XRP price shows some tremendous growth as the Ripple network continues to gain traction in this bull run. On-chain data reveals that the Ripple whales are pouring a staggering $300,000 into the emerging platform’s presale. IntelMarkets is gaining momentum as Ripple whales add to its strength. Experts claim that INTL is poised to become the next Cardano as INTL has more appeal than the ADA token.
XRP Price Analysis: Ripple Could Reach $4.40
Ripple (XRP) is one of the best altcoins right now. CoinMarketCap shows that XRP price value has jumped nearly 20% on the one-week chart. The XRP price grew from around $2.60 to over $3.10 during that time.
Market expert Ali also made some bullish statements for Ripple (XRP). According to his recent X post, the Ripple token has broken out of its bullish flag, which is a good sign. He forecasts a potential jump to $4.40 as a Ripple (XRP) price prediction.
However, the Ripple market cap now sits at nearly $180B, which may slow down its growth. As this crypto coin now needs a lot of new money for its price to result, many investors are looking at INTL instead. Moreover, on-chain data reveals a shift of a massive $300,000 to the emerging platform.
Cardano Struggles Below Key Levels! ADA To Recover To $1.05
Cardano’s price action reveals ongoing challenges as it trades below key thresholds. Recently, ADA has faced significant obstacles, failing to maintain positions above $1.150, and subsequently entering a fresh decline. Currently, the Cardano token is situated below the $1.055 mark, along with the 100-hourly simple moving average, complicating any potential upward momentum.
A bearish trend line has been established, creating resistance near $1.040, which ADA must overcome to see any revival. The recent dip drove the price under $1.050 and even resulted in a brief descent below the $1.00 mark, with a low recorded at $0.9615. However, there has been a slight recovery, as the Cardano price managed to rise above $0.990, marking a potential turning point.
Yet, ADA continues to face resistance, particularly around $1.0250, corresponding to the 50% Fibonacci retracement level of the recent decline. Should Cardano breach the critical $1.050 barrier, momentum could shift positively, leading to potential testing of the $1.0880 resistance. A successful close above this level might catalyze a notable increase toward $1.120, with further gains possibly taking ADA closer to $1.1520 shortly.
As traders watch closely, the coming hours could reveal whether Cardano can break free from this downward trend and regain its footing in the crypto market.
IntelMarkets Surges By 811% With More Spikes Incoming
While Ripple (XRP) and Cardano (ADA) show some growth on the price charts, IntelMarkets (INTL) is also turning heads in the community. So far, IntelMarkets’ crypto ICO event seems to be doing very well. It has helped raise upwards of $7M and has soared 811%. In phase nine of its presale, these numbers are expected to grow even more as momentum builds.
Interest in IntelMarkets is high as it will introduce the first-ever AI-powered smart trading platform. It will provide users with self-learning trading robots, which improve their performance as time passes. Moreover, its autopilot trading bots simplify the process by taking trades automatically based on set parameters, thus making trading easier for everyone.
INTL is the underlying token of the ecosystem. Those who hold this altcoin will get up to 30% discounts on trading fees and voting rights for platform changes. INTL demand is rising, with 11M tokens sold during phase nine alone. By phase ten, the token is expected to shoot up to $0.091 from the current $0.082. Also, a Tier-1 CEX listing INTL could bring its value to $0.11. Some experts think this a perfect opportunity for investors to claim some profits.
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_markets
Disclaimer: This is a sponsored article 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.
Credit: Source link
