Dan Gambardello Bullish on Cardano (ADA); New Altcoin IntelMarkets (INTL) Set To Mirror Toncoin (TON) Growth
Dan Gambardello, a prominent figure in the cryptocurrency arena, has expressed strong optimism about Cardano (ADA), predicting a significant price surge based on its technical indicators. This forecast comes amidst Alchemy Pay’s recent integration of crypto payment options into Telegram via the Toncoin network, showcasing the evolving landscape of digital finance.
In a notable development, IntelMarkets is ambitiously aiming to amass $1 million in funds. Impressively, the project has already secured over $250,000 just two weeks into its presale phase, sparking significant investor interest.
In a recent tweet, analyst Dan Gambardello emphasized that Cardano (ADA) is on the cusp of a major rally. He highlighted the ADA/BTC chart, pointing out that Cardano’s price against Bitcoin had previously plummeted by 92% before the last bull run. Currently, Cardano has dropped by 90%, suggesting a potential bottoming out. Gambardello notes that if the market turns bullish, ADA could experience a substantial price spike as all indicators favor this asset.
However, Gambardello also highlighted that Cardano’s price is currently trading near its 20-day moving average at $0.35, with the 50-day moving average close behind at $0.57. Breaking above these averages could propel Cardano to much higher prices. At present, Cardano’s market cap fluctuates between $11 billion and $14.5 billion.
Meanwhile, Alchemy Pay has rolled out its crypto payment solutions on Telegram via The Open network. This integration enables Telegram users to conduct crypto transactions directly within the app. This partnership aligns with Alchemy Pay’s vision of bridging traditional finance with the burgeoning crypto markets.
On the other hand, Toncoin (TON) has faced setbacks, with its price showing losses on both weekly and monthly charts. Despite this, Toncoin’s market cap remains between $11 billion and $18 billion over the monthly timeframe. Bulls are striving to surpass the 200-day simple moving average (SMA) at $5.56, which could pave the way for reaching the $6 level in the coming weeks.
Enter IntelMarkets (INTL), a new-generation crypto trading platform poised to revolutionize the global crypto market. Equipped with an AI-driven trading tool, IntelMarkets allows users to trade various assets such as Toncoin (TON) and Cardano (ADA). The platform boasts features like fast transactions, low fees, and high liquidity due to its dual-chain structure, allowing traders to choose between Solana and Ethereum blockchains.
IntelMarkets also offers modern trading tools, including advanced charting applications, up to 1000x leverage, and real-time market data. Its real-time processing capabilities enhance trading performance by normalizing technical indicators, providing traders with clear signals.
While Toncoin (TON) and Cardano (ADA) are already established projects with billion-dollar market caps, their high valuations limit their potential price growth. In contrast, IntelMarkets, with its relatively low market cap, has substantial growth potential. Analysts predict that IntelMarkets’ price could increase tenfold in the coming months.
Discover More About IntelMarkets:
Disclosure: This is a sponsored press release. Please conduct thorough research before purchasing any cryptocurrency or investing in any projects. Read the full disclosure here.