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Ripple (XRP) and Binance Coin (BNB) struggle with market volatility, and investors are turning to a new AI coin. XRP's price has dropped, and BNB faces a bearish outlook. In contrast, the emerging AI-based trading platform offers advanced trading tools and the promise of a 100x return post-listing.
Will this new AI coin win the trust of BNB and XRP investors? Read on to find the answer!
XRP Drops to $0.52 Amid SEC Appeal and Legal Uncertainty
XRP's price dropped by 10% to $0.52 in early October 2024 after the SEC filed an appeal. It is regarding a July 2023 ruling that penalized Ripple $125 million for selling XRP through institutional sales. Ripple is now considering a cross-appeal to challenge the penalty.
The ongoing legal battle has caused uncertainty in the market. Adding complexity to the case, Gurbir Grewal, the SEC's Director of Enforcement, resigned just before the agency filed its appeal.
On a larger time frame, XRP is nearing the support level of $0.50. Continued bearish pressure could lead to a breakout, pushing the price down to $0.48. If the weekly candle closes near current levels, a sharp drop to $0.45 could follow.
BNB Faces Bearish Outlook After CZ’s Release
In late September 2024, Binance founder Changpeng “CZ” Zhao was released from US federal prison after serving four months for Anti-Money Laundering violations. Some speculated that CZ's release could trigger a BNB rally, while others expected it to follow the market trend.
Like Bitcoin, BNB has been stuck in a large trading range for months, indicating indecision between bulls and bears. In early October, BNB was trading around $550, with an 8.7% loss in the past week.
The midterm outlook for BNB is bearish, as the coin is trending downward following a false breakout at $612. If buyers don't step in soon, the correction could extend toward the $520 zone. Amid these, BNB investors are looking forward to a new AI coin–INTL for huge gains.
IntelMarkets: Next-Gen AI Trading Platform with Copy Trading Feature
IntelMarkets is a next-gen AI trading platform with innovative features that set it apart. Its dual-chain structure connects users to liquidity sources and DeFi services across both Solana and Ethereum. Users can switch between networks for flexibility and efficiency. Experts agree this level of interoperability is not available on other platforms.
Its AI-driven tools, including self-learning bots, manage user portfolios and increase earnings. It also analyzes trading patterns in real-time. With advanced AI algorithms like Rodeum AI, IntelMarkets analyzes over 100,000 crypto assets and provides highly accurate trading signals.
IntelMarkets also offers a copy trading feature, enabling users to mirror expert strategies. New traders are excited about this feature as they could earn profits with less effort. In addition, features like customizable charts, omnichannel processing, and advanced risk management tools attract experienced traders.
Considering all the perks IntelMarkets has to offer, analysts predict INTL’s price could rise 100x post-listing, making it a promising entry point for new cryptocurrency investors. As the hype for AI coins is increasing day by day, BNB and XRP investors are flocking towards INTL for mouth-watering gains.
The INTL Presale: Investors Accumulate the AI Coin for a 100x ROI!
IntelMarkets is now in Stage 3 of its presale, selling INTL tokens at $0.027. Over 5.35 million tokens have been sold so far in Stage 3. The price of this AI coin will rise by 33% to $0.036 in Stage 4. With over $910,000 raised, experts anticipate a 100x return for INTL once it launches on top exchanges.
The project has undergone a full audit and is regarded as a secure investment. A $100 investment at this stage could yield over $10,000 in returns. Add this new AI coin–INTL to your portfolio for a higher ROI!
Disclaimer: This is a sponsored article 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
