The Best Cryptos to Buy Now: Chainlink, ETH, and IntelMarkets
According to news reports, the UAE announced it would exempt crypto conversion and transfer from the VAT beginning November 15, 2024.
As the UAE prepares to eliminate VAT on crypto transactions by November 15, 2024, analysts predict a surge in cryptocurrency adoption. Here are some promising coins to watch, according to their analysis:
Chainlink (LINK) Price Forecast
Chainlink (LINK), being the number one RWA token, is among those that analysts believe will see more adoption in the next few weeks. Chainlink (LINK) has also made a mark in the crypto market and the world of tokenization.
Many platforms have adopted their Data Price Feeds and CCIP tools to increase flexibility and scalability. Also, the Chainlink coin is up 16% on the monthly time frame, which shows that the bulls are back. The token has crossed the 50-SMA ($11.29) and is heading for higher levels.
According to SatoshiFlipper, the Chainlink crypto will continue to retest the $13 zone until there is a breakout. Another analyst, Chill_trader99, says that the value of Chainlink (LINK) could skyrocket to $15 soon.
However, the Chainlink price must cross the resistances at $11.73, $12.518, and $14.553. Failure to do so could lead to a retest of the support at $10.818.
Ethereum (ETH) Co-Founder Converts Memecoins To ETH
On the monthly time frames, the Ethereum (ETH) price is consolidating between $2.2k and $2.7k. Despite the recent upsurge in the market, bulls lacked the buying force to push the Ethereum price outside this range. However, whales have halted their recent sell-off.
Recent data from SpotOnChain shows that Ethereum co-founder Vitalik Buterin sold 341K worth of memecoins DEGEN, NEIRO, MOODENG, KABOSU, and stablecoin USDT to buy 140.67 ETH. This move got a lot of positive reactions from members of the community.
Moving forward, analysts hope that the value of the Ethereum coin will cross the 200-SMA at $3,085.28. According to VECTORCP, the price of the Ethereum crypto could pump to $4k in the coming months.
New Investors Bet Big on IntelMarkets (INTL)
There is a large shift in the cryptocurrency market as investors are moving towards new projects like IntelMarkets (INTL) with great enthusiasm. They have helped the project raise $917k and sell out the first two stages of its presale. Currently priced at $0.027364, analysts predict that the price of IntelMarkets could pump by 10x before the year ends.
IntelMarkets plans to build a trading platform with the help of artificial intelligence. It will have a dual-chain structure that supports both the Ethereum and Solana platforms, unlike most blockchains that run on only one platform.
It will also offer advanced instruments like omnichannel analysis, over 1000x leverage for more profits, 100,000 tradable assets, and Rodeum AI-powered trading robots.
Unlike other platforms that provide confusing signals, IntelMarkets has an advanced tool called the Intell-Array monitoring system. This system checks all the displayed indicators to produce a sound and complete signal that is supported by over one hundred thousand points.
The Best Coins To Invest In Now: Chainlink, ETH, and IntelMarkets
The UAE's move to remove taxes on crypto transactions is set to reposition the market and drive an uptick in the use of cryptocurrencies. According to analysts, altcoins like Chainlink (LINK), Ethereum (ETH), and IntelMarkets could be a part of these coins. So, investors looking for cryptocurrencies that might see gains in the future should consider these three.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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