Analysts say the crypto market’s ongoing correction will not last. They forecast that Binance Coin (BNB) could reach $700, while Bitcoin Cash (BCH) may touch $555.
But beyond these heavyweights, a new AI coin is capturing the attention of crypto whales: IntelMarkets (INTL). Since large investors are accumulating IntelMarkets, it is expected to have a large breakout soon.
Analyst Forecasts $700 ATH for Binance Coin (BNB)
Vella Crypto notes the Binance Coin crypto is getting set for a major bounce at the $606 support. Such a move could push the Binance Coin (BNB) value to $700. Conversely, losing the $606 support could push the altcoin to $575.
Another analyst, Anarcho Economy, forecasts that the Binance Coin price could increase to $880 in the coming weeks. They highlighted that the $585-590 level is a major support level. In the meantime, the Binance Coin token has a small gain of 1.4% on the weekly timeframe.
However, its value has declined by 0.3% on the biweekly chart. Yet some of its technical indicators remain bullish. The 14-day RSI is still above the midline, which is a positive sign. Binance Coin (BNB) has to surpass the resistance around the $660-$680 region to regain its bullish momentum.
InvestingHaven Forecasts Potential Rise To $555 for Bitcoin Cash (BCH)
A top analytical platform called InvestingHaven has reviewed its price forecast for Bitcoin Cash (BCH) this year. They have increased the bullish target 2024 from $475 to $555 while the stretched target remains at $700. The latest review shows they are optimistic about the Bitcoin Cash token.
Another analyst called CW is also optimistic about BCH. They told their followers that the Bitcoin Cash coin was forming a falling wedge pattern. CW added that a successful breakout could push the value of the altcoin to $615 in the short term.
At the moment, the Bitcoin Cash price chart is showing gains. Data from CoinMarketCap reveals that the cryptocurrency’s value has risen 13.4% on the 7-day timeframe. There are also gains at the upper levels—a 15.4% profit on the 14-day chart and a 41.5% increase on the 30-day chart.
IntelMarkets (INTL) Set for Bull Run, 10x Potential Gains on the Way
IntelMarkets (INTL) is getting the attention it deserves in the crypto sphere, especially as the platform is in the cryptocurrency ICO phase. This next-generation trading platform has attracted over $2.4 million of investment. IntelMarkets currently has its token priced at $0.054909. Experts believe that the token could see 10x gains as the platform develops.
This platform aims to overhaul the crypto trading market. IntelMarkets plans to incorporate AI in every aspect of this platform. Among the most noteworthy features are the AI-based trading bots that allow users to automate the trading process.
These bots can be configured to operate according to certain risk management and trading strategies, which makes it easy for newbie and seasoned traders to take advantage of market opportunities throughout the year. The other significant strength is the dual-chain architecture.
IntelMarkets supports Ethereum and Solana platforms, allowing users to select between Ethereum’s DeFi platform or Solana’s high TPS and low fees. Analysts believe that the advanced AI-based trading platform, combined with the use of blockchain and high-grade tools, could be attractive to make IntelMarkets a force in the $264 billion crypto trading platform market.
Final Thoughts
While Binance Coin (BNB) and Bitcoin Cash (BCH) aim for high prices, IntelMarkets could be considered one of the most promising competitors on the market. The interest of these large whales indicates that this new DeFi coin could be preparing for a huge pump. The potential upside of INTL makes it the best cryptocurrency to buy now.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
