Cardano (ADA) To Hit New Price Peaks In October
Cardano (ADA) competes with Ethereum’s ETH and is used to store value, make payments, and stake within the Cardano ecosystem. The blockchain is uniquely structured in two layers to improve transaction speed significantly. With these features, the Cardano market has always been welcoming.
Despite this, Cardano (ADA) has been having difficulty rebounding since August, when the cryptocurrency dropped from its March high for the year. Investors in Cardano (ADA) may be encouraged because the price of ADA made its first higher lows for September.
Cardano (ADA) finally started to break free of its short-term resistance thanks to liquid staking. ADA has increased by 14% in the past week, and it appears that it will rise even further in October.
The massive increase in trading volume, which is up by 119%, shows increased investors’ interest in the Cardano (ADA) token. Keeping in view this surge, analysts predict new price peaks in October anticipating the $1 mark as a tangible target.
Fantom (FTM) Witnesses Massive Surge In Trading Volume
Going back to the top cryptocurrency gainers of today, Fantom (FTM) is stealing the show with its outstanding results. Within a day, the 24-hour trading volume of Fantom (FTM) has surged by 64%. The market is paying more attention as a result of traders’ attention being drawn to this high momentum.
Fantom (FTM) also exhibits high liquidity. Its 0.4224 volume-to-market cap ratio makes it simple for traders to buy and sell without experiencing significant price fluctuations. Because of its high liquidity, it is attractive to both long-term investors and short-term traders seeking seamless transactions.
When examining the short-term technicals of Fantom (FTM), the 14-day RSI is neutrally momentum at 61.03. However, assuming the market circumstances hold up, there’s still hope for a possible price rally. Furthermore, 60% of its days over the previous 30 days have been positive.
Long-term performance-wise, Fantom (FTM) is outperforming several assets by a large margin. It is currently in a strong and continuous upward trend, trading 73.22% above its 200-day SMA.
Its innovative approach, combined with its reliable network and strong use cases, continues to push it toward greater success, making the $1 target not a far-fetched dream but a close reality.
IntelMarkets (INTL): An AI-Revolution!
IntelMarkets (INTL) is the latest player at the intersection of AI and blockchain, aiming to reshape the $36 billion global crypto trading market. The crypto sensation continues to stir up much buzz in the investment town, already earning nods for the year’s best presale.
At $0.027364 in the third stage of the ICO, experts believe it is heavily discounted. The fundraising recently crossed $908,000, suggesting investor confidence and building a solid foundation ahead of its much-anticipated launch. With a 6,500% upswing projected after its debut, it steals the spotlight from Cardano (ADA) and Fantom (FTM).
It also captures market interest through its blend of AI, blockchain, and DeFi. The exchange protocol will integrate AI across all levels, becoming the first true modern-generation trading platform. Its trading robots, trained on over 100,000 data points, contribute to its attraction. Interestingly, these trading bots can perform rigorous technical calculations from multiple markets in seconds and self-learn from their mistakes and real-time trading data.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Source: https://nulltx.com/cardano-vs-fantom-which-altcoin-will-hit-1-first-the-best-altcoin-to-buy-might-surprise-you/