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TON, ADA, and INTL Are the Best Cryptos to Buy For Profits in Q4 2024, Analysts Say

Barbara Streisand
Barbara StreisandOriginal
2024-11-04 15:20:171007browse

The crypto market has noticed a pullback following Bitcoin's (BTC) descent to the $69k level. Top altcoins like Toncoin (TON) took the hit, falling from the key $5 level, leaving traders wondering about its short-term prospects.

TON, ADA, and INTL Are the Best Cryptos to Buy For Profits in Q4 2024, Analysts Say

The crypto market has seen a pullback after Bitcoin (BTC) fell to the $69k level. Top altcoins, such as Toncoin (TON), took the hit, falling from the key $5 level and leaving traders wondering about its short-term prospects.

At the same time, analysts are keeping a positive outlook on Cardano (ADA) and IntelMarkets for gains in Q4 2024. Ali Martinez predicts that the value of ADA could pump to $0.7 before the end of this year. Additionally, analysts forecast that the value of IntelMarkets (INTL) might increase by 3x before the end of this fourth quarter.

Toncoin (TON) Price Expected To Break $6 Resistance To $7

Toncoin (TON) has dropped below $5 after falling 4.7% on the weekly timeframe and 9.8% on the monthly levels, based on CoinMarketCap’s data. Although the Toncoin token has had some bullish spikes in the past month, bulls failed to hold their position.

Looking ahead, the Toncoin price could increase above $5 before the end of the fourth quarter. The cryptocurrency has a crucial resistance level at around $6. A breakout above this level could pave the way for a heightened ascent to new levels.

Bala.Ton predicts that the altcoin price could increase to $7 before the end of Q4 2024. Another analyst, Crypto Zillion, shares the same sentiment. According to Timmy, the price of the Toncoin crypto could reach $7.6 or even more if the breakout is supported by constant volume.

IntelMarkets (INTL) Poised To Rise 3x in Q4 2024

IntelMarkets (INTL) is gaining momentum in the fourth stage of its cryptocurrency ICO. Currently priced at $0.036545, analysts forecast the value of IntelMarkets could skyrocket by 3x before the end of Q4 2024. Investors are eagerly awaiting the launch of IntelMarkets’ trading platform.

While there are numerous trading platforms in the crypto space, very few cater to both the new entrant and the experienced trader. IntelMarkets was designed to fill that gap and level the playing field by providing professional trading instruments that were previously accessible only to large investors.

Thus, with IntelMarkets, retail investors get the chance to use AI power to provide them with necessary and fast information in the ever-changing crypto environment. IntelMarkets is compatible with the Solana and Ethereum blockchains.

If a trader values the speed of transactions and lower fees, Solana is the best option. For traders who prioritize security and access to DeFi applications, Ethereum offers unmatched reliability. The platform also has a Copy trading feature.

This is ideal for those who want to learn by observing. With this feature, IntelMarkets allows users to follow the strategies of experienced traders in real time.

Cardano (ADA) Could Soar To $0.7

Analyst Ali Martinez compares Cardano’s (ADA) price movement to that of 2020. If this historical trend continues, Martinez says the Cardano ADA could rise again around November 18, two weeks after the US elections.

This projection is based on the previous uptrends the cryptocurrency experienced following such patterns in 2020. The analyst shared a chart on X, which showed the value of the Cardano coin soaring to a peak of $0.7 before the end of this year.

Meanwhile, the Cardano crypto is consolidating around the $0.3 range, as per CoinMarketCap. Its price has been moving between $0.32 and $0.37 in the past month. The token’s 14-day RSI has dipped below the 50 mark due to high selling pressure.

Final Thoughts

As Toncoin (TON) attempts to recover above $5, Cardano (ADA) and IntelMarkets appear poised for a Q4 rally. Both assets have attracted the attention of analysts who are optimistic about their future price movements.

Backed by analysts, these two assets could potentially serve as the best cryptos to buy for profits in the upcoming weeks.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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