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Amid Ethereum and Polkadot losing key price levels, experts’ attention has been captured by Intel Markets’ AI-powered blockchain.
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Despite unfolding market bounce and rising sentiment, Ethereum (ETH) and Polkadot (DOT) fear losing key price levels. Analysts believe this correction will be healthy, setting the stage for more sustained and bullish traction.
Meanwhile, Intel Markets (INTL), an AI-based blockchain, is set to reshape the ecosystem and transform the crypto trading scene. By combining AI technology with blockchain and DeFi, it is primed for massive growth and hailed as the leading new crypto.
Intel Markets: Transforming blockchain and crypto trading
Intel Markets is an AI-based blockchain on a mission to reshape the crypto trading scene. This unique approach makes it a new DeFi project to watch and a new ICO to keep an eye on. This intriguing blend of AI with blockchain and DeFi has become a subject of much interest, sparking early demand.
In stage 2 of the presale, a token is undervalued at $0.018. Unsurprisingly, its low price is one of its biggest attractions—savvy investors have been stockpiling. With plenty of room for growth as an emerging cryptocurrency, industry experts anticipate a 100x rally after its debut, making it a must-have.
Beyond the gains, Intel Markets’ AI-powered smart trading aims to put it at the forefront of the global crypto trading market, estimated to reach $347 billion by 2030. It will be the first modern-gen trading platform with trading robots trained on over 100,000 data points.
The bots are designed to identify market opportunities and automatically take positions depending on trading objectives. With adoption imminent, it is a bullish wave to take advantage of, ahead of Ethereum and Polkadot.
Ethereum: A potential fall below $2,200?
Ethereum has been largely underwhelming, experiencing a gradual decline since its annual peak. In March, the Ethereum price hit $4,000 but has since tumbled below $2,400. On the monthly charts, it nosedived 10%, sparking concerns.
While it is experiencing a slight uptick, the fear of a fall below $2,200 looms. Retesting this level might result in a cascading selloff below $2,000, considering the big hit on investors’ confidence.
On the other hand, a comeback is also on the cards. The Ethereum blockchain remains the DeFi powerhouse, despite the rising competition from Solana. Additionally, Ethereum ETFs are future bullish catalysts. In light of its promising outlook, it is a good crypto to buy and the dips are great discounts.
Polkadot: Will it Tumble Below $4?
The multichain protocol Polkadot is a top-20 cryptocurrency by market size. It facilitates cross-chain transfer of any data or asset types, allowing interoperability among blockchains. Given its solid fundamentals and real-world applications, it is an investor favorite.
Like most altcoins, its performance in the monthly time frame is underwhelming. In the past 30 days, the Polkadot price slid 7%, hovering above $4.2. Amid this ongoing tussle between the bears and bulls, analysts predict a potential fall below the $4 support.
On the bright side, the Polkadot crypto will enter attractive buying zones. Nevertheless, its long-term outlook remains promising. According to analysts, it will retest its annual high of $11. This Polkadot price prediction is followed by a projected jump above $20 before the year’s end, positioning it among the altcoins to watch.
Conclusion
Amid fear of losing key price levels, Ethereum and Polkadot are on investors’ radars. Meanwhile, Intel Markets, an AI-powered blockchain and trading platform, is the latest crypto sensation. This trailblazing approach sets the stage for adoption and growth, tipped to become one of this year’s biggest breakout stars.
To learn more about Intel Markets, visit the website, Telegram and Twitter.
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This article first appeared at crypto.news
