Solana Ready to Jump Back to $200? Smart Investors Prefer AI Altcoins Like IntelMarkets and Bittensor Instead of Memes

As the Solana price battles to break past key resistance zones and shake off its latest correction, savvy investors are already shifting their focus. Instead of clinging to shaky meme coin hype or waiting endlessly on SOL’s rebound, they’re chasing the explosive potential of AI-powered altcoins like IntelMarkets (INTL) and Bittensor (TAO). INTL , in particular, is making headlines with its AI-fueled trading platform and a red-hot presale that has already raised over $12.2M, making it a standout opportunity in the crypto market’s next evolution. Let’s find out more about SOL, TAO, and INTL. Solana Price Struggles: But Is SOL Reversal on the Horizon? Since mid-March, the Solana price has been stable at around $120. However, SOL eventually broke down, depreciating by 23%. Although there are now no bullish indications for SOL, the Solana price entered the oversold zone with some hint that a reversal may occur soon. The 4-hour chart shows SOL completing a five-wave impulse to $294, followed by a WXYXZ correction within a descending channel. After a brief breakout to $180, resistance forced a reversal, sending the Solana price down to key support around $118. A short-lived recovery hit $148 before another dip pushed SOL to $109.89, forming an ABC corrective wave. With RSI now deep in oversold territory at 22.50%, a Solana price trend reversal could be on the horizon. Despite the downbeat view, if the Solana price rises sharply and moves over the $120 level, a positive SOL reversal will be around the corner. Double Bottom Pattern Emerges: Is Bittensor Ready to Explode? Altcoins like Bittensor (TAO) are attracting more attention from investors as the larger cryptocurrency market begins to rebound. Following a difficult time, TAO is now showing encouraging indicators that might indicate a significant improvement in the weeks ahead. A strong double-bottom pattern, a classic technical formation linked to trend reversals, can be seen on TAO’s weekly chart. Early in December 2024, after an unsuccessful effort to breach the $743 barrier level, Bittensor started to drop. TAO has now seen a dramatic 70% correction, ultimately breaching major support levels. Analysts are now keeping a close eye out for indications of a bullish turnaround when the pattern’s second bottom occurs. At the time of writing, TAO is trading at about $190. Despite a 6.3% decline in the last week, the overall picture is still positive, as Bittensor has climbed 4.06% in the last 24 hours. A potential rally that can push TAO back to its previous highs has been suggested by market analysts, taking into consideration Bittensor’s technical developments. IntelMarkets: The Future of Trading Powered by AI Is Here As Bittensor inches closer to a bullish trend reversal, market experts have noted an increased capital flow to AI crypto coins. One of the projects that is leading the market is IntelMarkets (INTL) , an upcoming AI-powered trading platform offering features never seen before. IntelMarkets (INTL) is bringing the crypto world its first smart-gen trading platform, which is introducing innovative features to everyday traders. Leading the features list is its dual-chain functionality that will give traders the flexibility to trade either on Solana or Ethereum as per their convenience and trading strategy. Their AI-powered trading robots further elevate the game as they are trained to analyze data from 1,000 different sources for over 10,000 assets simultaneously. This gives IntelMarket users an edge to remain ahead of the market. Additionally, by offering a massive 1,000x leverage margin, they let traders have maximum market exposure even with little capital investment. Furthermore, its multichannel analysis will analyze data from multiple markets, giving users a chance to maximize opportunities not limited to one asset class only. Investors all around the world are already excited for the launch of this platform, to experience these innovative features and enjoy big gains on its native INTL token, which is currently in its presale phase. The presale has already collected a massive funding of over $12.2M, a clear sign of the massive hype surrounding this upcoming launch. Each INTL coin is currently being sold for only $0.09, a low-cost entry to a high-potential project. As the platform draws closer to its listing on major CEXs, its launch price is set to be $0.42, a massive 400% ROI for its new investors. Discover More About Intel Markets: Presale: https://intelmarkets.io Buy Presale: https://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.

Source: Crypto Daily