Cardano Price Breaks
Out of Critical
Range; Repeat
of 2021 Gains? Technicals
ShowNEAR Rally More Likely
Cardano Price Breaks Out of Critical Range; Repeat of 2021 Gains? Technicals
Show NEAR Rally More Likely
by Bitcoinist
3 mins ago
in Altcoin News
0
Cardano (ADA) broke past the $0.40 resistance level, showing strong bullish
momentum. However, many are wondering if it can reclaim its 2021 heights. One
technical outlook seems to favor NEAR Protocol to rally alongside one new
altcoin.
Cardano: Is a 2021-Like Rally Possible?
Cardano (ADA) has been one of the most reliable coins in the market, mainly
due to its focus on scalability and dApps development. 2021 saw ADA’s price
rise more than $3.00, which increased adoption and DeFi expansion on its
operating chain.
Nonetheless, ADA has faced some difficulties over the past year. But with
America getting a new president, the crypto market• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта experienced a big boom.
Monthly Cardano Chart | CoinMarketCap
Cardano blew past the $0.6 resistance level, currently changing hands above
$0.62. Such upward movement may indicate that ADA is preparing for another run
towards clearing the 2021 highs, but the way to reach these levels remains
unclear, particularly given growing macroeconomic headwinds and new market
conditions. This has prompted investors to look for alternatives, and they
have found one positive technical indicator in Near Protocol.
NEAR Protocol: A Rising Star with Bullish Technical Indicators
NEAR Protocol is the home of a developers’ oriented ecosystem that has
experienced significant growth recently. NEAR has recorded a steady upward
trend in the recent week, crossing major barriers and gaining investors’
attention.
Weekly Near Protocol Chart | CoinMarketCap
Increasing over 30% in the last 7 days, Near Protocol is pushing to the $5
resistance level. Looking at the charts, NEAR is showing bullish signs, and
some experts give it the edge over Cardano.
Recently, news broke that Near Protocol is partnering with Modern Lion and
Hyundai Card.
Source: prnewswire
As Modern Lion is set to launch Ticketing services and KONKRIT using the Near
Protocol, the collaboration with Korean markets has reflected positively on
the price of NEAR.
IntelMarkets (INTL): Capturing Investor Interest Amid Cardano and NEAR Trends
IntelMarkets (INTL) is a project on the rise with a different agenda. Applying
AI and blockchain• Информационные технологии » Информационно-коммуникационные технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн
• Высокие технологии » Информационные технологии и телекоммуникации » Базы данных » Публичная база транзакций » Блокчейн to the $36 billion crypto trading arena , IntelMarkets’
platform has set its sights on giving retail traders the competitive edges
they need to succeed.
By incorporating self-learning trading robots and high-speed transactions,
IntelMarkets targets investors in the crypto space who would like to be
involved in the latest technology. This innovative trading application
promises to revolutionize the way that users trade cryptocurrency• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта individuals
who may have little to no knowledge on how to do it on their own.
Having raised more than $2,000,000 from early investors, it has caught the eye
of many top traders. Now in its presale, INTL tokens are currently priced at
$0.045, making it an affordable entry for those investors who like to catch a
project early, before it is too late.
According to analysts, IntelMarkets has the potential of 2021 Cardano-like
gains, with some projections placing it to increase 12-15x times.
Conclusion: The Next Cardano
As the broader market shows bullish tendencies, NEAR Protocol is showing
stronger potential than Cardano. But if you are looking for the next Cardano,
more and more investors are turning to IntelMarkets . With potential 15x on
your investment, the INTL presale is the next big thing in crypto.
Read More to Learn about IntelMarkets:
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