The crypto market is under mixed sentiment currently despite rumors of a potential price surge this last quarter of the year. This sentiment has even affected top altcoins like Solana (SOL) and Avalanche (AVAX).
While their prices have increased recently, investors are taking no chances. They have discovered a new AI-based token, IntelMarkets, that could give higher profits in Q4 2024. Analysts forecast the value of the new entrant might increase by 10x.
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Solana (SOL) Price Forecast
A crypto analyst, Alan Santana, has bad news for the Solana (SOL) community. The analyst took to TradingView recently to predict that the price of Solana coin could drop to a two-month low of $121. The last time Solana (SOL) traded at this level was in August.
In the meantime, the Solana price has been consolidating between $125 and $160 in the past month. Investors have been expecting a breakout from this range, but it appears there is a lack of bullish momentum. They do not have enough strength to push the value of Solana crypto above this range.
On the other hand, Solana-based memecoins like Popcat have set a new all-time high. Its market cap has even surpassed the $1 billion mark. Going forward, analysts say Solana (SOL) could soar to $186 in the coming weeks. However, it must maintain the support at 50-SMA ($142.36) and 200-SMA ($146.71).
Avalanche (AVAX) Aims To $40 Target
Avalanche (AVAX), a smart contracts platform known for fast transactions and scalability, is in the news again. Its native token, AVAX, is under mixed sentiment, with a loss of 4% on the weekly timeframe and a profit of 28% on the monthly chart.
This loss comes after the recent correction in the crypto market. The Avalanche price dropped from the $29 region to a low of $24 before starting another upward movement. Going forward, the Avalanche coin faces strong resistance at the 200-SMA ($32.30).
Crossing this level would determine if the cryptocurrency can reach the long-anticipated $40 level. The last time the value of Avalanche crypto reached this level was in May.
Meanwhile, Avalanche (AVAX) has launched a $40 million grant to attract more developers to the network. The project has also announced that it is taking “Hack House” to Bangkok in November to teach Avalanche (AVAX) builders about Avalanche9000.
Investors Jump on the Next Big Thing in Crypto Market, IntelMarkets (INTL)
IntelMarkets (INTL) has been attracting a lot of investors as industry experts believe it could be among the key players in the future of the crypto trading space. IntelMarkets entered the stage of its presale recently and has raised over $920k in funding. The next target now is to hit $1.5 million before October runs out.
In terms of price gains, the value of IntelMarkets INTL coin has soared by over 200% to its current price of $0.027364. Analysts expect a 10x surge to occur this quarter. At its core, IntelMarkets has adopted great artificial intelligence or machine learning capability for real-time data analysis.
IntelMarkets also has a friendly user interface and an experienced staff projecting top forms such as MIT, Open AI, Goldman Sachs, and Renaissance Technologies. One of its upcoming trading instruments is Intelli-M trading bots. These bots analyze information from more than a hundred thousand sources to provide traders with fresh information for improved decision-making.
IntelMarkets also has copy trading functions, which come in handy for traders who do not have time to trade themselves but would love to copy other traders and get profits in the process at the same time. Apart from this, IntelMarkets has other trading features such as 1000x leverage, high liquidity, and fast transactions.
IntelMarkets Could Be on the Best Crypto Investment in Q4 2024
With Q4 2024 already here, smart investors are moving to AI-based projects like IntelMarkets which has the potential to give massive profits. Analysts forecast the value of IntelMarkets could skyrocket by 10x in this quarter. Such potential makes it the best cryptocurrency to buy ahead of Solana (SOL) and Avalanche (AVAX), which may not give such profits.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.