Avalanche (AVAX) has become a hot topic among crypto enthusiasts as speculation mounts about its possible rise above $40. Meanwhile, Shiba Inu (SHIB) traders, usually fans of meme tokens, are shifting their focus and injecting huge amounts of cash into other blockchain projects.
One project catching their eye is IntelMarkets, an advanced AI trading platform. With its dual-chain integration, effortless market access, and trading bots proven effective for thousands of users, IntelMarkets is changing everything in the sphere of blockchain and AI.
Avalanche Price Forecast and Its Road to $40
Avalanche (AVAX) is stable at the moment after facing resistance at $37.76, which is its all-time high for November. The token has a market cap of $14 billion and $748 million in daily trading volume. Many experts believe that this is just the beginning with forecasts as high as $40 in the short term going up towards $200 in the long run.
In the meantime, Avalanche (AVAX) has made strategic moves to bolster its ecosystem. The network recently repurchased $53 million worth of AVAX tokens from the Luna Foundation Guard. These funds will go toward grants, community projects, and DeFi initiatives, all of which will promote growth and enhance the platform.
On the technical side, the charts paint a promising picture. A golden cross has formed on the Avalanche (AVAX) charts, which is the crossing of the 50-day and 200-day EMAs. Additionally, the price action shows the presence of an inverted head and shoulders pattern that is likely to lead to an upward price movement.
If the level at $37.76 is broken, price targets above may be attained, with $40 being the next target, followed by $50. As an illustration, an extension below $30 will invalidate these predictions.
Why Shiba Inu (SHIB) Traders Are Exploring New Investments
Shiba Inu (SHIB) is currently hanging on to a very important support zone that extends between $0.000024 and $0.000025. On-chain data shows this range involves 55 trillion tokens and 40,000–56,000 addresses, which forms a safety net for its price. Traders see this cluster as a balance point for stability and potential growth.
Recently, Shiba Inu (SHIB) has ramped up token burns, thus significantly reducing the supply in the market. Over 410 trillion tokens have been destroyed this year, with 16.1 million burned in the last week alone. These efforts, backed by the community, aim to create scarcity. In November, a sharp rise in token burns pushed SHIB’s price to $0.00002753, its highest in months.
Technically, the support zone coincides with SHIB’s 50-day exponential moving average. Analysts argue that crossing the $0.000026 barrier could trigger further growth and predict an increase of 80%. On the other hand, a clear breach below the support level of $.000024 spells steep declines in prices.
As Shiba Inu (SHIB) consolidates, traders are exploring other projects that pair utility with growth potential. This change indicates that the appetite for assets with only speculative worth is diminishing.
IntelMarkets and the Future of AI Blockchain Integration
IntelMarkets is redefining how traders approach the blockchain world. Its AI-driven bots sift through over 350,000 real-time data points to ease complex trading strategies and deliver precise results. Traders can define the goals of profitability, limits of risks, and preferred asset classes and leave heavy work to the bots. This level of automation has already proven effective for over 1,200 users showing what’s possible when technology takes the reins.
IntelMarkets (INTL)’s primary focus is accessibility. Based on information from more than 10,000 data sources, the platform provides a clear view of trading opportunities. With its Intell-M, users can plan trades confidently. Apart from individual usage, the platform promotes development in the blockchain industry as well. Through initiatives like the $500,000 Rodeum AI development fund, IntelMarkets supports the growth of dApps and projects that enhance its ecosystem.
Moreover, with the increasing number of quantum computers, IntelMarkets is developing a DigiFort wallet in readiness for the inevitable. Complementing this is the Route X21 initiative, which tackles potential blockchain vulnerabilities with advanced cryptographic techniques. The presale of the project has attracted a lot of interest, and it has raised over $2.4 million. Currently, in Stage 6, tokens are priced at $0.05, with the next round set at $0.06.
Notably, Shiba Inu (SHIB) traders invested $500,000 into IntelMarkets marking a shift toward platforms offering advanced tools and real utility. For traders seeking to move beyond speculative investments, IntelMarkets provides a smarter, more efficient trading experience.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Buy Presale: https://buy.intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
