While a recent recovery observed in the Cardano price has shifted investor sentiment, IntelMarkets (INTL) is challenging this proof-of-stake giant with its skyrocketing presale demand among institutional investors. As of April 10, IntelMarkets has raised over $12.21 million in its presale stage 10, with speculations about rushing towards the next stage before time.
ADA Holders Excited: Cardano Price Repeats 2021 Pattern
The Cardano price is poised for a major breakout, with analysts projecting an optimistic $5 target within the current market cycle. These projections are based on chart formations on its market cap chart. According to top analyst Deezy_BTC, ADA has formed a new ‘head-and-shoulders’ pattern, which was last seen on ADA’s 2021 bull cycle rally.
At that time, Cardano’s market cap dominance chart displayed a perfect head-and-shoulders structure. This indicator typically shows a reversal or continuation pattern, depending on the context. If dominance surges post-pattern, that will put ADA in bullish territory compared to the rest of the market.
Given the performance analysis, Deezy_BTC has highlighted how the distance between the ‘neckline’ and the ‘head’ shows a reliable breakout. Earlier, this key pattern unfolded exactly as predicted, shooting off ADA to new highs. If a similar sentiment reoccurs this cycle, Cardano (ADA) holders would be in for a full house.
Cardano Price Hints Breakout: Forms Head-and-Shoulders Pattern
Experts have now identified a similar pattern and speculated on a dominance level of roughly 3.5% of the total crypto market cap. This dominance can be obtained by dividing Cardano’s market cap by the total crypto market cap. If ADA reaches 3.5% dominance at that level, its total crypto market cap would likely surge to $5 trillion by the next market cycle.
In terms of its performance metrics, the Cardano price is trading at $0.61 today, with a notable 9.6% surge in the last 24 hours. Currently, ADA has a $21.82 billion market cap with a 24-hour trading volume of $1.36 billion. Unlike the Cardano price, the ADA trading volume has faced a 9.31% correction, which indicates a slowed network activity amid the shifting market dynamics.
IntelMarkets (INTL) to Trade 400% Higher: Leading AI Expert Claims
IntelMarkets (INTL) is getting bullish predictions from crypto enthusiasts as its presale frenzy outshines some of the major crypto networks. According to a recent analysis conducted by a senior analyst, IntelMarkets (INTL) could hit a 400% higher trade in a matter of 90 days. These positive indicators rank IntelMarkets as the next leading AI coin in the crypto market.
This modern-generation platform is being closely monitored by AI enthusiasts for its cutting-edge L1 blockchain technology. Having IntelMarkets on your side is like having a team of expert traders and data scientists working day in and day out to optimize your portfolio. The platform’s AI agents are designed for investment styles, risk tolerances, and asset classes.
Proof-of-Stake vs AI Powerhouse: Which Side Are You On?
While the crypto giant shows signs of recovery, with the Cardano price moving toward the green zone, IntelMarkets (INTL) pulls investors with its ready-to-use agents, rigorously tested and optimized for performance. The raging rivalry between ADA and INTL is pushing investors to decide whether to stick to the fluctuating Cardano price or invest in this viral AI coin.
With the luxury of copying the trades of IntelMarkets’ expert in-house trading team, investors can benefit from traders who come with a track record of multiple 5x-15x over the bear market. Trading with IntelMarkets is like making more money while learning from the best of the best. Explore IntelMarkets’ fast-selling presale today as it rushes towards completion soon.
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