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Breaking News: Tennessee Plans Strategic Bitcoin Reserve Allocating Up To 10% Of State Funds

Analysts Are Bullish About Polkadot, Uniswap, and a New AI Coin; Which Should You Buy for 10x Gains?

Bitcoinist
by Bitcoinist
Last Updated: October 23, 2024 4:00 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Given the recent run of Bitcoin to $69k, it appears positive sentiment has returned to the crypto market. As a result, the community is buzzing with excitement as they await the next best altcoins to lead the next rally. Top analysts are singling out three coins with major growth potential to make this happen.

They are Polkadot (DOT), Uniswap (UNI), and a new AIi coin called IntelMarkets (INTL). While these three coins are set to see a significant increase in prices this bull season, which of them can give investors a 10x ROI? Read on to find out.

Polkadot (DOT) Could Soar To $20

Martinez Ali, a popular crypto analyst, posted a bullish Polkadot price prediction on X recently. Martinez pointed to an upswing potential by comparing the weekly chart of Fantom to that of Polkadot (DOT).

Ali noted the price of the Polkadot coin could rally to $9.7, given the bullish pattern on the chart. Afterward, there would be a retracement to $6.7 that could lead to a breakout rally to $20.

At the moment, the Polkadot price is consolidating between $4 and $5 on the monthly timeframe. DOT has a market capitalization of about $5.5 billion – $7.5 billion, as can be seen on the monthly chart of CoinMarketCap.

There may be more buying pressure on Polkadot (DOT) for now, in light of its technical indicators. The VWMA (10) and Hull Moving Average (9) have buy signals and also hint at an extension of the bull market.

Uniswap (UNI) Preparing for Massive Breakout, Says Analyst

Uniswap (UNI), a top DeFi cryptocurrency, is among the best-performing coins in the DeFi market right now. According to CoinMarketCap, the price of the Uniswap coin has increased by 22.3% on the monthly chart.

During this period, the cryptocurrency ended 15 days on a green note which is very fair given the price volatility in the market. In terms of price movement, the Uniswap token is trading between $6 and $8.50 on the monthly level.

Looking ahead, the sentiment around the Uniswap crypto is mixed. The Hull Moving Average (9) is showing a buy signal, but the VWMA (10) is displaying a sell signal. WorldOfCharts forecasts that the price of Uniswap (UNI) could pump to $20 if it breaks out of the current range.

IntelMarkets (INTL) Set To Transform the Crypto Trading Market

IntelMarkets (INTL) is the newest AI coin that has captured the attention of analysts in the crypto market. The price of the DeFi coin has increased by 300% to its current value of $0.036545. IntelMarkets is a cryptocurrency trading platform for retail traders offering sophisticated trading tools supported by artificial intelligence.

One of the most interesting and unique tools is the multi-channel analysis, which analyzes information from more than one thousand sources. This gives traders all the information they need about the market and a particular cryptocurrency to make the right decisions. Also, IntelMarkets is a dual-chain trading platform that was built on the Ethereum and Solana platforms.

The integration of Ethereum’s high-security system and Solana’s cheap and fast transactions make it easy for users to trade. Another feature of the platform is the Intell-Array™ monitoring system that increases trading precision.

This system analyzes all the buy and sell signals and provides a single signal with more than 100,000 data points behind it. This tool is good for decision-making in trading as it provides traders with the necessary information and helps them make correct decisions.

Why Polkadot and Uniswap Investors Are Paying Attention To INTL

While Polkadot (DOT) and Uniswap (UNI) are top crypto coins, it is IntelMarkets that have caught the attention of analysts. Savvy investors are already staking INTL because, as the project transforms the $36.5 billion crypto trading platform market, the coin could skyrocket to $1 by 2025.

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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