Ethereum Forms Bullish Pattern While This Viral AI Token Under Spotlight For 9,500% ROI
The recovering market conditions have elevated the chances of the Ethereum price scoring better gains in the upcoming sessions as ETH holders show renewed confidence with their buying trends. On the flip side, IntelMarkets’ AI token is becoming the talk of the town with its mind-blowing presale performance and speculations about a potential 9,500% ROI.
Ethereum Price Attracts ETH Holders With 8% Weekly Gains
The Ethereum price has shown strong performance following Bitcoin’s recent weekend rally, with ETH reaching a peak of $2,104 today. The Ethereum price has since pulled back slightly. The altcoin is currently trading around $2,044. This represents a 3% decline from its recent peak. The short-term movement aligns with predictions from crypto analysts.
ETH has maintained its position above the important $2,000 psychological level lately. This level has proven to support the second-largest crypto by market cap. Crypto analyst MAXPAIN has outlined a potential buying opportunity for ETH. Using Time Price Opportunity (TPO) chart analysis, the analyst suggests ETH could retrace nearly 9% from its recent peak.
This would bring the Ethereum price to around $1,900. MAXPAIN identifies this zone as a potential accumulation opportunity for patient investors. The analyst remains bullish on ETH’s long-term prospects. After the potential retracement, MAXPAIN predicts the Ethereum price could surge to $3,000 or higher.
ETH Key Liquidity Levels & Technical Indicators
The CoinGlass Liquidity Heatmap reveals important Ethereum price zones for ETH holders. Between $2,135 and $2,106, approximately $450 million worth of short positions could face liquidation. A swift move above this range would force short sellers to close positions, potentially accelerating the Ethereum price movement upward.
On the downside, the range between $1,980 and $1,833 contains more than $700 million in long positions. The Ethereum price movement into this zone could trigger forced liquidations of these positions. These liquidation levels add credence to the analyst’s prediction of a potential retracement. ETH traders should be aware of these zones when planning their strategies.
This figure represents about 2.85% of Ethereum’s total market cap. Since its launch, Ethereum ETFs have recorded a cumulative net inflow of $2.42 billion. These figures show growing institutional interest in the second-largest crypto. ETF flows can provide insights into broader market sentiment among larger investors.
ETH Holders Flock to IntelMarkets (INTL) For 9,500% ROI
While ETH is ranked as the second largest cryptocurrency by market cap, IntelMarkets (INTL) has quickly gained a reputation for leading a mind-blowing presale. Currently in its developmental stages, the platform has garnered a strong following among ETH holders in the crypto market. Given its presale performance, INTL is positioned to deliver a 9,500% ROI.
In terms of its technical architecture, the platform helps traders stay ahead with AI-powered data aggregation, tracking every on-chain shift, liquidity surge, and market anomaly. IntelMarkets’ custom dashboard delivers deep market intelligence with in-depth customization. The platform is going viral for its dual-chain flexibility, allowing users to trade based on their preferences.
This $0.09 AI Altcoin Could Be Your Golden Buying Opportunity
With over 40 million INTL tokens sold in its presale stage 10, analysts say IntelMarkets (INTL) is traders’ golden buying opportunity before it breaks out and goes out of reach. Its launch price has already lifted to $0.42, which tells us that this AI coin has the potential to show an upswing soon.
As Ethereum investors remain patient with a bullish signal developing in the platform, IntelMarkets (INTL) attracts investors with its mind-blowing product suite and premium trading tools. In an exclusive announcement, IntelMarkets just rolled out a flat 75% extra on any purchase. When checking out, just type in the promo code ‘SELLOUT’ and claim your bonus.
Discover More About IntelMarkets:
Presale:
Buy Presale:
Telegram:
Twitter:
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
