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Breaking News: Raydium DEX's AMM Program Exploited For $1.34 Million — Here's What Went Wrong

Standard Chartered Forecasts New ATH for Solana, Ripple Aims for $2, But IntelMarkets Attracts Investors With 20% Bonus

NewsBTC
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Last Updated: November 15, 2024 11:30 pm
3 mins read

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Bitcoin has been on an uptrend in the past few weeks. The cryptocurrency just crossed the $88k mark, causing an altcoin rally. Standard Chartered Bank is predicting a new all-time high for Solana (SOL) as a major rally may be on the horizon.

Also, an analyst says Ripple (XRP) could reach the $2 mark, attracting investors who are in search of high returns. Meanwhile, IntelMarkets (INTL) has started a 20% bonus offer, and many new people have joined the offer.

Solana (SOL) Could Reach New Peak in 2024

Geoff Kendric, the Head of Forex and Digital Assets Research at Standard Chartered has forecasted the value of Solana (SOL) could pump to a new all-time high before the end of the year. The analyst gave the prediction in an email shared by TheBlock where he also said the price of Bitcoin could pump to $125k.

The current all-time high of the Solana crypto is at $260. Surpassing this level could mean the price of SOL could extend its gains to $300. Dev Quant forecasts a potential rally to $400.

Currently, the value of the Solana coin has crossed the $220 mark for the first time in months. The cryptocurrency has been on an uptrend in the past week, gaining over 38.0%, according to CoinMarketCap.

The Solana price has also risen 23.8% on the biweekly chart and 48.8% on the monthly level. The cryptocurrency’s 14-day RSI is at the 76 mark and is in the overbought zone, a sign of high buying activity.

Ripple (XRP) Could Reach $2 By Year End, Says Mikybull Crypto

Ripple (XRP) has been on an uptrend since November 4. The cryptocurrency pumped from a low of $0.5 to a peak of $0.61, according to CoinMarketCap’s data. Despite underperforming other top crypto coins, analysts believe a major XRP rally could happen soon.

Cassh0rt posted a chart on X, which showed the price of the Ripple coin rallying to $0.95. Mikybull Crypto told his followers a message surge is on the way.

According to Mikybull, the price of XRP could get to $2 before the end of the year. Currently, the Ripple price is trading above the 50-SMA ($0.547401). Its RSI is in the overbought zone, which is a bullish signal.

Meanwhile, Ripple CEO Brad Garlinghouse is optimistic about the future of cryptocurrency. The CEO said the emergence of Trump could put an end to the ongoing Ripple-SEC crisis. If this happens, the value of the Ripple crypto could reach a new peak soon.

IntelMarkets’ (INTL) Bonus Offer Attracts Investors

IntelMarkets (INTL) is attracting a lot of focus in the crypto space after its presale. The platform has introduced a 20% bonus for those who make deposits using the “INTL20.” Interestingly, INTL has been a top-performer, skyrocketing by 400% to $0.045727. IntelMarkets has certain features that make it beneficial in the market.

There is a futures trading 24/7 supported by artificial intelligence to bring the highest profit. The tools provided in the platform help traders reach the best results using analytics information. The AI bots oversee portfolio tracking and trading in real-time and, in the process, provide a lot of flexibility.

These bots can be personalized to individual traders’ goals, funds management, and risk tolerance to suit every trader and market conditions. Such flexibility makes IntelMarkets stand out as a top DeFi project for trading. As a dual-chain platform, IntelMarkets uses both Ethereum and Solana blockchain systems.

Further enhancing its appeal, IntelMarkets includes tools like real-time market data, advanced charting software, and high leverage of up to 1000:1 so that the trader can make profits even when the market is slightly fluctuating.

Conclusion

As Solana (SOL) chases new all-time highs, Ripple (XRP) looks to continue its ascent. Meanwhile, IntelMarkets is building a platform where investors can trade many assets using advanced tools. It is one of the best DeFi projects to look out for, as it could transform the $36.5 billion crypto trading market.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
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The highest standards in reporting and publishing
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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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