2025-1-21 13:58 |
IntelMarkets is displaying a similar performance pattern to Cardano’s 2021 breakout, which secured the platform huge gains in the crypto market.
Eyeing the similarity in the platform, many investors are offloading other non-performing tokens and pumping millions into this AI breakthrough’s million-dollar presale that’s infusing AI technology into crypto trading.
Cardano (ADA) Soars Ahead: Bulls Might Push ADA Past $2On-chain data shows Cardano (ADA) whale activity is active right now. Wallets holding 1-10 million ADA went from 2,453 on January 9 to 2,484, the highest since late December. More big holders are getting in. Santiment data shows whale transactions over $100,000 are up as ADA is moving up.
Bull Pennant Pattern Points To A Possible BreakoutADA’s price chart displays a bull pennant formation, a technical indicator often preceding significant price movements. This setup involves a sharp upward price movement followed by consolidation within converging trend lines. Analysts view this as evidence of buyer accumulation, hinting at a possible breakout for the platform.
Currently trading at $1.11, ADA has shown a 3.23% increase in the past 24 hours. The asset has formed a double-bottom channel pattern with critical support levels at $1 and $0.90 and resistance near $1.15. The MACD indicates a bullish crossover, while the RSI’s overbought status suggests robust buying momentum.
Expert trader Peter Brandt recently spread optimism with his analysis of ADA’s price charts. Highlighting a double-bottom base pattern, Brandt suggested that ADA may have reached a market bottom, signaling the start of a grand bull market. He also emphasized the potential for an altcoin rally, further enhancing ADA’s prospects.
Cardano Network Growth And Upcoming DevelopmentsDespite its strengths, Cardano’s ecosystem is smaller than competitors like Solana. Currently, Cardano hosts 34 DeFi applications with a total value locked (TVL) of $558 million. Minswap, the largest DEX on Cardano, handles less than $10 million in daily volume, considerably lower than Solana’s Raydium, which processes over $2 billion daily.
However, upcoming projects could transform Cardano’s ecosystem. The planned integration of BitcoinOS and the launch of Midnight, a zero-knowledge scaling platform, are expected to enhance the network’s capabilities. BitcoinOS could unlock access to over $1 trillion in assets, while Midnight aims to attract developers and boost ecosystem activity.
IntelMarkets Listed Among Top Projects For Long-Term Growth!As Cardano (ADA) shows strong performance insights, the modern AI crypto trading platform IntelMarkets is also on the cusp of a breakout. With experts from MIT, Renaissance Technologies, and OpenAI on the panel, IntelMarkets is equipped with next-generation technical architecture to deliver native AI deployment in the platform for exceptional trading strategies.
The platform’s smart trading robots assist traders in cutting their manual trading legwork in half. These trading robots help traders automate fully customized trading strategies in accordance with the changing market conditions. Considering the market volatility, INTL’s AI algorithm is trained in a way that it executes self-learning methodologies to observe market changes and act accordingly.
Cardano (ADA) & IntelMarkets (INTL) To Drive a Strong RallyAccording to a crypto expert who predicted bullish rallies for Dogecoin, Cardano (ADA) and IntelMarkets are the best altcoin projects this quarter that can return mind-blowing gains. While Cardano (ADA) is eyeing potential blockchain developments in the network, IntelMarkets lets traders tap into exclusive trading opportunities curated by INTL’s expert crypto analysts.
The platform integrates cutting-edge AI technology to help traders capitalize on high-potential trade moves so they never miss a chance on what’s coming. IntelMarkets’ enhanced trading tools include advanced charting software, real-time market data, and fully customizable trading indicators, empowering users to make informed decisions and execute trades precisely.
Discover More About Intel Markets:
Presale: https://intelmarkets.io/ Buy Presale: https://buy.intelmarkets.io/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_marketsDisclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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