BitMEX co-founder, Arthur Hayes, has predicted that the Ethereum price could soar to $5,000 soon as top altcoins rise on the charts. However, there is a new AI coin in the market called IntelMarkets (INTL) that has risen by about 900%.
IntelMarkets is a new DeFi project using artificial intelligence to make trading more profitable. Its ongoing cryptocurrency ICO has caught the attention of lots of investors, including SHIB holders. This DeFi coin could be the next crypto gem to see massive growth.
The Shiba Inu price has been on an uptrend in the past week; its value has risen by 16.3% on the weekly timeframe and 20.4% on the biweekly chart. Its value has risen from $0.000012 to $0.000014. Taking a look at the current market trends, if the Shiba Inu price maintains this momentum, it could soar to the $0.000015 mark or a higher price target of $0.000019.
On the flip side, if bears intervene, the Shiba Inu price might drop to the nearby support level of $0.000013. Plus, if the bearish trend continues, the Shiba Inu price might drop to its lower support level of $0.000012.
Meanwhile, a top analyst, CryptooELITES forecasts the Shiba Inu price might pump by 12x to $0.000180 in the coming months. Another expert, Satori, says the Shiba Inu price could rise by 20% to $0.000017. He noted the Shiba Inu price was forming an inverse head and shoulders pattern, which could lead to a bullish run.
Crypto entrepreneur and BitMEX co-founder, Arthur Hayes, has dropped a bullish Ethereum price prediction. He forecasts the Ethereum price could soar to $5,000 before the Solana price rises to $300.
His prediction arrives just as the Ethereum price climbs to the $2,000 level after a period of sluggish performance. CoinMarketCap data indicates the Ethereum price has risen by 5.8% in the weekly chart.
The altcoin has also extended its gain to the biweekly timeframe, which has a price increase of 10.1%. Apart from Hayes, other analysts are still optimistic about the Ethereum price. CryptoGoos forecasts the Ethereum price might rally to $4,200.
Afterwards, the analyst expects the start of a parabolic rally to $9,500. Crypto Rover predicts the Ethereum price might rally to $10,000. In the meantime, the Ethereum price faces strong resistance around the 50-SMA ($2,380), which could affect its trajectory in the coming weeks.
Although the Ethereum price could soar to $5,000, it is a long shot. The altcoin has a number of resistances it must conquer to achieve this feat. IntelMarkets (INTL), on the other hand, has no resistance on its way. IntelMarkets is shaking up the cryptocurrency trading scene by weaving AI into its platform, giving traders access to cutting-edge tools and exciting new opportunities.
The platform’s presale has caught a lot of eyes, raking in over $12 million, with each INTL token going for $0.091. This sets the stage for early investors to potentially see a 360% gain when the token launches at $0.42. One of the standout features of IntelMarkets is its decentralized marketplace for AI agents, a first in the industry.
This marketplace showcases a range of AI agents designed for various trading strategies and risk levels, including pre-built, customizable, and community-created models. These agents act like virtual trading assistants, constantly analyzing market data to help optimize trading decisions.
The platform’s Intelli-M™ bots also highlight its AI prowess. Trained on over 100,000 data points, these self-learning bots adjust to real-time market conditions, executing trades on their own based on user-defined parameters like risk tolerance.
As the Ethereum price is approaching the $5K mark, IntelMarkets is positioning itself as the next-generation cryptocurrency trading platform for new and professional traders. It has gained 900% and could soar by 360% upon launch. Those who are looking for the best coins to invest in could join the IntelMarkets crypto ICO.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficialTwitter: https://x.com/intel_markets
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