Analysts say the ongoing correction in the crypto market will not last long. They predict that Binance Coin (BNB) could reach $700 and Bitcoin Cash (BCH) could reach $555.
But beyond these leading coins, a new AI coin is attracting the attention of crypto whales. That is IntelMarkets (INTL). With large investors accumulating the Intel market, we expect a massive breakout to occur soon.
Analysts expect Binance Coin (BNB) ATH to be $700
Vella Crypto points out that the Binance Coin cryptocurrency is poised for a major rebound at the $606 support. Such a move could increase the value of Binance Coin (BNB) to $700. Conversely, a loss of support at $606 could push the altcoin all the way to $575.
Another analyst, Anarcho Economy, predicts that the price of Binance Coin could rise to $880 in the coming weeks. They emphasized that the $585-$590 level is a major support level. On the other hand, Binance Coin token has shown a small weekly increase of 1.4%.
However, on the biweekly chart, its value fell by 0.3%. However, some technical indicators remain bullish. The 14-day RSI is still above the midline, which is a positive sign. For Binance Coin (BNB) to regain bullish momentum, it needs to break above the resistance level near $660-$680.
InvestingHaven predicts Bitcoin Cash (BCH) could rise to $555
A top analytics platform called InvestingHaven has revised its Bitcoin Cash (BCH) price predictions for this year. They raised their 2024 bullish target from $475 to $555, but the extended target remains at $700. Latest reviews show they are optimistic about the Bitcoin Cash token.
Another analyst named CW is also optimistic about BCH. They told their followers that Bitcoin Cash coin is forming a downward wedge pattern. CW added that if the breakout is successful, the altcoin’s value could rise to $615 in the short term.
At the moment, the Bitcoin Cash price chart is showing an uptrend. According to data from CoinMarketCap, the value of the cryptocurrency has increased by 13.4% in seven days. The higher levels are also up, with a 15.4% gain on the 14-day chart and a 41.5% gain on the 30-day chart.
Intel Market (INTL) is set for a bull market, with a potential 10x return on the way
IntelMarkets (INTL) is gaining some well-deserved attention in the crypto space, especially as the platform is in the cryptocurrency ICO phase. This next-generation trading platform has attracted over $2.4 million in investment. The token price on IntelMarkets is currently $0.054909. Experts believe that the token has the potential to gain 10x as the platform develops.
This platform aims to revolutionize the cryptocurrency trading market from the ground up. IntelMarkets plans to incorporate AI into every aspect of this platform. The most notable feature is the AI-based trading bot that allows users to automate the trading process.
These bots can be configured to work according to specific risk management and trading strategies, making it easy for beginners and experienced traders alike to take advantage of market opportunities throughout the year. Another big strength is the dual-chain architecture.
IntelMarkets supports Ethereum and Solana platforms, and users can choose between Ethereum's DeFi platform or Solana with its high TPS and low fees. Analysts say the advanced AI-based trading platform, combined with the use of blockchain and premium tools, makes IntelMarkets attractive to become a dominant force in the $264 billion crypto trading platform market. I think it's possible.
final thoughts
While Binance Coin (BNB) and Bitcoin Cash (BCH) are aiming for high prices, IntelMarkets is considered one of the most promising competitors on the market. The interest of these big whales indicates that this new DeFi coin could be preparing for a huge pump. INTL has upside potential, making it the best cryptocurrency to buy now.
Learn more about Intel Market:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
