The Ethereum price has once again crossed the $2,000 mark and this has triggered a bullish trend in the market. However, while ETH rises, another crypto gem is taking center stage.
IntelMarkets (INTL) is a new trading platform with advanced AI trading tools and a decentralized marketplace that investors believe will outshine the Ripple coin. It has raised over $11.6 million in funding while giving investors 900% returns on their investments. IntelMarkets could be the next big coin that investors are looking for.
Ethereum (ETH) Price Soars Past $2,000
The Ethereum price reclaimed the $2,000 level on Wednesday after a small uptrend on the weekly timeframe. Data from CoinMarketCap shows the Ethereum price has risen by 6.2%. Although the Ethereum price has dropped by 26.6% on the monthly level, technical indicators show that bulls are gaining traction.
According to TradingView, the Stochastic Fast (14) and Williams Percent Range (14) are flashing buy signs that support an Ethereum price uptrend. Reacting to the recent uptick, James CryptoGuru told his followers the Ethereum price rally has started. He posted a chart where the ETH price soared to $2.8k.
Another analyst called Crypto General says the Ethereum price might skyrocket to $6k in the coming months. According to him, the ETH exchange reserve has been declining due to increased whale accumulation.
Looking ahead, the Ethereum price faces resistance at the 50-SMA ($2.5k) and 200-SMA ($3k) zones. Surpassing them could clear the way for the Ethereum price to hit $6k this year.
Ripple (XRP) Forecasted To Rise To $6
The XRP price is showing a 5% increase on the weekly timeframe after a massive decline last week. CoinMarketCap shows the XRP price has been consolidating between $2 and $3 in the past month.
Despite the XRP price uptrend during this period, bulls have not been able to breach the $3 resistance. Meanwhile, the cryptocurrency’s RSI is rising and could cross the midline soon. The rising RSI shows that buying pressure is increasing and an upsurge could be around the corner.
Crypto Beast forecasts the XRP price might pump to $6 before experiencing a little correction. The analyst told his followers the XRP price could surge to $12 in the coming months. Another analyst called SolbergInvest predicts the XRP price could soar to the $3 region. However, the XRP price must break out of the falling wedge it is trading in.
IntelMarkets (INTL) Emerges As the Best Platform for Crypto Trading
While the Ethereum price rises, a new DeFi project called IntelMarkets (INTL) is gearing up to become the best trading platform in the crypto market. It has been effective during the presale period as it has been established in the previous research.
At the moment, the INTL token is at $0.091 and this is a good price for those who are wise investors. It has also been able to attract more than $11.6 million in funding. IntelMarkets is a new-generation trading platform that connects retail and institutional traders in the crypto trading market. Therefore, with the help of artificial intelligence, the platform provides the user with enhanced tools that were previously available only to the experts.
The essence of IntelMarkets’ innovation is the Rodeum AI™ self-learning bots. These bots can purchase and sell cryptos by analyzing data to seek out the best chances of making profits. They can also learn from mistakes and be perfect with each trade.
In addition, the Intelli-M AI system improves IntelMarkets by offering clients a predictive market analysis. With these capabilities, it can identify new trends, innovations, and shifts in sentiment that may not be apparent to other people. The features above make INTL the best DeFi project to look out for.
Why IntelMarkets is the Best Altcoin To Watch
While the Ethereum price struggles to sustain the current uptrend, IntelMarkets is gradually becoming the dark horse of the crypto industry. Thanks to its advanced AI and increasing investor interest, INTL is not only a worthy rival to Ripple but also a DeFi project that could change the face of crypto trading. Its price might soar by 10x in the coming months.
For more information about IntelMarkets (INTL) visit the links below:
- Presale: https://intelmarkets.io/
- Telegram: https://t.me/IntelMarketsOfficial
- Twitter: https://x.com/intel_markets
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