IntelMarkets remains optimistic despite price declines in Chainlink and Binance Coin.

The crypto market is currently in bear territory and Binance Coin (BNB) and Chainlink (LINK) have seen steep declines. The decline happened as the geopolitical tensions in the Middle East grew after Iran’s missile strikes on October 1.

Also, US equities suffered a huge decline in connection with the poor investor sentiment to the “Uptober” season. Meanwhile, IntelMarkets is climbing the ladder on the price charts. It has gained 200% and may rise even more in the next few weeks.

Binance Coin (BNB) Price Forecast

Due to the high volatility and selling pressure in the market, the price of Binance Coin (BNB) has nosedived on the weekly timeframe. According to data from CoinMarketCap, there is a loss of 8.8% on this level.

In terms of price movement, Binance Coin BNB is trading between $540 and $620 on the weekly timeframe. Its market cap is also consolidating between a low of $78 billion and a high of $90 billion.

If the bearish sentiment continues, Binance Coin price could drop below the 200-SMA at $531.99. On the other hand, a bullish move might lead to a retest of the resistance at the 50-SMA $552.40.

Analysts forecast the value of Binance Coin crypto could pump to $600 in the long term. How, this will depend on the general sentiment in the crypto market.

Chainlink (LINK) Partner With Taurus To Solve Challenges in the Tokenization Sector

Taurus, supported by Deutsche Bank, has joined forces with Chainlink Labs to increase the adoption of tokenized assets. The platform will use Chainlink’s (LINK) Data Feeds, CCIP, and Proof of Reserve features to address challenges like security, data integrity, and movement of assets across blockchains.

In other news, the Chainlink coin is at the mercy of bears, given the recent downturn in the crypto market. The price and market cap of the cryptocurrency have dropped in the weekly timeframe.

Because of the price dip, the Chainlink crypto has fallen below the support at the 50-SMA ($11.23). Even its 14-day RSI has plunged below the 50 mark, a sign that bears have the upper hand.

Looking ahead, analysts still have an optimistic outlook for Chainlink (LINK) and believe a rebound could occur when market sentiment improves. Cryptoharo says the Chainlink price could increase to $14.50 in the next few weeks.

IntelMarkets (INTL) Makes Crypto Trading Easier for Investors

IntelMarkets (INTL) is an emerging DeFi project that investors believe has the potential to take advantage of the global AI market, which is worth $638 billion in 2024. IntelMarkets platform is created with a relatively unique concept. It will use artificial intelligence and machine learning to assist traders in making better trading decisions.

IntelMarkets has trading bots that are suited for analyzing trends and the movement of the market. The bots are self-learning and can learn from past errors to make better trades in the future. Also IntelMarkets, it works on two blockchains – Solana and Ethereum.

This means that traders can always choose the best network for their trades and other operations. While Solana offers low fees and fast transactions, Ethereum gives traders access to smart contracts liquidity pools. Because of the features above, analysts believe IntelMarket is a force to reckon with.

The project’s cryptocurrency ICO has been a massive success. IntelMarkets has raised over $900k in funding and has sold out the first two stages, showing high investor interest. The INTL coin has also grown by 200% and is now worth $0.027364, but analysts are confident that it can even surge by 10x in the next few months, making it one of the best cryptos to buy now.

Binance Coin (BNB) and Chainlink (LINK) Investors Rush To IntelMarkets for Profits

The geopolitical instability in the market has affected Chainlink (LINK) and Binance Coin (BNB). So, investors are now paying more attention to IntelMarkets. According to experts, the price of IntelMarkets could rise by 15x in the coming months. Such potential makes IntelMarkets a good cryptocurrency to buy now.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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