With the recent decline in the market, Ali Martinez has posted a bearish XRP price prediction. The analyst says that the altcoin price could drop to $1 soon if it loses the $2 support. Meanwhile, Ethereum investors are showing interest in another DeFi coin called IntelMarkets (INTL).
This is a new trading platform that has recently attracted a lot of attention due to its advanced algorithms and AI-powered trading tools. With a price pump of 900% and a potential 20x on the way, IntelMarkets could be the best crypto to invest in.
Ripple (XRP) Could Drop To $1, Ali Martinez Says
In a recent tweet, a top analyst called Ali Martinez noted the XRP price risks correcting to $1 in the coming weeks. The analyst argued that there is a head and shoulder pattern on the XRP price chart which started forming in December 2024. The formation has support around the $2 region.
Ali notes that the XRP price has formed the right part of the shoulder which is a bearish sign. He told his followers that a sustained break below $2 could pull the XRP price to $1, a 40% decline. At the moment, the XRP price movement is showing mixed sentiment on the charts.
While the XRP price has increased by 8.1% on the weekly chart, it has dropped by 18.4% on the monthly level. The crypto community is still waiting for news concerning the Ripple ETF and the verdict of the Ripple-SEC legal battle. CryptooELITES predicts the XRP price might rally to $3 and then $6.5.
Ethereum (ETH) Predicted To Drop To $1,250
The ETH price is currently consolidating between a low of $2,060.16 and a high of $2,542.79 on the weekly chart. CoinMarketCap data indicated the altcoin is under strong bearish control. Its price has plummeted by 12.8% on the weekly timeframe and 21.5% on the biweekly chart.
The losses also extend to the monthly and yearly timeframes which shows the ETH price movement is bearish. On the other hand, technical indicators like the Hull Moving Average (9) and VWMA (10) are flashing buy signals which shows that bulls are gaining momentum.
Going ahead, Ali Martinez forecasts the ETH price appears to be breaking out of a parallel channel. The analyst notes the ETH price could drop to $1,250 in the coming weeks. On the flip side, CryptoGoos says the ETH price is in an accumulation phase. They forecast the ETH price could skyrocket like Bitcoin did in 2021 and rise to $8,500.
IntelMarkets (INTL) Eyes Potential 20x ROI
IntelMarkets (INTL) is currently in its cryptocurrency ICO stage but has surged by more than 900% to reach $0.091. The early investors have already invested $11.2 million and are expecting to gain 20x ROI out of it as IntelMarkets prepares to disrupt the market with the help of artificial intelligence.
Traditional trading has always been inclined towards institutional investors while leaving small traders in a disadvantaged position due to a lack of adequate information. IntelMarkets alters that narrative by providing market intelligence to retail traders to track the flows of wallets, liquidity, and institutional transactions.
Unlike other platforms, IntelMarkets’ Intelli-M AI notifies users of the trends that are yet to happen, whale movements, liquidations, and volatility. This enables the trader to make some decisions before the market shifts its position.
The Rodeum AI bots are the on-chain detectives that scrutinize transactions and blockchain patterns to provide users with an advantage. Apart from trading, IntelMarkets allows users to create, train, and sell AI-based models, enhancing the accuracy of their predictions.
Is IntelMarkets a Good Crypto To Buy?
While the XRP price risks falling to $1, IntelMarkets has captured the attention of Ethereum investors. There is a potential 20x surge waiting for those who enter the market now. So, investors who are looking for the best coins to invest in can turn their attention to new giants like IntelMarkets.
For more information about IntelMarkets (INTL) visit the links below:
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