The crypto market has seen massive growth over the past few weeks. The total valuation of the cryptocurrency market has exceeded $3.5 trillion for the first time. Although the upsurge has subsided, analysts believe that another altcoin-led rally could begin soon.
Ali Martinez predicts that the value of Shiba Inu (SHIB) could reach $0.00049 if it mirrors the price action of Dogecoin. Additionally, a new DeFi coin called Intel Markets (INTL) has emerged with the potential to surpass Chainlink (LINK). Analysts predict that its price could increase by 1,100% in the coming months.
Ali Martinez Predicts $0.00049 Price Targets for Shiba Inu (SHIB)
Over the past 30 days, the price of Shiba Inu (SHIB) has consolidated between $0.00001700 and $0.0000300, according to CoinMarketCap. Memecoin has shown resilience despite bear pressure. The $0.0000225 region has become a major support region for the cryptocurrency.
In a recent tweet, Ali Charts told its followers that the Shiba Inu price chart is similar to that of Dogecoin. Based on its analysis, SHIB may witness a price rise up to $0.00049 in the coming weeks.
According to TradingView, the technical indicators of Shiba Inu coin are very bullish. Both the Hull Moving Average (9) and VWMA (10) are showing buy signals, meaning a potential uptrend could be on the way.
In the short term, Shiba Inu crypto faces resistance at $0.00002739, $0.00002890, and $0.00003012. Breaking through these levels could allow the meme coin to reach higher targets.
Chainlink (LINK) could climb to $38
Chainlink (LINK) is among the top DeFi coins that saw gains in the last week of November. The cryptocurrency has profits of 25.6% on the weekly chart and 59.9% on the monthly period, based on data from CoinMarketCap.
Chainlink coin added $4 over the past seven days, rising from $14 to $18. Looking ahead, experts say LINK could set a new all-time high before the end of this year. One of them is Raj.
The analyst predicts that Chainlink price could rally back to $38.00 or surpass its current all-time high of $52.88. Raj posted a chart showing the value of the Chainlink crypto reaching $22.82.
LINK’s Relative Strength Index has exceeded 70, which is a bullish sign. The VWMA (10) and Hull Moving Average (9) are showing buy signals. These technical indicators reveal that the bulls are in control of the market and increasing the chances of gains.
IntelMarkets (INTL) Raises Around $2.5 Million in Funding
Intel Markets (INTL) has consistently proven why it is among the best ICO projects over the past few months. IntelMarkets has already raised over $2.47 million, with the INTL token rising over 500% to a price of $0.054909. Experts are optimistic about the project and expect the token to reach $1 as soon as more people adopt it.
One of the benefits of IntelMarkets is the Intelli-M multi-channel analysis tool which processes over a hundred real-time channels containing technical data and producing accurate buy/sell signals. It is suitable for traders because it provides them with valuable information so that they can make the best decisions quickly.
For users interested in automation, IntelMarkets offers AI trading bots that can mirror any trading strategy or track a user’s risk appetite. These bots can also learn from past mistakes and improve with each transaction.
To ensure the security of user assets, IntelMarkets has implemented Route X21, a quantum readjustment plan that provides protection against possible future threats from quantum computing to blockchain systems. With its more efficient and improved tools and security, IntelMarkets could become the best DeFi project on the market.
In summary
Shiba Inu (SHIB) could be one of the next memecoins to participate in an explosive rally. Meanwhile, experts claim that IntelMarkets is one of the main competitors of Chainlink (LINK). They claim its connection to two billion dollar industries – the AI and crypto trading markets – gives it huge gains in the future.
Learn more about IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets