The crypto market is getting more intense as the whales are actively investing their large funds in Ethereum and IntelMarkets (INTL), an AI-powered trading platform. This massive accumulation points towards a massive price surge.Â
IntelMarkets is an AI-based DeFi project that has been making waves due to its advanced trading bots, making it the best crypto to buy for profit. Meanwhile, analysts forecast the price of Ethereum and Ripple could rise significantly in the coming weeks.
Ethereum (ETH) Whale Accumulation Rises
A few days ago, Ali Martinez quoted data from Santiment, which revealed a huge buying activity among whales. The analyst noted that whales bought over 280K ETH, a sign of positive sentiment that could lead to an Ethereum price surge.
Interestingly, over 900k ETH has been moved off exchanges, signalling a drop in selling pressure and pointing towards a potential Ethereum price pump. Crypto Rover, a top analyst, says the Ethereum price might teleport to $9k in the coming weeks. Another expert known as CryptoGoos says the Ethereum price could surge to $8,000.
CoinMarketCap data indicates the Ethereum price has soared by 5% on the weekly levels. However, the Ethereum price faces a strong resistance around $2.9k and surpassing this hurdle could lead to a massive rally.
Ripple (XRP) Poised To Hit $3
The Ripple crypto is showing positive price movement on the weekly and monthly timeframes. Data shows the XRP price has risen by double-digit gains on the weekly and monthly timeframes. According to CoinMarketCap, XRP currently trades at $2.66, up over 390% past this year.
Looking ahead, the sentiment surrounding the altcoin is bullish. The relative strength index is above the midline, which supports an XRP price surge. Also, the Hull Moving Average (9) and VWMA (10) indicators are in the buying territory, which points towards a potential XRP price rally.
Niels forecasts the XRP price could jump to $3.4 if it continues to trade in an ascending channel. Dropping below the channel could invalidate the bullish XRP price prediction. Another analyst called CryptosanthoshK says the XRP price might rise to $3-$4 in the next few months. On the other hand, investors should watch the XRP price chart for any potential bearish signal.
IntelMarkets (INTL) Presale Surges Pass The $10M Milestone
IntelMarkets’ ongoing presale has attracted a lot of investors in the last few months Currently, IntelMarkets (INTL) has already collected more than $10 million. Currently, the INTL token is trading at $0.091, and the early investors are locking in their stakes before the prices increase.
Meanwhile, IntelMarkets is not just a trading platform; it is an AI-based blockchain ecosystem that incorporates decentralized intelligence. IntelMarkets is creating an environment for traders of all levels to have access to high-level market data and analysis that were previously available only to a select few through the use of self-learning AI bots and a decentralized AI marketplace.
These AI bots track price changes, analyze large volumes of data, and make accurate trades, reducing the chances of errors and putting traders in a better position to compete. In addition to the trading, security is also valued at IntelMarkets with the help of the Route X21 quantum-proof protection to protect the assets from future threats. As the price goes up, investors are preparing to make a lot of returns before its official release.
Top Altcoins To Watch Right Now
While whales accumulate the Ethereum and Ripple looks to new highs, IntelMarkets is one of the altcoins to watch because of its potential for growth. It could be the next leading crypto with potential to rally to new prices in the next few months.
