The crypto market is on the verge of what could be the greatest rally in history. Bitcoin has crossed the $100k milestone and crypto ETFs are gaining traction among traditional investors.
Currently, analysts forecast the price of Shiba Inu (SHIB) could hit $0.0000444. Also, Solana (SOL) and IntelMarkets (INTL) are aiming for new highs. While SOL could rally to $310, INTL might hit $0.1 in the coming weeks.
Shiba Inu (SHIB) on the Verge of Breakout, Target Could Be $0.0000444
A top analyst called Whales HQ believes the Shiba Inu coin is about to break out of a triangular formation. The chart accompanying the tweet showed the upper part of the trend line is around $0.000033
Surpassing this level could kickstart the long-awaited Shiba Inu (SHIB) bull run. Investinghaven forecasts the value of the memecoin could hit $0.0000444 by mid-December. They noted that if the Shiba Inu crypto fails to breach this market, it would need to retrace and make another attempt next year.
Currently, the Shiba Inu token is trading within a narrow range ($0.00003-$0.000033). CoinMarketCap price information shows the memecoin's value has increased by 58.1% in the past month and 17.3% in the past two weeks.
Shiba Inu's (SHIB) Hull Moving Average (9) and Average Directional Index (14) are in the buying territory. They are bullish and hint at a potential breakout in the coming days.
Solana (SOL) Targets New All-time High
In a recent tweet, Trader Arpit forecasts the value of the Solana token could hit a new all-time high of $310 in the coming weeks. Another analyst with the name Coinvo gave a similar prediction. They say the Solana price chart has formed a cup and handle pattern.
In the case of a successful breakout above the trend line, Coinvo expects the Solana crypto price to hit $320. At the moment, data from CoinMarketCap reveals Solana (SOL) is trading between $217.96 and $244.36 on the weekly timeframe.
The altcoin price has dipped by 8.9% on the biweekly chart following a price correction from its latest ATH. Nevertheless, analysts believe the correction might not last. Besides, most of Solana's (SOL) technical are supporting a trend reversal.
The relative strength index is above the midline, signaling support for bulls. Also, the Stoch RSI (14) is displaying a buy signal which is a sign that more buyers are entering the market.
IntelMarkets (INTL) Presale Turns Heads With 600% Price Pump
IntelMarkets (INTL), might be new but could become one of the market leaders in the DeFi market. The project's blockchain ICO success has attracted a lot of attention. IntelMarkets has already seen a 600% price pump in this bull market to reach $0.064091. Analysts forecast a price target of $0.1.
IntelMarkets has also raised over $3.6 million in funding, signaling high investor interest. One of the key features of IntelMarkets that has caught the attention of investors is the Rodeum AI trading bots. These are next-gen AI bots that can follow investors’ trading patterns and learn from their mistakes.
Also, the Intelli-M multi-channel analysis tool and Intell-Array monitoring system give traders data that enable them to respond to market changes very quickly. Another benefit of IntelMarkets is the ability to select the Ethereum and Solana blockchains, which regulate all types of trading.
Ethereum offers security while Solana offers low cost and fast transaction processing. The features above make IntelMarkets one of the best projects to join.
Final Thoughts
Shiba Inu (SHIB) is on the way to $0.0000444. Also, Solana (SOL) and IntelMarkets could reach new highs in the coming months based on the positive sentiment in the market. Investors who are looking for the best cryptocurrency to buy can check out these giants.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
