Chart Reader Identifies 615% Rally Pattern For Solana And This IntelMarkets (INTL) AI Crypto
Solana (SOL) is experiencing contrasting fortunes. Meanwhile, IntelMarkets (INTL), a revolutionary AI-powered trading platform, is gaining traction. Lets take a closer look at these evolving trends.
Solana (SOL) Rebounds After FTX Unstaking: Bullish Rally Ahead?
The price of Solana (SOL) came alarmingly close to breaking below its critical $126 support level. This support has kept the price from falling since the beginning of March.
However, the cryptocurrency exhibits signs of recovery, which might partly be attributed to FTXs recent unstaking of $23 million in SOL tokens. Since technical indications suggest that SOLs price may be headed upward, traders are eager to find out if Solana (SOL) is about to have a price rally.
Solanas pricing has been oscillating between $186 and $126 in recent weeks. Under $160, a short-term consolidation is taking place, with the current price of $134 circling the $137 local resistance level. SOL must overcome this local barrier to keep moving upward.
Given the strong technical indicators, such as the CMF and MACD, Solana (SOL) is expected to turn this $137 barrier into support and rebound higher. If this occurs, the altcoins next target will be $155, followed by a more crucial resistance level of $160. Breaking $160 may allow for more price increases, possibly a 615% price rally.
However, if it is unable to break over $137, Solana may fall back to its prior support of around $126. This situation would weaken the bullish prediction and might lead to extended consolidation, locking the price in a narrower range.
AI-Powered Trading: IntelMarkets (INTL) Upcoming Revolution
Without a doubt, IntelMarkets (INTL) is quickly becoming one of the top presale projects. The team hopes to reach over $300k this week, having already surpassed $250,000 in funds generated during the first round of the presale.
As interest in this new trading platform rises, experts predict that the price of IntelMarkets native token, INTL, might increase by 11x in the coming weeks.
Fundamentally, IntelMarkets aims to develop a smart trading platform with AI capabilities to capitalize on the expanding cryptocurrency trading industry. In 2025, the market for cryptocurrency trading platforms is expected to be valued at $45.3 billion. To capitalize on this expansion, IntelMarkets is introducing several cutting-edge trading tools and services through its AI-powered platform to grab users interest.
Several tools, such as charting software, 1000x leverage, copy trading, high liquidity, and customizable charts, are among them. Traders may even deploy an AI trading bot to track market fluctuations and identify potential targets for executing profitable trades.
With a high success record for over 1,200 monitored traders, IntelMarkets AI bot is among the platforms most lucrative features.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Get Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or project mentioned in this piece; nor can this article be regarded as investment advice. Please be aware that trading cryptocurrencies involve substantial risk as the volatility of the crypto market can lead to significant losses.
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Text source: ZyCrypto
