The crypto space is gearing up for what could be a massive price surge in the coming months. Bitcoin Cash whales are not taking any chances and have been investing in a new DeFi project called IntelMarkets.
Analysts forecast the value of the project could increase by 5x in the next bull run. So far, IntelMarkets has raised $1 million in funding and is gunning for $1.5 million in October. Meanwhile, analysts have given a bullish prediction for Avalanche (AVAX).
Bitcoin Cash (BCH) Must Remain Above Support To Reach New Levels
In a recent tweet, a crypto analyst, Gmgiray, evaluated the price movement of Bitcoin Cash (BCH). According to them, the Bitcoin Cash coin could experience a breakout in the coming weeks if it remains above the support at $310.
If this happens, then the Bitcoin Cash price could soar to the resistance at $365. Looking ahead, Gmgiray forecast two price targets of $455 and $532 in the future. In the meantime, Bitcoin Cash crypto is consolidating below the 50-SMA ($333.04) and 200-Day SMA ($371.37), a sign that it is in the hands of bears.
Most of the technical indicators of Bitcoin Cash (BCH) are bearish, including the 14-day RSI, which is below 50. On the other hand, the Stoch RSI (14) and Hull Moving Average (9) are showing buy signals which is a bullish sign.
Avalanche (AVAX) Price Forecast
Avalanche (AVAX) has been on an upward trajectory in the past week, rising from a low of $24 to a high of $27.5. Although Avalanche has suffered some losses, it remains among the top crypto coins, with gains of 11% on the monthly level and 167% on the yearly timeframe.
Right now, Avalanche coin is above the 50-SMA at $25.26, a sign that bulls are gradually returning to the market. The altcoin’s 14-day RSI has also crossed 50 and could soar to the overbought region in the coming weeks.
With such bullish sentiment, analysts believe that the Avalanche price could reach the $30 region. Coincodex forecasts the value of AVAX might soar to $37.10 by November. According to CryptoHelp90, the price of the Avalanche crypto could soar to $34.
IntelMarkets (INTL) Surpasses $1M To Revolutionize Crypto Trading
IntelMarkets (INTL) is an emerging crypto trading platform where the efficiency of trading will be enhanced using blockchain and artificial intelligence. The platform will incorporate advanced tools and features that have been available to a few traders in the market. They include the Intelli-M Multi-channel tool, Rodeum AI-based trading bots, and lots more.
In addition, IntelMarkets works with a dual-chain architecture. Operating on both the Solana and Ethereum networks, traders can get the possibility to decide on the best network for them. This approach gives investors access to faster, cheaper, and more secure trades. Industry experts believe this can make IntelMarkets one of the frontrunners in the $36.5 billion crypto trading platform market.
Also, IntelMarkets’ Intelli-M Multi-channel can evaluate trade signals from a thousand sources on over a hundred thousand assets. Traders can use them to make better decisions because they provide real-time and enterprise-quality data. In addition, IntelMarkets has Rodeum AI trading bots that can read the market trend and assist the trader in gaining more profit.
The bots can also learn from their previous mistakes and make improvements in the future. Currently, IntelMarkets is in the third phase of its presale and has clinched a massive milestone, surpassing $1 million in funding. Analysts forecast the price of its native token, INTL will increase by 5x in the coming from its current price of $0.027364.
IntelMarkets Gains Attention from Bitcoin Cash Investors
The recent interest of Bitcoin Cash (BCH) whales in IntelMarkets shows that it has caught the appeal of seasoned investors in the crypto market. Also, its presale smashing the $1 million milestone makes it the best ICO to invest in right now. BCH investors are betting on the new project to give more than 5x gains before the year ends.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
