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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next
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Breaking News: Fed Lowers Rates By 25bps: How Bitcoin And Crypto Prices Responded And What's Next

Sui Leads the Crypto Market Pump, Set for Rally To $5.7; Analysts Set $12 Price Target for Uniswap and 20x Pump for IntelMarkets

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

The crypto market continues to ride the bullish train, fueled by the latest achievement of Bitcoin, which reached a new ATH of $93,000. This momentum has also spread across the altcoin market, with analysts identifying standout targets in a number of the top assets.

Following its recent 50% price pump, CryptoBullet has forecasted that Sui (SUI) could extend its gains and trade as high as $5.7. Also, analysts forecast Uniswap (UNI) could aim for $12. Meanwhile, the newcomer, IntelMarkets (INTL), may give holders returns of up to 20x.

Sui (SUI) Price Pumps, Analyst Forecasts Rise To $5.7

Sui (SUI) has emerged as one of the top crypto coins in the market to produce a remarkable performance. Its price has risen from a low of $0.3 in October 2023 to a peak of $3.3 in November 2024, according to CoinMarketCap. Analysts have touted the Sui coin as the Solana killer.

They believe its price growth could continue in the coming weeks. CryptoBullet1 forecast the value of the Sui crypto could increase to $5.7 in the next few weeks. Another analyst, Cryptobit told his followers the altcoin price may reach $10 based on its current growth pattern.

In the meantime, the Sui price is consolidating between $2.25 and $3.50 on the weekly timeframe. It has gains of 42.8% in this timeframe, which has pushed its market cap to over $9.5 billion, surpassing that of Chainlink. Sui’s (SUI) 14-day RSI has crossed the 80 mark, which is a bullish sign signaling more potential uptrend.

Uniswap (UNI) Price Targets $12,$17

Uniswap (UNI) has climbed above the 50-SMA ($7.67) and 200-SMA ($7.67) after a recent price surge. The DeFi coin soared to a peak of $10.05 from a low of $8.36. However, the Uniswap coin appears to be struggling under the $9 resistance, falling 3.3% on the weekly chart, according to CoinMarketCap.

This price drop could be a result of the selling pressure in the market by profit takers. Nevertheless, analysts are very bullish about the Uniswap crypto. CW forecast the token’s value could rally to $12.50 in the coming days.

Another expert, Nilesh Rohilla, shared three price targets for Uniswap (UNI). He told his followers the Uniswap price may surge to $12 and $17. Rohilla gave a long-term target of $50 during the bull run.

IntelMarkets (INTL) 20x Potential Hike Gains the Attention of Investors

IntelMarkets (INTL) has achieved another milestone, surpassing $2.1 million in funding. Investors have been showing interest in the crypto ICO, whose coin is selling at $0.045727 after an increase of more than 400%. Based on the early performance of IntelMarkets, analysts say the price of INTL may increase by 20x in the coming months.

IntelMarkets is on a quest to help traders by using the power of AI and blockchain technology, thus offering advanced trading tools to small retail traders. IntelMarkets has AI-based trading robots that can analyze market data.

These bots can handle large amounts of market information as they occur, high frequency trends, price movements, and multiple indicators at once. Also, they work at top speed and can seize opportunities when they appear in front of them, thus providing a trader with a valuable advantage.

Another benefit that comes with these bots is that they can easily be used by traders with no knowledge of trading. With Intelli-M™, even a newbie can deploy highly complex trades and strategies without necessarily having to watch every upward or downward movement in the market or even understand the technicalities of such complex trades.

In Summary

The coins to watch out for right now are Sui (SUI), Uniswap (UNI), and IntelMarkets (INTL). These are some of the top altcoins that look set to take advantage of the bull market to record major price increases in the coming weeks.

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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