In a recent analysis, crypto market experts shared bullish projections touching the future prices of IntelMarkets (INTL), a new cryptocurrency in the AI sector. Interestingly, this projection exceeds the price predictions for Ethereum (ETH) and AI-based digital currency NEAR Protocol (NEAR).
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IntelMarkets Poised To Rally 300% Amid Presale
IntelMarkets is garnering widespread attention from market participants in the middle of its ongoing public presale. With its native token, INTL, set to soar, crypto investors are pumping massive capital into its presale, with over $1 million invested thus far.
IntelMarkets is becoming widely noticed as a crypto exchange for trading perpetual contracts. Given its support of Ethereum and Solana, traders can choose to use either of these blockchains based on their strategies and preferences while enjoying the utmost flexibility and scalability.
The platform’s flexibility helps users choose their preferred blockchain and access various digital assets. Due to its scalability, users can trade with low fees at a lightning-fast pace. IntelMarkets also offers high trading leverages, ranging up to 1,000x.
Having entered Stage 3 of its public presale, INTL trades at $0.027. Targeting $0.11 to wrap up its presale, the AI coin is set for a 300% jump to the coveted price level.
Price Prediction For Ethereum: Road to $2,700 as Sellers Fall Back
Investors are bullish on Ethereum after recent data shows sellers are withdrawing their hands from the ETH market. A new price prediction for Ethereum suggests the second-largest cryptocurrency could aim for the $2,700 price point, with sellers falling back, indicating an anticipated 11% increase in its current price.
Specifically, market intelligence provider Glassnode reports a slowdown in ETH exchange inflow, implying that ETH holders have resolved to hold onto their assets rather than sell them off.
The Ethereum Exchange Net Position Change indicator has been in a downtrend since the middle of September. Its decline hints at a reduction in selling activities, suggesting that fewer investors move their assets into exchanges to dump them.
It is worth noting that this indicator tracks the movement of ETH in and out of exchanges over time. This development has sparked bullish sentiment within the Ethereum community, with the price prediction for Ethereum hinting at a potential uptick in ETH’s value in the days ahead.
However, ETH has yet to react positively to this news. The premier altcoin trades at $2,445, down 0.38% in the last 24 hours.
NEAR Protocol Retracts to 50-Day Moving Average: Will Its Price Rebound?
During the most recent market recovery, NEAR Protocol’s NEAR broke out of a bearish trendline, creating a bullish sentiment in the market. However, this soon changed after the global tension from the recent Iranian attack shocked the crypto market.
NEAR has reached the $5 level, falling below this psychological point. The same is accurate at the 50-day Exponential Moving Average (EMA), putting NEAR in a critical spot.
This price action follows recent developments within the NEAR Protocol network. For example, Grayscale created a fund for NEAR, further expanding its reach.
This increased visibility is expected to accelerate NEAR’s growth in the long run. NEAR Protocol’s native token currently trades at $4.90, losing 5.26% of its market value during the day.
INTL is Set to Outbid NEAR And ETH
Compared to the price prediction for Ethereum and NEAR Protocol, IntelMarkets’ INTL is predicted to soar exponentially, especially after its public listing. This prediction has sped up its adoption rate, with NEAR and ETH investors joining INTL’s Presale.
It shows that INTL is a lucrative investment venture within the AI sector!
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