The latest market rally has brought substantial highs for major crypto coins, like Solana (SOL) and NEAR Protocol. As these digital players show indications of further growth, the frenzy around AI-powered crypto like IntelMarkets (INTL) is getting intense.
With Solana (SOL) edging toward its previous surges and NEAR gathering momentum through high-profile collaborations, IntelMarkets is making waves for its advanced AI-based trading platform, promising a potential 500% return.
Solana (SOL) price momentum and potential upside
Solana has shown a remarkable resilience level and growth, with recent rallies boosting SOL to $223. This puts it within reach of its all-time high of $260 mark, a noteworthy recovery from its 2022 slump of $8 after the FTX dip. A combination of technical signals and on-chain data supports the bullish outlook, reflecting a continued upward trajectory.
SOL is trading above its 200-day EMA, a strong signal of a maintained uptrend, recommending that buyer sentiment remains optimistic. On-chain data exhibits Solana’s Long/Short ratio at 1.05, showing increased long positions and trader confidence.
Moreover, open interest in Solana has hiked, with an 11% surge in the last 24 hours alone. This increasing interest aligns with SOL’s narrow-range consolidation, which typically indicates an accumulation phase that could instigate another rally. If SOL sustains this momentum, it could soon cross its $260 resistance, possibly setting sights on $500 if market conditions remain favorable.
NEAR Protocol’s partnership and price prediction
NEAR Protocol has attained market attention, particularly after its strategic alliance with Deutsche Telekom, announced on November 11, 2024. As Deutsche Telekom becomes a validator for the NEAR network, it adds institutional credibility and enhances the network’s security and scalability.
NEAR’s value increased by more than 42% in the last week, nearing the $20 level—a major hike from its support level of $2.74. The NEAR Protocol also favors its commitment to decentralized AI development, which aligns with the increasing interest in AI-driven blockchain applications.
Recent partnerships with Zero1 Labs reflect a strong boost toward AI integration, an aspect that may gather developers and innovators to its platform. If NEAR successfully crosses its resistance at $6.20, experts predict that it could reach $15 to $20 in the next few months, powered by both market demand and continued adoption from institutional collaborations.
IntelMarkets (INTL): A new generation of AI-Driven Crypto trading
IntelMarkets is quickly gaining attention for its sophisticated AI-powered trading abilities. Formed on a proprietary AI-based blockchain, IntelMarkets provides unique features customized to modern crypto traders.
With a predicted 500% price hike based on its ICO success, the platform offers enhanced market access, AI automation, and multichannel analysis, setting it apart from conventional trading solutions.
The platform’s AI models utilize an extensive range of trading sources and technical signals to generate robust trading signals. By processing real-time data and synthesizing multiple market insights, the Intell-Array™ monitoring system generates holistic signals for traders, minimizing the noise and uncertainty often seen in traditional trading.
Unlike conventional platforms, IntelMarkets’ Intelli-M trading robots adapt to market conditions by learning from real-time data. This self-learning capability allows them to improve over time, optimizing trade frequency and decision-making accuracy based on a constantly evolving dataset of over 100,000 data points.
With its Rodeum AI™ system, IntelMarkets enables traders to automate their trading based on personalized objectives. Users can adjust parameters such as risk level, position sizing, and leverage, making it accessible to both novice and experienced investors. This autopilot functionality is particularly advantageous, as it eliminates manual intervention and maximizes opportunities.
IntelMarkets is led by industry experts from MIT, Renaissance Technologies, and OpenAI, and its proprietary Level 1 blockchain aims to deliver enterprise-grade infrastructure for trade automation. This AI-powered, data-driven approach gives investors an innovative, performance-optimized platform for exploring crypto trading.
To learn more about the IntelMarkets platform, visit the presale or Join the INTL community on Telegram.
DISCLAIMER – “Views Expressed Disclaimer: Views and opinions expressed are those of the authors and do not reflect the official position of any other author, agency, organization, employer or company, including NEO CYMED PUBLISHING LIMITED, which is the publishing company performing under the name Cyprus-Mail…more
Click here to change your cookie preferences