Many top altcoins, including XRP and Dogecoin, ended December 2024 on a low note. On the flip side, the trending AI altcoin IntelMarkets (INTL) retained its impressive surge, closing the year with gains of more than 700%.
With bulls returning to the market, INTL could more than double its price in January. Meanwhile, XRP and DOGE will also be looking to join the market recovery. Let’s see how high analysts believe these altcoins could pump before the end of January.
Dogecoin (DOGE) Could Break Bullish Pennant Soon
The leading meme coin, Dogecoin (DOGE), closed December 2024 with a decline of more than 24%, per CoinMarketCap. As a result, DOGE has been trading within a tight range of $0.31 and $0.33 on the weekly timeframe, despite trading as high as $0.45 in December.
While the decline has raised concerns among investors, technical analysis suggests that a rally could be underway for the Dogecoin token. The Dogecoin price chart shared by Globe of Crypto shows that the memecoin has formed a bullish pennant on the 1D timeframe. $DOGE is now attempting to break out of this bullish pattern.
If the breakout is successful, Globe of Crypto predicts that the Dogecoin crypto could rally to a high of $0.55 in January 2025. The price forecast represents a potential increase of 67% from Dogecoin’s (DOGE) current price range, making it one of the top altcoins to watch.
Ripple (XRP) To Resume Parabolic Rally If It Holds the $2 Support
In December, Ripple (XRP) failed to clear the $2.80 resistance, leading to a decline. Per data from CoinMarketCap, the Ripple coin has declined to the $2.0 support level. Many analysts believe this is the perfect zone to accumulate more XRP tokens.
Coinglass, the popular on-chain analytics firm shows that the inflow/outflow of the Ripple crypto has witnessed an outflow of hundreds of millions of dollars. The outflows from exchanges suggest an improved sentiment from investors towards XRP.
In an analysis of the Ripple price chart on the 3D timeframe, Javon Marks said that the altcoin is in the ‘intermission phase’ before another ‘groundbreaking’ rally. If Ripple (XRP) holds the $2 support level, analysts believe the altcoin price could pump above $3.5 before the end of January, marking an increase of 75% from its current range.
IntelMarkets (INTL) To Maintain Massive Uptrend in January
While many of the top crypto coins were under bearish pressure in December, IntelMarkets (INTL) remained a shining star. This recently launched AI crypto also reached $0.073273, an increase of over 700%. In light of bulls returning, analysts believe the INTL coin will carry forward its upward trend.
IntelMarkets has a great future because it is building a next-generation perpetual contract trading platform. IntelMarkets has designed this platform to use the most innovative AI-driven robots to assist traders and investors in gaining the edge. 350,000 training points were used to train these bots for very high precision.
Besides the trading bots, IntelMarkets has other great features, including dual-chain functionality, an Intell-M Channel analytic tool, and a revenue-sharing solution. IntelMarkets harnesses the powers of both Ethereum and Solana blockchains to give users the ultimate trading experience.
Thanks to these features, market experts believe IntelMarkets could take over the perpetual futures market that sees over $100 billion in trade volumes. The DeFi project has already pulled in over $5.6 million in presale. As the platform gains more traction, the INTL is bound for more increase, with gains of up to 150% in January.
The Best Crypto To Buy in January: Dogecoin, XRP, or IntelMarkets
January could be the resumption of the bull run for the crypto market. While Dogecoin and XRP could be some of the biggest gainers of January with gains of 67% and 75%, respectively, IntelMarkets could record even bigger gains as it maintains its position as the best crypto investment in this bull run.
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
