Solana Price Plummets, Dogecoin's Historical Pattern Points To Uptrend, New Project Offers 75% Bonus
The Solana crypto, like the rest of the crypto market, has experienced a deep correction in the weekly timeframe. The altcoin is now trading below the $170 mark. Meanwhile, Tardigrade notes the Dogecoin price could soar to $3.2 based on a historical pattern.
Meanwhile, a DeFi project called IntelMarkets is making a stir with its ongoing presale offer. It is offering an exclusive 75% bonus to those who buy the INTL coin using the code SELLOUT. IntelMarkets is currently in the presale phase and has raised over $10 million in funding.
Dogecoin (DOGE) Plummets, Historical Pattern Favours Uptrend
According to data from CoinMarketCap, the Dogecoin crypto is among the most bearish memecoins in the market right now. The value of the memecoin has dipped by 3.8% and 31.9% on the weekly and monthly levels, respectively.
Despite the downtrend, Trader Tardigrade is one of the few analysts who believe the DOGE price could skyrocket in the coming weeks. The analyst in a recent tweet noted the DOGE price is in a parabolic move.
Historical data shows that this pattern occurred before the DOGE price skyrocketed in 2017 and 2021. Besides, the DOGE price recently broke out from a falling wedge. In a bullish scenario, the DOGE price could surge to $3.2 in the coming months.
Another analyst called Cas Abbe cited another historical pattern. He said the DOGE price was trading in a bullish descending channel. Cas Abbe expects the DOGE price to rally to 1 in the next few weeks.
Solana (SOL) Drops To the Bottom of an Ascending Channel
The Solana price has been on a downtrend in the past week. The altcoin price dipped from $204 to a low of $164. CoinMarketCap data indicates the Solana price has plummeted by 16.8% on the weekly chart. The Solana price has dropped by 41% over the last 30 days.
Despite the downtrend, market experts believe this correction is the storm before the rally. Trader Tardigrade notes the Solana price is trading inside an ascending channel. The analyst added that the Solana price has reached the bottom and could bounce off of the $162 level as a support.
Trader Tardigrade forecasts the Solana price could soar to $280 in the coming weeks. Another analyst called Crypto Beast says the Solana price might plummet to $100 in the coming weeks.
Why IntelMarkets (INTL) Is The Best Trading Platform
IntelMarkets (INTL) is revolutionizing the crypto trading space through the use of trading robots, copy-trading, and data analysis. The use of AI in the platform gives users access to real-time market information, trading signals, and execution plans that eliminate the influence of emotions in trading.
Unlike other approaches that employ the human mind to make decisions, IntelMarkets AI bots find the most probable trades. They also make trades using available data, thus making the trader very profitable and very fast.
For those who do not wish to be very active in the trading process, IntelMarkets copy trading is available. Here, the platform ranks the traders based on their performance, and the users can mimic the trades of the best performers with less risk.
With the current presale stage 10, IntelMarkets has attracted more than $10 million in investments, which indicates the investors' confidence. The INTL token is currently valued at $0.091 and could reach $1 before the second half of 2025.
Can IntelMarkets Outpace Top Crypto Coins?
The current market trends are changing and every smart investor is looking for the best crypto to buy. Although Doge and Solana are famous, IntelMarkets could be the best option to consider. The next-generation AI trading platform aims to make crypto trading easier for users. With a booming presale and growing investors interest, IntelMarkets could be the dark horse of this cycle.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Text source: Crypto Daily™
