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Cardano (ADA) and Chainlink (LINK) Maintain Bullish Momentum – FOMO Pushed Investors to New AI Coin as Launch Date Nears

November 20, 2024
in Crypto News
Reading Time: 3 mins read
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Cardano (ADA) and Chainlink (LINK) Maintain Bullish Momentum – FOMO Pushed Investors to New AI Coin as Launch Date Nears
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The bulls are back after the long bear market, sending prices up. While Bitcoin (BTC) leads the charge, recording successive all-time highs, top altcoins like Cardano (ADA) and Chainlink (LINK) maintain bullish momentum.

Meanwhile, FOMO spiked as IntelMarkets (INTL), a new AI coin, reached its ICO stage. Nearing its debut, expected to be explosive, investors have been doubling down, aiming to make the most of its bullish wave.

IntelMarkets (INTL): Launch Date Approaches

IntelMarkets (INTL), one of the new ICOs, is the latest on investors’ radars. The presale entered the sixth stage this week and crossed $2.4 million in raised funds. As it approaches its debut, new investors have been flocking in droves to the presale, hoping not to miss out.

A token is massively undervalued at $0.054 in the current stage—one of its many appeals. With 500% growth since its debut and more before the launch date, it has been hailed as this quarter’s best presale. Moreover, a 75x rally is anticipated after listing on Tier-1 exchanges, placing it on the list of the best cryptos to invest in.

Further driving demand is its solid fundamentals as an AI-powered trading platform. Unlike conventional protocols, the ecosystem will be powered by an AI-based blockchain. Further, its trading robots can handle high data volumes at lightning speed and perform rigorous technical calculations from multiple markets in seconds.

Equally important, its trading bots can self-learn and it is a dual-functionality exchange. The platform will be supported by and can run on the Ethereum and Solana blockchains; traders have the flexibility to choose their preferred blockchains. Additionally, the bots can learn from their own mistakes and real-time data, boosting their performance over time.

Cardano (ADA): 100% Upswing on the Monthly Chart

Cardano (ADA) ranks among the top altcoins and plays a key role as a DeFi platform. It is having a remarkable month, soaring over 100% in the past 30 days. The Cardano price increased 18% on the weekly chart, trading above $0.74.

It maintains traction, eyeing a breakout above $1. Given key indicators like the MACD level (12, 26) and the Cardano (ADA) price trading above the 10-EMA ($0.651) and 10-SMA ($0.657), it is primed for further gains.

At the same time, experts’ price predictions paint a bullish outlook for the Layer-1 token. Mr. Brownstone, a crypto analyst, suggests a breach of the $0.82 resistance will push the Cardano price above $1.TheADAApe, another analyst, has $10 as their 2025 price prediction, positioning ADA among the best cryptos to invest in.

Chainlink (LINK): 30% Uptick

Chainlink (LINK), a top crypto coin, is one of the month’s top gainers. The Chainlink price soared 30% on the monthly charts, trading above $14. Preparing for a breakout above $18, it is one of the altcoins to watch.

Meanwhile, technical indicators like the 20-VWMA and 10-EMA are buy signals, suggesting further upswings. A new Bitcoin peak might also be a bullish catalyst, sending the price up. Moreover, experts are bullish, calling for a huge price jump.

CryptoMichNL, a crypto analyst, believes Chainlink (LINK) has bottomed; $18 is their next target. Another crypto analyst, nightgoat42, anticipates a break and retest of the $15 resistance should accelerate the price towards $18.

IntelMarkets (INTL): Can it Outshine Cardano (ADA) and Chainlink (LINK) after Listing?

IntelMarkets (INTL) is an emerging cryptocurrency approaching its launch date. Its bullish AI-DeFi narrative and impending transformation of the crypto trading scene set the stage for massive growth after its debut. Tipped for a 75x rally, it might be a strong contender against Cardano (ADA) and Chainlink (LINK).

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