The Solana price is showing signs of distress, struggling to break past the $150 resistance while on-chain activity continues to decline. Technical indicators point to a potential 12% drop, raising fears of a deeper correction for SOL. However, amidst this uncertainty, IntelMarkets (INTL) is proving to be a beacon of hope for investors.
With its AI-powered trading platform, cutting-edge security, and 400% projected gains, INTL has already raised over $12M in its presale. As SOL battles bearish momentum, could IntelMarkets be the ultimate portfolio hedge? Continue reading this article to find out about it.
Solana’s Price Struggles: Will SOL Survive the Crash?
Solana‘s native cryptocurrency, SOL, is now seeing ongoing resistance at $140. The Solana price fell sharply by 8% after briefly topping $147 on March 25. This pattern has been ongoing for three weeks. The rejection coincides with the Solana network’s diminishing on-chain activity.
Many traders are asking if the bull market, which was powered by memecoin speculation and the artificial intelligence industry, has ended. Some market experts feel that SOL may yet gain from future developments. These include a possible spot ETF approval in the United States. Another potential trigger is the increase in tokenized real-world assets on the SOL network.
The memecoin surge drew millions of new users to Web3 wallets and decentralized services. However, once the memecoin euphoria waned, on-chain volumes plummeted. This fall has raised concerns among investors about the Solana price’s ability to rebound above $140.
A technical analysis of the Solana price reveals that SOL has created a bearish falling wedge formation. This trend is consistent with what Bitcoin is now exhibiting. At press time, SOL was trading at $122.5, representing a 5.6% loss in the previous 24 hours. The Solana price decline has pushed SOL to the neckline of a bearish head and shoulders pattern.
Technical experts believe that if SOL closes a four-hour candle below $136, the Solana price might fall by 12% and approach $112 in the following days.
IntelMarkets (INTL): The AI-Powered Trading Revolution Investors Need
As SOL is on the verge of a risky crash, there’s another coin that is defying the broader bearish market and is ready to shine further with over 400% big gains. It’s none other than IntelMarkets (INTL), which has been recently showing a promising growth trajectory, owing to its features.
IntelMarkets (INTL) is an upcoming AI-based project that is bringing the crypto world its first smart-gen trading platform, which is entirely AI-powered. This novel concept and the cutting-edge features of IntelMarkets have gotten the entire crypto town anticipating its launch.
A few of its leading features include a dual-chain trading platform that lets users trade conveniently either on the Solana or Ethereum network as per their strategy. Furthermore, it lets users have a broader market exposure by offering a 1000x leverage margin.
Another leading feature is its multichannel analysis, which knows how to analyze multiple asset markets in a few seconds. Their Rodeum AI trading robots take the game to the next level as they analyze data from 1000 different sources for over 10,000 assets simultaneously.
On top of these amazing features, IntelMarkets (INTL) is also offering robust security via its Route X21 development, which aims to employ quantum-proof security on the platform. This will be a true game-changer as it will be the first milestone in bringing quantum-proof security to everyday trading platforms.
INTL’s Presale: A $12M Sensation With 400% Growth Potential
IntelMarkets (INTL) recently jumped to its presale stage 10, with its price rising to $0.09. It is yielding big gains for its early investors even before its official launch. Its official launch is anticipated to be grand, seeing a massive ROI of 400%. This is in consideration of the fact that INTL’s listing price is set to be $0.42.
The presale has already proven to be a superstar in the ICO space, raising over $12M, reflecting massive hype surrounding the project. The presale offers a perfect opportunity to investors who are on the lookout to save their portfolios in the ongoing volatile crypto market.
Discover More About Intel Markets:
Presale: https://intelmarkets.io
Buy Presale: https://intelmarkets.io
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
