The Cardano price has dropped following a correction in the overall market. Data from CoinMarketCap shows the Cardano price is trading below the former $0.60 support. Also, the value of Shiba Inu has dropped below critical levels and could fall to $0.0000095.
Meanwhile, IntelMarkets (INTL) has raised its gains to 900%. Although the bearish market has slowed its growth, the DeFi coin has shown resilience. Its value is expected to skyrocket by 20x in the coming months, positioning it as the best cryptocurrency to buy now.
Cardano (ADA) Drops To $0.50 Region
The Cardano price movement at the beginning of April has left investors disappointed. The altcoin price has dropped from $0.69 to $0.51 due to the increased selling pressure in the market. Bitcoin’s recent descent below the $78k level has affected the Cardano price trajectory.
CoinMarketCap’s data shows the Cardano price has declined by 24.2% on the biweekly timeframe. Nevertheless, the Cardano price is still trading above Mr Brownstone’s $0.50 critical support. So, the Cardano price might pump to $0.83, as the analyst predicted in March.
In a recent tweet, he argued the Cardano price could pump to $1.8 as long as the $0.50 holds. In the meantime, technical analysis indicates that investors’ sentiment about the ADA price trajectory is negative. The Fear and Greed Index flashes a fear signal, which means that FUD is high.
Shiba Inu (SHIB) Could Add a Zero If Downtrend Lingers
The Shiba Inu price is currently trading at a crucial level, per data from CoinMarketCap. The memecoin’s price has dropped in the last seven days due to high selling pressure. Currently, the Shiba Inu price is trading close to the $0.0000100 support level after plunging 10.1%. Losing this level could push the Shiba Inu price to $0.0000095.
On the flip, the Shiba Inu price could rise if buying pressure increases. SHIB KNIGHT forecasts the Shiba Inu price could pump to $0.0001 in the coming months. Other analysts, like Javon Marks, are also optimistic about the Shiba Inu price.
The Shiba Inu price prediction of Marks suggests that SHIB could pump by about 550% to $0.000081. He has been reiterating this Shiba Inu price target for months. However, the sentiment surrounding the Shiba Inu price is bearish. The RSI is below the midline, a sign of strong bearish momentum.
IntelMarkets (INTL): The AI Trading Platform Stealing the Spotlight
As the Cardano price battles to reclaim former highs, IntelMarkets (INTL) is steadily emerging as the real contender in the crypto market. IntelMarkets is still in the presale stage and has already attracted $12.1 million. Also, the value of the INTL token has increased by 900% and is currently valued at $0.091.
IntelMarkets has a tool called Intelli-M™. It is a new generation AI trading bot that can evaluate over 100k parameters, both current and historic data. These are not the normal bots that blindly operate trades but have the ability to evaluate and self-optimize in real time to help traders grab opportunities with minimum interference.
Another feature that sets IntelMarkets apart is its AI Agent Marketplace. Here, traders get to select specific AI agents for every strategy. For passive income seekers, IntelMarkets has a Quantum Level membership where users can earn USDT from trades executed through AI every month.
Why IntelMarkets is a Good Altcoin To Watch
With the help of advanced AI technologies, a strong community of users, and the potential for high growth, IntelMarkets has become the best crypto investment in the market. While the Cardano price is still looking for its footing, IntelMarkets is preparing for a 20x surge that could push it to the top 10 altcoins.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
