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Altcoins Set To Skyrocket: Solana Targets $264, Shiba Inu Aims for 163% Rally, AI Coin Aims Higher for 20x Surge

Bitcoinist
by Bitcoinist
8 months ago
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin market dominance may decline over the next few weeks as altcoins are ready for another explosive period. The AI coin, IntelMarkets (INTL), is clearly one of the most promising. Over the past few weeks, the INTL price surged more than 710% higher and could surge 20x higher in the coming altseason.

Other top altcoins that analysts expect to do well in the altseason are Solana (SOL) and Shiba Inu (SHIB). Analysts forecast the price of Solana could surge to $264, while the memecoin, SHIB, could see a 163% surge.

All Eyes on IntelMarkets (INTL) After 700% Price Pump

While many of the best altcoins have underperformed Bitcoin, IntelMarkets (INTL) has been on a heater, rallying by more than 710%. While the altcoin price has surged to a high of $0.073273, experts forecast that this value may rise by 20x in the coming weeks. IntelMarkets has even overachieved in its presale, raising more than $4.9 million, and is on track to reach its goal at $7 million.

The reason for its hot performance is that IntelMarkets is transforming the $264 billion cryptocurrency trading market. With the help of advanced AI technologies, the platform will provide an opportunity for both inexperienced and experienced traders to get the best trading opportunities.

Intell-Array Multichannel Analysis is a tool that helps to analyze large amounts of information and find the best opportunities in the market quickly and easily. Trading robots are automated, self-improving, and eliminate the need for human intervention in making trading decisions.

IntelMarkets is an AI-driven trading platform with advanced tools that make it stand out from the competition. The ongoing presale is a good chance to be part of the project.

Solana (SOL) Eyes Breakout To $264

In a recent tweet, the cofounders of Glassnode, Negentropic posted a bullish Solana price prediction on X. They said Solana (SOL) could be set for a massive breakout. Negentropic believes that if the SOL price goes above $235 in the daily timeframe, the altcoin might break the price compression and target the previous high of $264.

They cited the Daily RSI as a bullish indicator the Solana coin could climb higher in the coming weeks. Presently, data from CoinMarketCap indicates the Solana token is trading between $205.09 and $234.11 on the weekly timeframe.

Its price has plunged by 0.7% on the weekly chart and 9.2% on the monthly level. Nevertheless, the upcoming Solana ETF and positive sentiment in the market could spark a rally in the coming weeks.

Shiba Inu (SHIB) Must Break Trendline To Reach New Target

PouyanTradeFX, a market analyst, has pointed out a key level that Shiba Inu (SHIB) needs to break to have its next major movement. In a recent analysis posted on TradingView, the analyst noted that Shiba Inu crypto is probing a key trendline that has defined its price action since 2021.

The trendline is around $0.000028-0.00003. If the Shiba Inu token manages to clear this resistance level, it could rally by 163% to about $0.000074. However, if the Shiba Inu price fails to break the trendline, it might plummet to around $0.000011.

PouyanTradeFX’s analysis is one of many bullish calls for Shiba Inu (SHIB) despite the broader correction in the crypto market. Currently, CoinMarketCap data indicates the price of the meme coin has increased by 0.1% on the weekly chart. It has also risen by 11.3% on the monthly level.

Conclusion

Although Solana (SOL) and Shiba Inu (SHIB) could see massive gains in the coming weeks, analysts have advised investors not to sideline IntelMarkets. The altcoin’s price recently surged to $0.073273 as it entered stage eight. They expect another rally of 10x after launch, making the ongoing crypto ICO the best opportunity to get IntelMarkets.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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