Crypto markets are ready to surge as Bitcoin (BTC) has remained above the $100K price for over five days, and altcoins show steady upward movements. In addition, rising crypto markets, positive economic factors, and rate cuts have created a situation in which retail investors are moving into crypto investments.
With such events, it makes sense that investors are extra cautious about which altcoins to invest in. Currently, most altcoins are trading at low prices due to investors’ profit-taking as they consolidate their portfolios for the upcoming bull cycle.
SOL price is also under consolidation, trading at a 10% low in the monthly charts. Solana had a good run in November, almost breaking its previous ATH, but has dropped on profit-taking as its technicals remain bullish.
Dogwifhat (WIF) is a meme coin trading at a 28% low on its monthly charts as people move to other altcoins with higher upside potentials. The new AI crypto IntelMarkets (INTL) is a new DeFi project that Dogwifhat (WIF) whales are picking up.
This presales project is worth watching as it offers significant upside potential with low market capitalization. It offers a high-utility AI-DeFi narrative that will make it rally significantly on its launch.
SOL Price To Rally Over $300 By January
Solana rallied after the elections to become the fourth-largest cryptocurrency by market capitalization during a rally in the aftermath. Solana is 10% down as markets support a $215 price level.
SOL prices have tested the $215 price level several times over the past week, and the market has sustained this price. Technicals also support claims of an upcoming rally that will push SOL price over the $250 resistance and probably lead to a new ATH for the network.
Source: CoinMarketCap
The Exponential Moving Average for the daily charts is at sell, and for the monthly charts, it is at buy. At the same time, the Relative Strength Index oscillator is neutral for both periods. Solana community sentiment is bullish, which indicates strong upside potential for SOL’s price.
Dogwifhat (WIF) Whales Move to Book Gains as $3 Resistance Weakens.
Dogwifhat (WIF) whales is a simple meme coin with an easy narrative. It has yet to perform as well as some other meme coins, but it has booked gains for its investors, who are still profiting from its price surge.
The meme coin has tested the $3 price barrier several times, and the next rally will probably push it over this price level easily. The coin trades around the $2.7 price despite a 30% drop in its monthly charts.
Source: CoinMarketCap
Some experts have predicted that the next bullish breakout to $3 can happen as soon as next week as technicals also support these claims. The Exponential Moving Average for the daily charts is at sell and buy for the monthly charts. The Relative Strength Index oscillator is neutral for both periods, with a strong bullish sentiment.
IntelMarkets Set for Explosive 200% Rally
IntelMarkets (INTL) is one of the most popular ICO projects in the crypto market. It is currently in the eighth stage of presale. The token is selling at $0.073273, representing an increase of more than 300% from its starting price. Analysts expect the DeFi coin’s value to surge 1000x in the coming months.
IntelMarkets (INTL) distinguishes itself from other trading platforms by using Rodeum AI technology. This revolutionary AI develops the platform and provides users with sophisticated tools.
Some of these tools are AI trading bots and multichannel analysis, which help traders gain an edge in the market. IntelMarkets has also solved security, as it is resistant to quantum attacks. This is possible with IntelMarkets thanks to its Route X21 protocol.
Conclusion
Due to IntelMarkets’ performance, Solana and Dogwifhat (WIF) investors are now paying attention to the DeFi coin. Moreover, its profit potential has also been another force of attraction to the token.
IntelMarkets (INTL), a new AI altcoin, is a must-have for several reasons. From its AI-DeF narrative to its impending transformation of the crypto trading landscape and massive growth prospects, experts believe it is among the best new cryptos to invest in.
This news is republished from another source. You can check the original article here