The crypto market could see more gains in the coming weeks if Bitcoin regains its momentum. If this happens, Litecoin (LTC) may rally to $115. As Litecoin consolidates, Uniswap (UNI) investors are focusing on IntelMarkets (INTL) as the DeFi project of the future.
Being a decentralized trading platform with AI integration, analysts say IntelMarkets could take over the DeFi market. Analysts have forecasted a 1,100% surge in the future.
Litecoin (LTC) Could Pump To $110 If Bitcoin Rises
Litecoin (LTC) has been trading between $83.31 and $103.77 in the last seven days. The cryptocurrency is consolidating above the 50-SMA ($74.40), which is a very bullish sign.
According to data from CoinMarketCap, the value of the Litecoin token has soared by 9.0% in the weekly timeframe. There are also gains of 22.9% on the biweekly level and 30.8% on the monthly chart.
CRYPTOWZRD told his followers the Litecoin price is trading close to a major resistance at $94. A breakout could push the value of the altcoin to $110 in the coming days as long as it remains above the support at $80.
However, CRYPTOWZRD notes that Bitcoin’s overall sentiment could affect the price movement of the Litecoin crypto. The Stoch RSI (14) is currently showing a buy signal, which is a sign that bulls are in control. So, investors should watch out for the $94 resistance.
Uniswap (UNI) Needs To Close Above $12 To Spark Uptrend
Over the last few days, the Uniswap coin has been consolidating between $10 and $12. The DeFi token has failed to breach the resistance around the upper level, leaving investors tired.
Meanwhile, Uniswap (UNI) has double-digit gains on the price charts. In the 7-day timeframe, the cryptocurrency is up 22.3%. in the 14 day timeframe, it has a profit of 25.6%.
Amdtrades notes that the Uniswap crypto needs a weekly close above $12 to trigger an upsurge. If this happens, potential price targets are $17.526 and $23.529. The cryptocurrency could reach $29.372 in the long run if the uptrend continues.
The sentiment around UNI is optimistic at the moment. The 14-day RSI is in the overbought region, which means there are more buyers in the market. Thus, the Uniswap price may climb higher in the coming days.
IntelMarkets (INTL) Presale Gains Momentum, Targets $5M Funding
IntelMarkets (INTL) tokens are on presale with a price of $0.054909, following a price increase of more than 500%. The platform has managed to collect more than $2.4 million in funding and is aiming for $5 million. This large interest from investors is due to the new solutions that IntelMarkets presents, which makes it different from other crypto exchanges.
A unique selling point of IntelMarkets is its use of AI trading bots. These bots employ artificial intelligence to determine the best trading approaches depending on current market trends. They can even conform to an individual’s risk profile and can modify the strategies based on the results.
As a result, this automation takes out the emotional part of trading and makes it easier for traders to hold on to their plans when making decisions on trades.
Another feature of IntelMarkets is an Omnichannel Processing System which helps to optimize trading activities and unify several sources of market information. It also allows traders to see the conditions of the markets so they can make better decisions.
Final Words
While Litecoin (LTC) is waiting for Bitcoin to start another rally, IntelMarkets has become the best crypto investment in the market. INTL has already given holders up to 500% returns on their investments. Experts say more price gains are on the way.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Source: https://cryptodaily.co.uk/2024/11/litecoin-eyes-potential-uptrend-as-uniswap-investors-show-interest-in-new-defi-coin