Avalanche (AVAX) is currently nearing the red zone, with its upcoming sessions signaling a bearish trend. Meanwhile, the Cardano price shows signs of recovery as ADA holders regain confidence amid the broader market sentiment shift. Leading the pack, IntelMarkets (INTL) is at an all-time high, attracting high-profile investors with its fast-growing network.
Analyst Claims New Highs For Cardano Price Soon
The Cardano price has kicked off the second week of April under heavy scrutiny as it circles back to levels seen over four years ago. ADA opened the week trading above $0.65, but experienced a sharp decline shortly after, touching a low of just under $0.52 on April 7. A slight rebound in the Cardano price followed on April 8 and briefly pushed it to around $0.61.
However, the recovery proved to be weak and unsustainable. By April 9, the Cardano price had settled near $0.56, with a 24-hour drop of 2.6%, a 7-day decrease of 15.4%, and a 14-day slump totaling 25.9%. As the market absorbed the latest Cardano price pullback, analyst Jesse Olson shared a chart on ‘X’ to outline ADA’s long-term stagnation.
His analysis revealed that ADA returned to February 2021 price levels, exactly 1,519 days later. During this time, the Cardano price saw major surges and sharp corrections. Notably, despite a brief rally in late 2023, ADA has yet to set a new all-time high in the current market cycle. Olson’s visual narrative highlighted that ADA’s current price mirrors the 2021 valuation.
Avalanche (AVAX) Down By 4%: More Crash Inbound?
Avalanche (AVAX) has lost 4.47% in the last 24 hours following its brief drop below $15 on Monday. This development occurred after the crypto market experienced a slight relief from the weekend correction. Despite the rebound, it appears that the coast is not yet clear for Avalanche (AVAX), with key resistance levels likely stopping the increase.
In this analysis, experts explained why sustaining recent gains in Avalanche (AVAX) could be difficult. One metric that raises concerns about the Avalanche (AVAX) price holding its upward momentum is the ‘Bulls and Bears’ indicator. This metric tracks the number of addresses responsible for at least 1% of the total volume, outlining major buy and sell activity.
Typically, when bulls outnumber bears, it signals strong buying pressure. However, data from IntoTheBlock shows that bearish addresses are currently dominant. As a result, the selling pressure could stop Avalanche (AVAX) from showing an extended rally in the short term. Besides that, the In/Out of Money Around Price (IOMAP) indicator also aligns with the outlook.
IntelMarkets’ Viral ICO Token Competes Against ADA & AVAX
IntelMarkets (INTL) has disrupted the trillion-dollar crypto market as the viral ICO token that has outperformed Cardano (ADA) and Avalanche (AVAX) with its mind-blowing presale collection. With its cutting-edge layer-1 blockchain, IntelMarkets has turned heads and attracted the investor community to its state-of-the-art dual-chain platform.
The platform has raised eyebrows with its jaw-dropping numbers on the presale chart that portray IntelMarkets as a strong contender in the crypto market. On the other hand, the prolonged selling pressure in Cardano (ADA) and Avalanche (AVAX) is also pushing away investors to explore new avenues for growth and investment recovery.
Senior Analyst Lists IntelMarkets Among The Best Altcoins In 2025
With its fast-growing spotlight making wonders in the crypto market, IntelMarkets (INTL) has been in the spotlight against Cardano (ADA) and Avalanche (AVAX) for quite a while now. Observing this growing optimism for IntelMarkets, a senior analyst listed INTL among the best altcoins to watch in 2025.
While its insane AI technology is already gaining traction for revolutionizing crypto trading with mind-boggling tools and product suites, the growing demand among institutional investors is also positioned to skyrocket IntelMarkets to new highs. Are you surfing the web for the best-selling ICO this cycle? Make sure to check out IntelMarkets as it nears completion.
Discover More About IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Disclaimer: This is a sponsored press release 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/2025/04/best-altcoin-in-2025-can-this-viral-ico-token-compete-against-cardano-avalanche-in-april