Key takeaways:
- Chainlink targets the monthly top of $12.6.
- Pepe approaches key resistance, with a breakout anticipated.
- IntelMarkets integration of AI into DeFi trading stirs market excitement.
Sentiment is beginning to shift toward optimism; a buying spree unfolds. Top crypto projects like Chainlink (LINK) and Pepe (PEPE) eye key resistance levels amid recent bounce. With the long-term outlook even more promising, these are altcoins to keep on the radar.
At the same time, a new player recently burst into the scene, preparing to reshape the crypto trading scene with AI: IntelMarkets (INTL). Its unique offering is an AI-powered smart trading platform, stirring market buzz.
IntelMarkets (INTL): Transforming crypto trading with AI
IntelMarkets (INTL), a new player on a mission to transform the wider crypto trading market, is at the heart of the market buzz. Navigating uncharted waters, it will offer the first commercial application of AI technology with a proprietary Layer-1 blockchain. It will also be the first modern trading platform to feature embedded trading robots in trading.
By integrating AI across all levels, it has been tipped to rise to the forefront of crypto trading. Its autopilot trading robots are designed to identify market opportunities and take positions depending on traders’ objectives while capable of self-learning. Another distinguishing feature is dual-chain functionality, compatible with the Ethereum and Solana blockchains.
On track to reshape the global crypto trading market, expected to reach $347 billion by 2030, the presale has been selling out fast. With over $250,000 raised in record time, confidence and optimism are unmatched, priced at $0.009 in the first stage of the ICO. As it prepares for price discovery, insiders believe it is a more compelling bet than Chainlink (LINK) and Pepe (PEPE).
Chainlink (LINK): Targets the monthly top $12.6
Chainlink (LINK), popular for its decentralized Oracle network, is a top-15 cryptocurrency by market cap. It plays a key role in the crypto space by providing a link between smart contracts and critical off-chain data.
Despite lingering bearish pressure, its ascent this week has been steady. The Chainlink price is up 3% on the weekly chart, trading above $10.5. On the daily timeframe, the bulls have been at work, forcing a 1.5% jump. With momentum on the rise, it is on track to flip the next key resistance.
According to a Chainlink price prediction, it will soar past its monthly top of $12.6 in the coming days. This will clear a path toward the March high of $21.7, with investors betting big. To make the most of the anticipated jump, now is a good time to expand your portfolio.
Pepe (PEPE): Eyes a break out
Pepe (PEPE), the frog-inspired cryptocurrency, is also on the upside. Its appeal revolves around a frog theme. Contributing to its attractions are its vibrant community and deflationary tokenomics. Since its launch in Q2 2023, it has outperformed most, if not all, memecoins.
While most meme tokens were tumbling, the Pepe coin registered an all-time high this year in May, outperforming the market. While there has been over 50% decline since then, its potential remains the same: bullish.
Following the recent market downturn, the Pepe coin price approaches key resistance. Top analysts predict a breakout before the month’s end, to be propelled by an overall market rally and rekindled interest in memes. Moreover, at its current price, it is among the most budget-friendly of the top memecoins.
Conclusion
The recent bounce in Chainlink (LINK) and Pepe (PEPE) prices pushes them closer to key resistance levels. With a breakout anticipated, these are altcoins to keep on the radar. Meanwhile, IntelMarkets, a new player, is gearing up to reshape crypto trading with AI. On the cusp of adoption, savvy investors have been massively participating in the presale.
Discover more about Intel Markets:
Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.
