The crypto market has been very volatile in the past week. Top crypto coins like Solana (SOL) and Shiba Inu (SHIB) have dropped below key support levels and could fall lower if the downtrend remains. Meanwhile, Solana and Shiba Inu holders are looking for an asset that offers stability and even higher returns.
Meet IntelMarkets (INTL) – the AI-based coin that has grown by 810% and has not been affected by any market fluctuations. Given its connection to the billion-dollar AI market, the value of IntelMarkets might pump to $1 soon.
Shiba Inu (SHIB) Remains Key Level As Downtrend Lingers
Shiba Inu (SHIB) has been trading below the $0.00002 region in the last few days. The memecoin lost the key support after a massive correction hit the market. Data from CoinMarketCap shows that Shiba Inu (SHIB) has dipped by 10.1% on the weekly timeframe.
In addition to this, there are losses of 13.1% and 14.5% on the biweekly and monthly charts. Based on technical analysis, the sentiment surrounding the Shiba Inu token is mixed. The relative strength index is around the 30 region which signals high selling pressure.
However, technical indicators like the Hull Moving Average (9) and Stoch RSI (14) are flashing buy signals. This could mean the Shiba Inu coin has hit rock bottom and might begin an uptrend in the coming days.
CW forecasts the Shiba inu coin price might rally to $0.00004 in the coming weeks. However, the analyst notes the memecoin must break out of the falling wedge pattern.
Solana (SOL) Hits Resistance
Solana (SOL) has suffered a pullback after meeting with resistance at $235. The cryptocurrency has been on a downtrend since falling from $270. While bulls tried to force a recovery on January 29, the upward price movement did not last.
CoinMarketCap data shows the Solana price has declined by 8.9% on the weekly timeframe. Nevertheless, it is bullish on the monthly level with a 20.5% price increase. Moving forward, analysts are divided about the movement of the Solana coin. Smcapitalclub forecasts the altcoin price might drop to $202 in the coming weeks.
On the flip side, Man of Bitcoin notes the value of the Solana crypto could rise to $260 and $270 levels if it breaks the $245 resistance. Interestingly, technical indicators like the relative strength index and the Fear and Greed Index support an upsurge.
IntelMarkets (INTL) Unveils a Decentralized Intelligence Platform
IntelMarkets (INTL) is a DeFi project that could change the face of cryptocurrency trading through the world’s first decentralized intelligence marketplace. This revolutionary system allows traders to develop, invest and trade AI agents.
The platform provides traders with a wide selection of artificial intelligence agents to meet their investment needs and preferences. This marketplace helps traders to improve their trading experience by engaging data scientists to work together.
In addition, IntelMarkets offers perpetual trading options. Traders can use its Intelli-M™ bots to track price, volume, and trends and define profitable positions. These bots use past and present data in the market to make predictions for traders.
Interestingly, the bots are self-learning and can learn from mistakes and errors. Meanwhile, IntelMarkets is currently in the presale phase. Its INTL token has increased by over 810% to a price of $0.082455.
Why IntelMarkets is a Good Cryptocurrency To Buy
While Solana (SOL) and Shiba Inu (SHIB) are still in the red zone, IntelMarkets is posting profits and ready to provide investors with a great opportunity to get out of the red zone. Its price is expected to skyrocket to $1 in the coming months, making it a good crypto investment. Meanwhile, IntelMarkets is offering a 50% bonus for those who use the code “REVAMP.”
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets