The crypto market is starting to show some new signs of life again. A crypto analyst has predicted that Cardano (ADA) could be heading towards $5, which could signal a big move in the coming days.
Meanwhile, other altcoins are also in the limelight. IntelMarkets (INTL) and Aptos (APT) are both preparing for potential uptrends. RhythmicAnalyst forecasts the price of APT could rally to $18.50 in the weeks ahead. Also, analysts forecast the value of INTL might soar by 7x before the year ends.
Cardano (ADA) is Going To $5, Says Analyst
Unknown market expert Decode has shared a very bullish Cardano price prediction on his timeline. According to the analysis, Decode stated that Cardano (ADA) might rise to $5 as its “short-term price target.”
The analyst told his followers to focus on the ADA/USD 1-week chart where Elliot sub-waves 1 and 2 have been completed. He added that the first and second wave phases were finished within 11 months, and the third wave would be complete soon.
The market expert estimated that the completion of the wave could take the Cardano price to $5, a 1,348% rise. In the meantime, the Cardano crypto has been on a downtrend on the weekly and monthly timeframes on CoinMarketCap. The token’s VWMA (10) is currently bearish and could continue its straight-line movement in the next trading sessions.
Aptos (APT) Price Gearing for Rally To $18
Aptos (APT), one of the top crypto coins in the market, has started an uptrend on the daily chart after a long bearish period. Although the Aptos coin is still bullish on the weekly level, it has increased on the monthly timeframe based on data from CoinMarketCap.
During the past month, the Aptos crypto has recorded 17 green days, which is a bullish sign. However, the VWMA (10) is displaying a sell signal, which hints at a downtrend. If this happens, Aptos (APT) could plummet to $8.25 and $7.98 in the long run.
Still, analysts forecast the value of the cryptocurrency could increase in the future. RhythmicAnalyst says the Aptos price could soar to $18.50. Also, Rovercrc says the cryptocurrency is super bullish and might rally to $23.
IntelMarkets (INTL) Gears Up for Potential 7x Price Pump
While it is still a new ICO, IntelMarkets (INTL) has hit several milestones that have caught the attention of top experts. The cryptocurrency is in the fourth stage of its presale and has realized $1.6 million, while INTL has increased by 300%. Analysts forecast the value of IntelMarkets could increase by 7x in the last two months of 2024.
The main element of the IntelMarkets platform is self-learning trading robots that can learn from previous trades to enhance risk management, optimize profit targets, and automate trades. For the users, it makes the trade more effective, minimizes the risks, and increases profitability. Also, the platform’s Intell-Array and Multichannel Analysis give traders a thorough understanding of the market.
Using multiple sources of information, IntelMarkets sorts and sends only the most accurate trading signals to traders to make the right decisions in real time. This setup is not only helpful in minimizing the chances of making wrong decisions but also enables the traders to make quick decisions based on the changes in the market and hence increase their chances of making good profits.
IntelMarkets also provides up to 1000:1 leverage which helps users to increase their market position. Combined with the platform’s AI risk management, this high leverage level becomes a great tool for growth. Because of these features, IntelMarkets could be one of the leading players in the crypto exchange space, which will be worth $264 billion by 2030.
Conclusion
As Cardano (ADA) aims to reach $5, IntelMarkets (INTL) and Aptos (APT) are also gearing for higher levels. This potential growth makes the crypto market’s future look promising. IntelMarkets is currently in the fourth phase of its cryptocurrency ICO and is priced at $0.036545.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
