Due to heightened market expectations, experts are predicting a massive uptrend on Binance Coin (BNB), if Donald Trump wins the US presidential election. As a pro-crypto president, Trump’s administration may change the regulation of the cryptocurrency market to provide conditions suitable for giants like Binance.
At the same time, Toncoin (TON) could reach $6 in the coming weeks despite its price drop. On the other hand, one of the best ICOs, IntelMarkets (INTL), has attracted investors’ attention after a 25% rise. Analysts expect more gains in the coming weeks.
Analyst Forecasts Massive Surge for Binance Coin (BNB) If Trump Wins
In a recent tweet, TraderSZ forecasted the price of Binance Coin (BNB) could increase if Trump wins the US election. According to them, Trump winning would open the door for Binance to re-enter the U.S. market, given his pro-crypto stance.
Also, the analyst noted that the Binance Coin crypto could mirror Bitcoin’s upward price movement. TraderSZ posted five potential price targets for the Binance Coin BNB.
They are $693, $1175, $1658, $2140, and $2623. In the meantime, the cryptocurrency is down 8% on the weekly timeframe and 2% on the monthly level, based on CoinMarketCap’s data. The Binance Coin token has been trading below $600 since the beginning of November.
The Hull Moving Average (9) and VWMA (10) are currently showing sell signals. This is a bearish sign that points towards a potential downtrend.
IntelMarkets (INTL) Soars 25%, Experts Forecast Another 200% Surge
IntelMarkets (INTL) is among the top crypto coins leading the bull market right now. Despite the ongoing downtrend, the cryptocurrency has produced a 25% price surge recently to reach $0.045727. Analysts forecast the value of this token could increase 200% before the year runs out.
Unlike conventional trading platforms, the upcoming IntelMarkets platform mixes AI and advanced trading tools. These tools include AI-based trading robots that can adapt to a user’s particular trading objective, thus minimizing the amount of time that a trader is required to spend overseeing the trade.
Such automation is particularly beneficial to users who would want to engage in trading without having to do it manually most of the time. These robots can also learn from the experience and historical data. IntelMarkets also tackles a common pain point in trading: the confusion that arises when one uses more than one technical indicator.
The Intell-Array™ monitoring system takes data from more than one hundred thousand sources and generates one signal. This tool can help improve decision-making because it will provide the trader with a single, comprehensive outlook on market conditions that will help them know when to buy or sell.
Mr.Signal Bullish About Toncoin (TON) Reaching $6
The price of Toncoin (TON) has been on a downtrend since the beginning of November. Although the altcoin recorded some upward movements, selling activity led to a downtrend.
Currently, the Toncoin token is consolidating between $4.60 and $5 in the weekly timeframe on CoinMarketCap. While the VWMA (10) is painting a bearish picture, we could see a turnaround soon.
If the Toncoin crypto manages to overcome the $5.2 downtrend resistance, there could be more upward movement. Experts note that the break of this level could open the way to short-term targets of $5.6 and $6.
Mr.signal forecasts that the value of the Toncoin (TON) crypto could surge to $6 in the coming weeks. Expanding the timeframe, the Toncoin price could benefit from a rally and push to $10 or even more, provided that the rest of the cryptocurrency market stays bullish.
Final Thoughts
The upcoming months can unveil new trends in the crypto market, as several altcoins, such as Binance Coin (BNB), Toncoin (TON), and IntelMarkets, show potential for growth. Also, the cryptocurrency community is looking forward to the launch of IntelMarkets’ crypto trading platform, which has promising features and advanced tools.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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