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Top Cryptos to Buy Now By Analysts: Cardano, Shiba Inu, Intel Markets

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Release: 2024-08-23 21:02:10
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Analysts recommend Cardano, Shiba Inu, and Intel Markets as the top cryptos to buy now for potential growth.

Top Cryptos to Buy Now By Analysts: Cardano, Shiba Inu, Intel Markets

Top Cryptos to Buy Now By Analysts: Cardano, Shiba Inu, Intel Markets

Top cryptocurrencies to buy now, according to analysts, include Cardano (ADA), Shiba Inu (SHIB), and Intel Markets (INTL). These digital assets are expected to perform well in the coming weeks or months, offering traders an opportunity to capitalize on their price movements.

Cardano Price Movement Disappoints Raoul Pal

Top crypto personalities, while discussing price movements in a recent podcast, expressed disappointment with the price movement of Cardano (ADA) and likened those holding the coin to members of a secret cult. He suggested that their stubbornness might cause them to miss out when the bull market comes.

Meanwhile, Cardano's price performance has been poor in recent months. While other coins reached new highs this year, the Cardano price remained below the $1 mark throughout. Its market capitalization also fluctuated between $10 billion and $16 billion.

At the time of writing, the Stoch RSI (14) for Cardano is indicating a sell action. However, analysts are still anticipating a rebound. Even Coincodex's Cardano price prediction indicates a potential increase to $0.429928.

Shiba Eternity Closed Beta Testing Now Live

Shiba Inu's marketing lead, Lucie, recently posted on X, targeting LEASH stakers. The lead noted that closed beta testing for the Shiba Eternity game has gone live on the Shibarium network. Lucie also highlighted new advancements in the game, including NFT-based inventory cards, elite tournaments, and enhanced rewards.

While this latest development is positive news, the Shiba Inu coin's performance on the weekly chart is showing a price increase. This positive price movement comes after the memecoin spent an extended period in the red zone.

Despite the uptick, the Shiba Inu price is still below the 50-Day SMA ($0.00001589). The token needs to cross this level to continue its upward movement in the coming weeks. If this occurs, the Shiba Inu coin could encounter resistance at the 200-Day SMA ($0.00002036).

Intel Markets Attracting Investors in Droves

Intel Markets (INTL), an upcoming trading platform, is presenting its users with a chance to capitalize on the dynamic nature of the cryptocurrency market, which is valued at over $2 trillion. The platform offers a range of diverse trading opportunities and provides investors with access to restricted trades, which typically have high potential and have brought huge profits to many traders.

In addition to this, Intel Markets has an AI trading bot that traders can use to analyze market trends, make hypotheses about possible price movements, and automate trades. Other notable features include 1000x leverage, risk management tools, advanced charting software, copy trading, and customizable trading indicators, which will assist traders in making informed decisions while navigating the market.

Currently, INTL is in the early stage of its presale, and the price of the Intel Markets coin is $0.009. Market experts are anticipating that the value will increase to $0.018182 by stage 2. At launch, INTL is expected to trade as high as $0.11.

Best Crypto to Buy Now: Cardano, Shiba Inu, or Intel Markets?

Cardano and Shiba Inu are among the top cryptocurrencies that analysts have picked for potential gains soon, but Intel Markets seems poised to outshine the others. With its revolutionary platform, Intel Markets is expected to attract a massive number of users, which will benefit the INTL coin.

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