According to a recent tweet by Crypto Lalit, there is a bull flag formation on the Solana (SOL) price chart. The analyst predicts the value of SOL could pump to $350 based on this bullish pattern. But, all eyes have been on IntelMarket (INTL) following its 600% price pump.
Analysts believe INTL could remain one of the best-performing altcoins and could skyrocket by up to 10x. Meanwhile, Shiba Inu (SHIB) is eying a potential breakout from a cup and handle pattern. The expected target is $0.00003237.
Solana (SOL) Bull Flag Pattern Could Push It To $350
Solana (SOL) is a high-performance layer 1 blockchain that has gained popularity in the market for its low fees and fast transactions. Data from CoinMarketCap indicates the Solana coin price has dropped by 3.5% in the last two weeks.
Yet, analysts expect a trend reversal to play out in the coming days. Crypto Lalit argued that the Solana price is moving in a bull flag pattern. In the case of a breakout, the analyst forecasts the value of the Solana token could rally to $300 and then $350.
Another crypto expert called Xerxes also predicts the altcoin price might pump to $300 soon. Meanwhile, the cryptocurrency community is looking forward to a potential Solana ETF. Rumors have it that the current administration has no plans to greenlight any SOL ETF.
Shiba Inu (SHIB) Price Eyes $0.00003237 As Bullish Pattern Forms
The ongoing market crash caused by Bitcoin’s fall has been catastrophic to Shiba Inu (SHIB). Data from CoinMarketCap shows the Shiba Inu price has dropped by 8.4% in the last seven days. However, the meme token has a double-digit gain of 14.2% in the biweekly timeframe.
The memecoin lost the crucial $0.00002879 level during this period. Bulls may attempt to reclaim it in the coming weeks. Crypto analyst Asteks believes the Shiba Inu coin is set to rally to $0.00003237 due to the formation of a cup and handle pattern on the chart.
In addition to Asteks, other crypto gurus have forecasted an upward trend for the Shiba Inu token. Shib Spain noted that the meme coin is testing a crucial support level around $0.000024. If this support remains intact, the expert believes that SHIB may surge to $0.0000520.
IntelMarkets (INTL) is Transforming Crypto Trading With AI
IntelMarkets (INTL) is a new project that seeks to build a pioneer AI-powered trading platform. It integrates the features of blockchain, Artificial Intelligence, and Decentralized Finance (DeFi). IntelMarkets’ goal is to redefine the $264 billion global crypto trading market using trading robots that can gather information from more than 100,000 data points.
IntelMarkets’ trading bots can perform technical analysis instantly. What makes it even better is that these bots built with Radeum AI are self-learning, meaning their results improve with more market data. Its level of automation and self-learning capability makes it a good choice for new and professional traders.
Another of its unique features is its dual-chain design – integration with the Solana and Ethereum blockchains. This means that traders can choose between the flexibility of Ethereum and the cheaper, faster Solana for their transactions.
At the moment IntelMarkets has raised over $4.1 million in its ongoing cryptocurrency ICO. The native INTL token has outperformed both SHIB and SOL, rallying by more than 600% to reach $0.064091. Analysts forecast a price surge of 10x in the months ahead.
Conclusion
Solana (SOL) and Shiba Inu (SHIB) are among the best coins to invest in now. They are on the brink of a breakout that could send them skyrocketing to new peaks. Meanwhile, IntelMarkets should not be written off. Analysts say this new DeFi coin has the potential to soar by 10x in the coming months.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
