The Cardano price surge is signaling that the bearish period has ended and institutional investors are returning to the markets. On the other hand, Litecoin is showing decent progress on the price chart. Leading the status quo, IntelMarkets is topping charts as the best-selling ICO under $1 in the market right now that has posted over 10,000 in weekly signups. Cardano Price Prediction: Key Resistance Ahead at $0.60 The Cardano price is showing signs of life after hitting a recent low of $0.51. While the trillion-dollar crypto market is hinting at a semi-volatile period due to macroeconomic tension, ADA holders have pushed the altcoin toward a modest recovery. Still, ADA is facing strong resistance at $0.60, which could determine whether the next move is bullish or bearish. ADA has rebounded more than 15% from its recent low, but traders are still cautious. ADA is currently trading below key technical indicators, including the 100-hour moving average. As the Cardano price attempts to break past resistance, the $0.60 zone could make or break its short-term path and drag ADA holders to the brink of deciding whether to hold or sell the altcoin. Analysts claim the recent bounce in the Cardano price was due to short-term buying after an extended selloff. However, ADA is still below the crucial 100-hour simple moving average and is struggling to build bullish momentum. A key Cardano price resistance level is forming near $0.60, reinforced by a bearish trendline on the hourly chart. Litecoin Appears Strong as Market Turns Green: Soars By 15% After yesterday’s sell-off that sent many altcoins to a new multi-month low, Litecoin found solid ground and bounced back with a rejection. Litecoin is currently bearish but has posted a notable gain amid the latest recovery. LTC’s bearish trajectory became more significant in the last few days following the new sell order from $96.5 in late March. The drop witnessed by Litecoin was less notable until last weekend, when the market experienced a high supply. This caused serious fear, uncertainty and doubt (FUD) yesterday as the crypto crashed to its lowest level in six months as institutional investors sold off. This triggered a lot of panic, but the $63 level provided support for LTC, and the selling stopped. The Litecoin price increased overnight and posted a major gain today amid the latest recovery. The bulls are currently in charge and are likely to sustain pressure throughout today. Technically, this move looks more like a retest pattern of a recent breakdown. IntelMarkets Slams Litecoin & Cardano (ADA) Amid Market Recovery As the surging Cardano price and Litecoin hint at a potential market recovery, there’s a new presale beast in the market that could challenge these two giants. Reportedly, ADA holders are rushing to accumulate IntelMarkets ’ $0.09 AI coin after analysts projected a jaw-dropping 300% rally for this next-generation platform. IntelMarkets (INTL) is going viral for sharing real-time, actionable trade signals generated by its high-end AI algorithms, which help identify high-probability opportunities across various markets and asset classes. Investors and traders are increasingly transitioning to IntelMarkets’ robust set of product suites to capitalize on its strong fundamentals and bag massive gains. Presale Powerhouse IntelMarkets Among Top Altcoins Under $1 Leading a fast-selling AI crypto presale, IntelMarkets (INTL) has claimed a top spot as the best ICO project under $1 in the market right now. This project is not just about gains, it also allows traders to track their portfolio performance, analyze trading history, and manage risk exposure with its comprehensive suite of portfolio management tools. IntelMarkets lets traders gauge market sentiment and identify shifting trends with its AI-powered sentiment analysis tools, which process news articles, social media feeds, and other data sources. With its presale rounds rapidly selling out, now appears to be the ideal time to join IntelMarkets (INTL) and secure a passive income stream. Discover More About IntelMarkets: Presale: https://intelmarkets.io/ Buy Presale: https://buy.intelmarkets.io/ Telegram: https://t.me/IntelMarketsOfficial Twitter: https://x.com/intel_markets 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.
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