The crypto market is on the rise, with sentiment turning bullish. Bitcoin (BTC) crossed $75,000 earlier this week, creating a new peak. Altcoins are also gaining significant traction, with Chainlink (LINK) tipped to explode if a key resistance level is cleared.
At the same time, Toncoin (TON) approaches a breakout above $5, keeping it on investors’ radars. However, IntelMarkets (INTL), a new AI altcoin, steals the spotlight with its significant presale growth. Nearing an explosive debut according to forecasts, it is a new DeFi project to watch out for.
IntelMarkets (INTL): AI Narrative Drives Massive Demand
IntelMarkets (INTL) is in the spotlight for its bullish AI narrative and the remarkable role it will play in the crypto trading scene. Its AI-powered trading platform has been hailed as a trailblazer, aiming to transform the $36 billion global crypto trading market.
It will be the first modern platform to feature embedded trading robots trained on over 100,000 data points. Equally remarkable is its AI-based blockchain, taking a different approach from conventional protocols. Moreover, the Intelli-M trading system can perform rigorous technical calculations from multiple markets in seconds, allowing traders to maximize opportunities across asset classes.
Meanwhile, the presale is in the fifth stage, presenting one of the best entries. It costs only $0.045 per token, with over $1.9 million raised in early funding. Tipped for a 7,500% gain after listing on Tier-1 exchanges, it is a more compelling alternative than top crypto coins like Chainlink (LINK) and Toncoin (TON).
Chainlink (LINK): Eyes a Rally Above $18
Chainlink (LINK) plays a key role in the crypto scene as a blockchain abstraction layer that enables universally connected smart contracts. Its decentralized Oracle network allows blockchains to interact securely with external data feeds. In addition to its solid fundamentals, recent price actions have been bullish.
The Chainlink price soared over 5% on the daily chart, retailing above $12. It jumped over 10% in the past 30 days, gearing up for a breakout. LINK crossing the $14.9 resistance will likely push it above $18.8, making it one of the altcoins to watch.
Moreover, a crypto investor and analyst predict a Chainlink (LINK) rally to over $250 as trillions of dollars flow on-chain. Technical indicators like TradingView’s exponential moving average (10) and the simple moving average (10), at 11.456 and 11.437, respectively, are also bullish signals.
Toncoin (TON) Approaches $5
The past few weeks have been challenging for the Layer-1 token Toncoin (TON). It was flipped by Cardano (ADA) earlier this week, dropping from the top 10 cryptocurrencies. However, it regains traction, nearing a breakout above $5.
Despite being on the downside on the weekly chart, it gathers momentum on the daily timeframe: a 3% uptick. The Toncoin price hovers above $4.8, set to skyrocket in the coming days.
Meanwhile, an analyst predicts Toncoin’s correction might end soon, with another bullish wave around the corner. The target zones are $12 to $15. The 40% decline from its all-time high of $8.24 might be a huge discount, making it one of the best cryptos to invest in. Moreover, the Hull moving average (9) is at 4.71, a buy signal.
Chainlink (LINK) and Toncoin (TON) Breakout and Why IntelMarkets (INTL) Should be Kept on the Radar
Chainlink (LINK) eyes a breakout above $14.9, the same as Toncoin (TON) with $5. Meanwhile, IntelMarkets (INTL), an AI-driven protocol, is poised to transform the crypto trading landscape. This makes it one of the new DeFi projects to watch out for.
