The cryptocurrency market has been experiencing some volatility in the past week. The prices of top altcoins like Binance Coin (BNB) have consolidated within a tight range. BNB could even plummet below $600 if the bearish pressure lingers.
On the other hand, Stellar (XLM) and IntelMarkets (INTL) have recorded huge gains. Experts say their prices may reach new highs in the coming weeks if bulls maintain the uptrend.
Stellar (XLM) Joins Top 20 Cryptocurrencies
Stellar (XLM) has produced a terrific comeback in the past seven days. Its price surged from a weekly low of $0.1101 to a peak of $0.2534, an increase of over 120%. According to CoinMarketCap, the market cap of the Stellar coin also increased from $3 billion and $7.5 billion.
Thanks to the massive uptick, the Stellar crypto is part of the top 20 cryptocurrencies. It has surpassed Litecoin and Aptos. Grumlin Mystery is bullish about the Stellar price. The analyst has forecasted that the value of the XLM token may pump to the $0.3 level in at most two weeks before soaring to $0.4.
On the flip side, Grumlin Mystery believes the $0.19 support is a strong level in the case of a downtrend. Charting Guy forecasts a price surge to $2.46 in the coming months.
Binance Coin (BNB) Consolidated Above $600
Binance Coin (BNB) has been on an uptrend in the past weeks, reaching a peak of $658 on November 14. While many expected the Binance Coin price to surpass the $700 level, the altcoin price has remained in a tight range over the last week.
Data from CoinMarketCap shows the value of the Binance Coin crypto has dropped by 4.5% in the weekly timeframe. The altcoin has been trading between $600 and $660 during this period. However, it has little gains on the biweekly and monthly levels.
With the 14-day RSI above the midline, we might see some gains in the coming weeks. Cryptopigmedia predicts a price rally to $960 for the Binance Coin token if it clears the $700 mark. Another analyst forecasts a price target of $900-$1400 in the next 6-12 months.
IntelMarkets Revolutionizes Trading With the Help of AI and Blockchain
IntelMarkets (INTL) has caught the attention of investors with its novel move to bring AI and blockchain to the crypto trading market. The platform will also offer traders access to AI-based tools and fast transactions in the perpetual trading market that sees over $100 billion in daily transaction volume.
The platform has a flagship AI trading bot. These self-learning Intelli-M™ bots can adjust their performance according to the prevailing market situations. These bots allow traders to put their algorithms, set such variables as risks and leverage, and trade more efficiently without constant supervision.
IntelMarkets also has two dual-blockchain platforms, meaning that users can trade on either Ethereum or Solana. This feature allows traders to leverage Ethereum’s extensive DeFi system or Solana’s fast and cheap infrastructure.
Currently, IntelMarkets is trading at $0.054909. Its price has increased by more than 500%. Analysts forecast a potential 5x price pump in the coming months. IntelMarkets is changing the crypto trading landscape, offering traders advanced tools. As its cryptocurrency ICO continues, there is no doubt that IntelMarkets could become a leader in the crypto trading sector.
In Conclusion
Binance Coin (BNB) needs to cross the $700 in the coming weeks to regain its bullish momentum. Meanwhile, Stellar (XLM) and IntelMarkets have wowed investors with their meteoric performance. Analysts expect more gains from XLM and INTL in the coming days, making them the best altcoins to watch.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
