The cryptocurrency market has seen some volatility over the past week. The prices of top altcoins like Binance Coin (BNB) have consolidated in a tight range. BNB could even fall below $600 if the bearish pressure persists.
On the other hand, Stellar (XLM) and Intel Markets (INTL) recorded huge gains. Experts say their prices could reach new highs in the coming weeks if the bulls maintain the uptrend.
Stellar (XLM) joins the top 20 cryptocurrencies
Stellar (XLM) has made a tremendous comeback over the past seven days. Its price rose from a weekly low of $0.1101 to a high of $0.2534, an increase of over 120%. According to CoinMarketCapthe market capitalization of Stellar coin also increased from $3 billion to $7.5 billion.
Thanks to this massive increase, the Stellar crypto is part of the top 20 cryptocurrencies. It has overtaken Litecoin and Aptos. Grumlin Mystery is bullish on Stellar price. The analyst has foreseen that the value of the XLM token could reach the $0.3 level in up to two weeks before climbing to $0.4.
On the other hand, Grumlin Mystery believes that the $0.19 support is a strong level in case of a downtrend. Mapping Guy forecast a price increase to $2.46 in the coming months.
Binance Coin (BNB) consolidated above $600
Binance Coin (BNB) has been trending upward in recent weeks, reaching a high of $658 on November 14. While many expected Binance Coin price to surpass the $700 level, the altcoin’s price remained in a tight range over the past week. .
Data from CoinMarketCap shows that the value of the Binance Coin crypto fell by 4.5% during the weekly period. The altcoin traded between $600 and $660 during this period. However, it sees little gains at the bi-weekly and monthly levels.
With the 14-day RSI above the midline, we could see gains in the coming weeks. Cryptopigmedia predicted a price hike to $960 for the Binance Coin token if it crosses the $700 mark. Another analyst predicts a price target of between $900 and $1,400 over the next 6 to 12 months.
IntelMarkets revolutionizes trading with the help of AI and blockchain
Intel Markets (INTL) has attracted the attention of investors with its innovative move to introduce AI and blockchain to the cryptocurrency trading market. The platform will also offer traders access to AI-based tools and fast trading in the perpetual trading market that covers over 100 billion dollars in daily transaction volume.
The platform has a flagship AI trading robot. These self-learning Intelli-M™ robots can adjust their performance based on market situations. These bots allow traders to set up their algorithms, set variables such as risk and leverage, and trade more efficiently without constant supervision.
IntelMarkets also has two dual-blockchain platforms, meaning users can trade on Ethereum or Solana. This feature allows traders to take advantage of Ethereum’s extensive DeFi system or Solana’s fast and cheap infrastructure.
Currently, IntelMarkets is trading at $0.054909. Its price has increased by more than 500%. Analysts predict a potential 5x price increase in the coming months. IntelMarkets is changing the crypto trading landscape by providing traders with advanced tools. As its cryptocurrency ICO continues, there is no doubt that IntelMarkets could become a leader in the cryptocurrency trading industry.
In conclusion
Binance Coin (BNB) must cross the $700 mark in the coming weeks to regain its bullish momentum. Meanwhile, Stellar (XLM) and IntelMarkets have wowed investors with their stellar performance. Analysts expect more gains from XLM and INTL in the coming days, making them the top altcoins to watch.
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