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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Massive Christmas Pump on the Way for Ethereum and Binance Coin As AI Coin Teases Investors With 10x Returns

Bitcoinist
by Bitcoinist
Last Updated: November 29, 2024 4:39 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market is full of potential as the festive season draws near. Ethereum (ETH) and Binance Coin (BNB) appear to be in strong uptrends, with analysts citing a festive run. They forecast ETH to reach $5k and BNB to clear the $1k mark.

At the same time, an AI Coin called IntelMarkets (INTL) could offer investors better profits. Experts say the massive changes IntelMarkets could bring to crypto trading through advanced AI features make INTL one of the best cryptos to buy for a price pump of up to 10x.

Ethereum (ETH) Begins Uptrend; Analysts Predict New Peak of $5k

Ethereum (ETH) is pumping, according to Andrew Crypto. The analyst noted that the Ethereum coin must have a clean break above the diagonal at the $3,600 level.

If this happens, Andrew Crypto told his followers the value of ETH may reach the current all-time high of $4868 in a short time. Two other analysts, Inmortal and Ryandcrypto, say a new all-time high is around the corner.

They expect the Ethereum price to rally to $5k in the coming weeks. At the moment, the altcoin has crossed the $3,600 mark which is a bullish sign. CoinMarketCap data shows profits of 17.5% on the weekly timeframe and 37.8% on the monthly level.

We might see the Ethereum crypto price reaching $4k soon. The 14-day RSI has crossed the 60 mark and could clear the 70 mark in the coming weeks. Other technical indicators like the Fear and Greed Index support the uptrend.

Binance Coin (BNB) Heading To $1k

Binance Coin (BNB) has started a new upsurge as positive sentiment flows back into the market. The altcoin price has breached the $650 level and is heading for $700.

Reaching this mark could bring the Binance Coin crypto closer to its current all-time high of $720. At the moment, BNB has gains of 8.5% and 4.4% on the weekly and monthly levels.

Going forward, the Binance Coin token has immediate resistance at $662.71 and $680.65. Yoddha predicts the value of the cryptocurrency may reach $1k in the coming months.

CryptoKnight, in a recent analysis, forecasted a massive upsurge to $1,400, comparing BNB to SOL. The Stoch RSI (14) is flashing a buy signal, a sign that bulls are active. So, we might see an upward run from the Binance Coin BNB.

IntelMarkets (INTL) Presale Success Paints A Big Picture

IntelMarkets (INTL) is one of the most discussed projects in the cryptocurrency community right now. While IntelMarkets has raised more than $2.6 million in the presale, its DeFi coin has pumped by more than 500%. The INTL coin is currently priced at $0.054909. According to analysts, the price of INTL might go up 10x in the months ahead.

Such potential makes IntelMarkets a promising investment for those who want to see huge profits. One of the best features of IntelMarkets is it has integrated AI into its operations. AI-based instruments such as trading robots provide users the chance to make well-informed trades.

These bots can adapt to market trends and execute automatic trades according to each trader’s risk-taking ability. Such automation is helpful to traders as it enables them to set targets and risks that the bots can follow without supervision.

Another important feature of IntelMarkets is its no-KYC policy that makes usage and registration easy. IntelMarkets also facilitates the trade in crypto perpetual futures, where traders can make profits regardless of the market trend. This feature provides more flexibility as trading can be done round the clock.

Conclusion

As Christmas draws near, Ethereum (ETH) and Binance Coin (BNB) are poised to see huge price gains. Investors should look at a potential surge to $5k and $1k, respectively. Meanwhile, IntelMarkets’ presale has not slowed down. Analysts believe it might be the next best ICO after BNB.

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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