Since the crypto market is volatile as usual, many analysts are uncertain about the direction of the cryptocurrencies. However, crypto market analysts have backed
Despite the crypto market’s characteristic volatility, several analysts remain optimistic about the future performance of specific altcoins. These coins are expected to exhibit upward momentum irrespective of the prevailing market sentiments. Among the bullish altcoins, crypto market analysts have highlighted IntelMarkets (INTL), Toncoin (TON), Solana (SOL), and Aave (AAVE).
But why are these coins expected to perform better regardless of the market trends? Let’s discover.
IntelMarkets’ AI Features Leave Everyone Amazed
One of the DeFi projects that analysts are backing to have a better future is IntelMarkets. It is a next-generation AI-powered crypto trading platform. To begin with, IntelMarkets provides retail traders with enterprise-level tools and resources.
Furthermore, IntelMarkets makes extensive use of AI in its trading platform. Its trading platform will feature self-learning trading bots that adapt to your trading history. It analyzes your trading pattern and assists you in managing capital allocation and risk.
For instance, if you prefer to take profits at certain intervals, the bot adjusts to the preference and executes trades accordingly. As a result, this bot provides better performance based on real-time data and personalized trading habits.
IntelMarkets also features copy trading, which enables users to mirror the trades of experts. The platform allows only those with a proven track record of generating multiple 5x-15x returns, even during bear markets, to become experts. So, traders can rest assured while copy trading.
That’s not all. IntelMarkets is currently conducting the public presale of its native token, INTL, and there are exciting profits for you to grab!
Toncoin Achieves $1 Billion USDT Issuance
Toncoin has become the fifth-largest network by USDT issuance on its blockchain, surpassing the $1 billion mark. The authorized unissued amount of USDT on the TON blockchain is valued at approximately $309.3 million, while the net circulation stands at $720.7 million.
However, the price of TON has dropped by 16% and is trading around $5.35 in mid-September. On a positive note, Toncoin’s TON has pumped by 18% from the monthly low of $4.50. This healthy pullback suggests a potential continuation of the bullish trend for TON.
Meanwhile, crypto market analysts note that if Toncoin breaks the trendline, the TON price can move up by 40%, up to $8.27. Thus, analysts are bullish on TON even in unfavorable market situations.
Solana Community Prepares for Breakpoint 2024 Conference
Solana’s SOL is showing signs of a potential breakout as the Breakpoint 2024 conference nears. Investors are expecting major announcements in this event, which is likely to trigger a price surge. Historically, the price of SOL has rallied around this event.
However, SOL has remained above a crucial support level at $129 and was trading around $130 in mid-September. According to experts, SOL can break through to the top of this range, and a breakout beyond its previous all-time high of $260 is possible.
Moreover, the Stochastic RSI of Solana is also showing bullish signals. Therefore, crypto market analysts suggest that strong upside momentum could be on the horizon for Solana’s native token, SOL.
Aave Prepares for Breakout After a 25% Price Pump
AAVE’s price has increased over 25% in the past month and was trading around $140 in mid-September. Market analysts are predicting a bullish future for AAVE as its daily trading volume was also around $200 million.
Additionally, Aave is expanding its reach through collaborations such as the integration with Coinbase, introducing cbBTC to enhance Bitcoin-based DeFi services. This collaboration increases borrowing opportunities on the platform by utilizing Coinbase’s liquidity.
Thus, market analysts indicate that AAVE is approaching the $150 resistance level, with potential breakout targets of $170 and even $200. However, key support levels at $135 and $150 will determine whether the token advances or faces a temporary pullback.
INTL Leads Bullish Altcoins: 50% Bonus and 100% Instant Profit!
INTL, one of the top bullish altcoins, is in Phase 1 of its public presale at the price of $0.009 per token. The IntelMarkets presale is going strong, and they are currently offering a 50% bonus. Notably, the platform has already sold over 36.9 million INTL tokens.
The best part is that the price of INTL is set to increase to $0.018 in stage 2, ensuring a 100% profit for early investors. Being a crypto options trading platform, IntelMarkets also offers high-leverage options
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