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The Avalanche (AVAX) community is excited about the emergence of Avalanche (AVAX) 2.0. AVAX holders see the better and refined AVAX as a growth prospect. The buzz surrounding Avalanche (AVAX) 2.0 is similar to that of the AI king, IntelMarkets (INTL).
The AI-driven platform leaves Cardano (ADA) behind as the latter drops from the top 20 cryptos. While Cardano (ADA) takes a dip, IntelMarkets (INTL) continues to grow exponentially!
The Avalanche 9000 upgrade is considered the most significant network revamp since the mainnet debut. The upgrade is the most recent milestone in Avalanche's (AVAX) ongoing transformations, making the AVAX network a better 2.0 version.
The core of Avalanche 9000 is the Avalanche Consensus Protocol (ACP-77), significantly reducing the time and expenses involved in blockchain operations while enabling nearly instantaneous transaction finality.
Meanwhile, the price movement of AVAX has been beneficial as the advances have been incorporated into Avalanche's ecosystem. It is currently trading at $27.78, up by 4.38% from two weeks ago.
Top analysts believe this positive trend for Avalanche (AVAX) could continue due to positive signals from technical indicators. As such, Avalanche (AVAX) could rise to $60 in a few weeks. Conversely, if AVAX bears decide to push the price below the 0.786 Fibonacci level, it could drop below the $20 mark.
Cardano's (ADA) price has been struggling in the current session. Over the past week, ADA's price decreased by 1.07%, and in the past month, it rose by 1.53%. However, the coin has fallen 28.6% over the last six months. Currently, ADA trades between $0.346 and $0.377.
Technical indicators give conflicting information. The 10-day simple moving average, which is $0.36, shows a short-term upward trend, slightly higher than the 100-day average of $0.35.
The coin may be approaching oversold territory, as indicated by the Relative Strength Index (RSI), currently at 39.85, below the neutral 50. 0.000060065, the MACD level is marginally positive, suggesting possible upward momentum.
ADA faces immediate resistance at $0.39 and stronger resistance at $0.42. If it breaks above these levels, the price could increase around 4% to 12%. Conversely, support lies at $0.327 and then at $0.296. Falling below these support levels might lead to further price declines.
With its spectacular ascent, Cardano (ADA) initially attracted investors looking for significant gains. However, given shifting market conditions, returning to its previous peak might be difficult. According to some analysts, it could be prudent to lower expectations. Newer cryptocurrencies attract attention from people looking for new growth prospects as more established ones encounter obstacles.
IntelMarkets (INTL) is an AI-driven platform that has emerged recently in the crypto space. Despite its recent emergence, the platform has created havoc in the industry with its unparalleled features and
The integration of artificial intelligence into IntelMarkets' (INTL) platform sets it apart. Cryptocurrency trading will shift due to AI's expansion throughout the sector. Processing tens of thousands of data hits in a few milliseconds will be commonplace.
Users of IntelMarkets can employ advanced trading methods through the AI-based trading interface, enabling them to respond quickly to changes in the market. Thanks to this technology, everyday investors now have the same market position as their institutional counterparts.
Unquestionably, this ground-breaking AI-powered currency will soon take the lead in the cryptocurrency industry. Intelli-M data consolidation allows IntelMarkets to offer real-time insights by combining data from many sources. It also provides a 1000x leverage option for high-leverage trading, enabling traders to optimize profits.
Coins are selling quickly in the Stage 4 presale as the INTL token raises $1.5 million. Experts believe that the coin will have a great future, so now is the best time to invest. With its quick adoption and rising popularity, IntelMarkets (INTL) is poised to dominate the cryptocurrency market. By February 2025, many specialists predict that INTL will cost more than $1.
Discover More About Intel Markets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarkets
Official Twitter: https://x.com/intel_markets
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
