Ethereum (ETH) Price Prediction 2022: Will ETH Hit $3000 Soon?

According to him, the altcoin has a “well-defined short-side trade.” The analyst said the trade remains valid as long as Ethereum remains below $2

An analyst at CryptoQuant has highlighted an “interesting trade” for Ethereum. According to him, the altcoin has a “well-defined short-side trade.” The analyst said the trade remains valid as long as Ethereum remains below a key price level.

The price of Ethereum has dropped significantly in the past few months. ETH price dropped from a monthly high of $3,500 to $2,500 in August. After a slight recovery, ETH price dropped again to $2,700. Investors are expecting a turnaround in the coming weeks. However, this recovery will depend on the Ethereum price crossing the resistances at the 50-Day SMA ($2,983.54) and 200-Day SMA ($3,222.20).

Solana (SOL) Daily Transaction Fee Plummets

Kyle Doops, a market expert and the host of the Crypto Banter show, talked about the Solana blockchain recently. Doops posted a chart on Twitter that showed daily transaction fees on the network have plummeted.

According to him, daily transaction fees on the Solana network plunged 87% from a peak in March to a low of $639k. This low figure shows a decrease in the number of activities and less demand by users.

In the meantime, the price of Solana coin fluctuates between $100 and $200 on the monthly timeframe. Its market valuation is around the $50-$90 billion mark.

CryptoCurb forecast the price of Solana could increase to the $400-$500 range in the coming months. The cryptocurrency currently has immediate resistance at the 50-Day SMA ($156.36) and 200-Day SMA ($148.65).

Intel Markets (INTL) Presale Crosses $180k

Intel Markets (INTL) is capturing the attention of many investors in the ICO market. Despite being a new project, Intel Markets has raised over $180k in just a few days of its presale.

The project aims to transform the $2 trillion crypto market using AI and blockchain technology. Intel Markets has an AI trading bot that has generated good cash for over 1,200 traders in the market.

Also, Intel Markets offers 1000x leverage to its users. This high leverage allows them to take large positions and make high profits. In addition to this, Intel Markets has other benefits like fast trade execution, high liquidity, low fees, etc.

Moreover, Intel Markets has a native token called INTL, which powers the platform. This coin is in the first stage of its presale and is priced at $0.009. This value will increase by 11x to a listing price of $0.11.

Such potential growth makes Intel Markets a good investment choice now that Solana and Ethereum are battling with bearish pressure.

Why Are Ethereum and Solana Investors Joining Intel Markets?

Ethereum and Solana investors are joining this new project because of its potential for growth. Analysts forecast that Intel Markets value will increase to a listing price of $0.11. Those who buy it now will see an 11x ROI after the listing.

To learn more about Intel Markets:

Presale: intelmarketspresale.com/

Telegram: t.me/IntelMarketsOfficial

Twitter: x.com/intel_markets

This is a BrandStand paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.

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