The crypto market appears to be getting ready for another round of uptrends, with top altcoins like Ripple (XRP) looking set to extend its gains. Following its jump above $1.6, experts believe XRP could hit $2 in the next few weeks.
On the other hand, Shiba Inu (SHIB) is targeting $0.00038, with bullish signals suggesting that the coin is headed for a big upswing. On top of that, a blue-chip crypto called IntelMarkets (INTL) has just risen by an astonishing 400%. Experts believe this new coin could dominate the next altcoin rally.
Ripple (XRP) Faces $1.65 Resistance on Road To $2
One of the best altcoins in this bull run, Ripple (XRP), is still showing signs that its price could rise even higher. According to price information from CoinMarketCap, the Ripple coin has jumped from a monthly low of $0.4900 to trade as high as $1.60.
On the 30-day chart, the value of the Ripple crypto has increased by 31.5%. The gains also extend to the biweekly and monthly charts, where there are triple-digit gains of 109.9% and 179.1%.
Moving on, the road seems very smooth for the Ripple token. Crossing the $1 had been a major obstacle, but it has achieved that mark. CryptoJack predicts the value of XRP could climb higher if it beats the next resistance at $1.65.
Crypto2024 forecasts Ripple’s (XRP) price could soar to $2.34. The token’s 14-day RSI has been on an uptrend since November 13. It is currently in the overbought zone, thanks to the influx of buyers who do not want to miss out on the altcoin’s bull run.
Shiba Inu (SHIB) Forms Triangle Convergence, Targeting $0.00038
CW, a famous crypto analyst, recently said that Shiba Inu (SHIB) is forming a triangle convergence, a pattern that usually indicates a massive shift in price. This pattern usually implies a consolidation and is followed by a breakout.
CW expects the Shiba Inu coin to break the pattern with an upward movement. Given the current market sentiment and the technical analysis, the analyst predicts SHIB to hit $0.00038. In the meantime, the Shiba Inu crypto is trading above the $0.00002 mark.
On the 7-day chart, its price has increased by 9.3%. On the 30-day timeframe, there is a profit of 40.0%. Shiba Inu’s (SHIB) 14-day RSI is currently climbing up the chart, indicating bulls are taking over. If the uptrend remains, the Shiba Inu price could soar in the coming weeks.
IntelMarkets (INTL) Attracts Interest With Presale and Unique Features
IntelMarkets (INTL) is new but is already making its mark in the crypto industry. Within a short time, the DeFi project has become popular because of its unique features and presale performance. The important part of the IntelMarkets platform that attracts so much attention is the integration of artificial intelligence and blockchain in trading.
IntelMarkets has AI-based trading bots that operate according to set strategies and market conditions. It is used to increase efficiency in trading activities by minimizing human mistakes that may be costly. In addition, it also has a two-chain system where traders can use both Ethereum and Solana blockchains to make trades.
Ethereum provides connections to a well-developed DeFi space. At the same time, Solana gives fast transactions and low fees to traders. Because of its unique features, more people have been joining the IntelMarkets presale.
Already, IntelMarkets has pulled in over $2.6 million, as crypto industry experts believe it could quickly become a blue-chip DeFi project. The INTL coin has been leading the markets in gains, rising by more than 500% to reach a price of $0.054909. Pundits expect that INTL might rise to $1 in the next few months.
In Summary
Ripple (XRP) is targeting $2, and Shiba Inu (SHIB) is looking to hit $0.00038. Meanwhile, IntelMarkets’ 400% price surge makes it one of the best altcoins to watch right now. Analysts say this could be the beginning of a new upward movement, making INTL a good crypto to buy for new and old investors.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
