Grelup
The Cardano price faces many challenges due to negative developments and market sentiments. The progress regarding approving a Cardano ETF has been slow, and its technical indicators are bearish. The number of bullish indicators is low compared to the bearish ones.
At the same time, IntelMarkets is attracting investors’ attention as analysts predict a massive 900% price increase. The Cardano price faces huge competition, especially with the ongoing INTL public presale. Over $9.5 million has been raised, and 40.2 million tokens have been sold.
Cardano Price Faces Uncertainty as Market Sentiment Remains Bearish
The general sentiment on the Cardano price remains bearish. Only nine technical indicators show bullish movements compared to 21 bearish indicators. ADA is struggling to gain momentum in the market.
In the next 30 days, Cardano’s 200-day SMA is predicted to be at $0.72, while its 50-day SMA could be at $0.85. However, resistance levels at $0.81, $0.83, and $0.84 present a big problem.
The Cardano price support levels are also in bad shape. Data shows they are currently at $0.77, $0.76, and the strongest at $0.73. Additionally, the classical pivot point for ADA is at $0.79.
Because of these price issues, Cardano faces massive competition from other cryptocurrencies. Crypto projects like IntelMarkets are getting the attention of investors who want more promising assets. Its native token, INTL’s presale, is already ongoing, raising over $9.5 million.
With the security and automated trading IntelMarkets offers, the Cardano price could face many issues throughout the year.
Source: TradingView
IntelMarkets Presale Gains Momentum with an Expected 900% Surge
While the Cardano price remains uncertain, IntelMarkets’s presale is attracting much investor interest. Its current round price is $0.082; the next round price will automatically be $0.092. This token’s estimated launch price is $0.11, and it will be on the Ethereum network.
One reason IntelMarkets could increase by over 900% is its tokenomics. The developers set the total supply at 2 billion tokens. Hence, if the price increases to $10 after launch, the market automatically becomes $20 billion.
Besides that, investors who bought at the current presale price of $0.082 will enjoy more than 12,000% profits.
IntelMarkets is unique because it integrates AI into blockchain trading. The platform has many features, such as autonomous trading robots, real-time data monitoring, and quantum-proof security. Its Intell-M® Channel Analysis provides insights from over 10,000 data platforms.
The platform’s native token, $INTL, powers its ecosystem. It enables staking, governance, and fee reductions. Holding $INTL tokens allows users to benefit from up to 30% discounts on trading fees.
How AI Coins Are Outperforming Traditional Cryptos Like ADA
AI projects like IntelMarkets are challenging established projects like Cardano because they change how investors trade and interact with the crypto market. The platform’s AI allows users to change risk management settings, optimize profitability, and create trades without manual intervention.
One of IntelMarkets’ standout features is the Rodeum AI infrastructure, which supports its blockchain ecosystem. This AI-powered development layer is backed by over $500,000 in grants. Additionally, the platform’s Quantum X Wallet protects users from future security threats from quantum computing.
As IntelMarkets gets investors’ attention, projects like ADA face a huge problem. This token is currently facing market issues due to a price decline. Hence, many holders are diversifying their portfolios with more promising projects like IntelMarkets.
ADA already has a strong reputation for providing smart contract solutions. However, the IntelMarkets project offers several benefits to users, traders, and developers. Hence, if it continues to gain traction, it could perform better than Cardano and other popular crypto projects.
Conclusion
Although there have been moments of increases, the Cardano price remains unstable. Both fundamental and technical indicators show that ADA prices could drop.
On the other hand, IntelMarkets is getting attention because of its ongoing public presale. Many experts predict that the native token, INTL, could increase over 900% within the year. Unlike ADA, INTL backs up this claim with a strong presale performance.
More than 40.2 million tokens have been sold so far. Only around 43 million tokens remain for the current presale round. Once this is finished, the price increases from $0.082 to $0.092.
For more detailed information about IntelMarkets, its features, and presale:
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
