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As Bitcoin stabilizes around $69k, altcoins like Tron and Intel Markets are showing strong resilience, with forecasts suggesting significant price increases ahead.
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Altcoins recently soared on the price chart as Bitcoin tried to cross the $73k mark. While Bitcoin’s price has since dipped to the $69k level, some top crypto coins like Tron (TRX) are still showing resilience. Coincodex says its value could pump to $0.279678 in the coming months.
Meanwhile, the prices of Solana (SOL) and Intel Markets (INTL) skyrocketed as well. While the Solana coin breached the $180 mark for the first time in three months, Intel Markets pumped 300% to its current price of $0.036545. Analysts forecast the value of Intel Markets could increase by 200% in the coming weeks, making it a good crypto to buy.
Tron continues uptrend, Coincodex forecasts surge to $0.279678
The value of the Tron coin has increased by 10% over the past 30 days, as per CoinMarketCap’s data. The price of TRX has been on a steady uptrend during this period, rising from a monthly low of $0.152 to a peak of $0.170.
While there has been a price correction, the Tron crypto is still above the 50-SMA ($0.156734). Coincodex forecasted a value pump of $0.279678 could occur by January 2025.
Meanwhile, there has been a recent development in the Tron network. Tron has joined hands with Chainlink Scale, adopting Chainlink’s Data Feeds as its official Oracle solution. This move will improve the security and stability of TRON’s DeFi network, which has a TVL of over $6.5 billion.
Chainlink will offer data feeds for TRON-based DeFi apps JustLend and JustStable. Before now, the Oracle solution for the Tron blockchain was WINkLink.
Intel Markets gains 300% enroute to transforming crypto trading
A new player, Intel Markets, about to enter the crypto trading market has been making a lot of noise following its 300% price pump. This is not just another exchange promising high profits and low commissions. Intel Markets is something of a quiet revolution, launched by a team of former Google, Goldman Sachs, OpenAI, and Renaissance Technologies employees.
In Intel Markets’ arsenal, the primary asset is an AI trading bot. While other bots follow pre-set algorithms, Intel Markets’ bot is self-learning and can be customized. It can accommodate different trading strategies, desired risk levels, and investment objectives. Think of a bot that adapts with each trade. It is able to understand what has worked and what has not.
This is what IntelMarkets offers. It means that users can train the bot to implement certain approaches, ranging from scalping to trend trading or even holding assets for years. In the long run, the bot is an even more individualized instrument that follows the trader’s attitude toward risk and investments.
This is a highly adaptive feature since it takes the concept of trading to an entirely new level. Also, Intel Markets has a special leverage of 1,000x. With 1000x leverage, Intel Markets allows traders the opportunity to increase their positions based on slight movements in the market. The project has raised over $1.6 million in the presale phase.
Solana price reaches $182, but bulls failed to hold the support
Over the past week, the price of Solana has been overwhelming. The altcoin soared to a weekly peak of $182.79, as per data from CoinMarketCap. However, selling pressure soon took over as investors took profit.
Currently, the Solana price has plummeted to the $160 region. Nevertheless, it remains bullish on the monthly timeframe with major supports at the 50-SMA ($151.57).
In more positive news, data from DeFiLlama shows the Solana ecosystem has witnessed a large increase in trading volume and TVL. The network’s TVL crossed $6 billion for the first time in months, painting a bullish picture for the Solana token.
CryptoMexTrades forecast the value of the Solana coin could pump to $187.48 in the next few weeks. Another cryptocurrency enthusiast, Trader ELM, told his followers he believed Solana’s price might pump to $196.
In summary
The integration of Chainlink Data Feeds is a step up for Tron and TRX coin. Coincodex forecasts the value of TRX could pump to $0.279678 in the coming months. Also, the current price movement of Intel Markets and Solana suggests that these altcoins could see massive price increases in the coming weeks.
To learn more about Intel Markets, visit the presale website, Telegram and Twitter.
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This article first appeared at crypto.news
