashing buy signs which signal high buying activity.
Intel Markets potential 10x growth piques investors’ interest
Intel Markets (INTL) is on the list of the best ICO projects in the crypto sphere. Following an increase of more than 600%, the INTL token is now trading at $0.064. It is predicted to rise by 10x, making it a good investment token. Unlike traditional platforms, Intel Markets is based on Rodeum AI technology, which serves as the building block of the platform’s blockchain.
Besides the decentralized application development, Rodeum AI provides users access to advanced trading bots and Multichannel Analysis tools for market analysis. Also, Intel Markets has its security measure known as Route X21 protocol. This quantum-proofing drive makes sure the users’ assets are secure as the blockchain universe unfolds.
As a platform with a dual-chain architecture, Intel Markets can function on the Ethereum and Solana networks. This makes it possible for users to decide which blockchain they wish to use.
Ethereum provides access to smart contracts, and Solana provides fast and cheap transactions. Intel Markets’ integration of both AI and blockchain technologies positions it as a top contender to trading platforms like Binance and Bybit.
Final thoughts
Solana and Cardano could hit high levels before the end of this year if the bullish momentum in the crypto market remains. Meanwhile, the synergy of AI and DeFi utility makes Intel Markets one of the best cryptos to buy now. Analysts expect its price to rally to new levels in the coming months.
To learn more about Intel Markets, visit the presale website, Telegram, and Twitter.
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