The crypto market has been very volatile in the past week as Bitcoin’s price consolidates between $95k and $104k. Nevertheless, FLASH forecasts that the value of Ethereum (ETH) could increase to $6k in the next few years if it completes a head-and-shoulder pattern.
On the other hand, Dogecoin (DOGE) investors are now focusing on a 20x coin called IntelMarkets (INTL). The crypto project, which is in the crypto ICO stage, has given investors up to 800% returns on their investments. Given IntelMarkets’ growth, it could be the next big thing in the crypto space.
Dogecoin (DOGE) Price Retraces To Lower Levels
Dogecoin continues to trade under $0.4 after witnessing a price decline on Tuesday. The meme coin’s value retraced from $0.39 to $0.34, mirroring the correction in the general market.
Meanwhile, data from CoinMarketCap reveals the Dogecoin token is still bullish on the weekly and biweekly timeframes. Its price has increased by 8.2% and 2.9% on these levels, respectively. Looking ahead, the sentiment surrounding the Dogecoin crypto remains bearish.
TradingView data shows its VWMA (10) and Awesome Oscillator (5, 34) are in the buying territory, meaning bulls are active. CROW forecasts the Dogecoin price might surge to $0.46 in the coming weeks.
He told his followers to never fade DOGE. Another analyst called FLASH notes the value of DOGE could pump to $0.75 before the end of this first quarter.
Ethereum (ETH) Predicted To Hit $6k As RSI Remains Bullish
A top expert, FLASH, has posted a bullish forecast for Ethereum (ETH). He predicts the value of the altcoin could rise to $6k soon. Additionally, the chart accompanying his tweet revealed the Ethereum coin is forming an inverse head and shoulder pattern.
However, the Ethereum price must cross the resistance at $4,100 to complete the pattern. Another expert called CROW took his prediction higher. He believes the value of the Ethereum token could reach $10k before the end of this year. In the meantime, the momentum surrounding ETH is bullish.
Data from Sosovalue shows that Ethereum ETFs have recorded more inflows than outflows in the past week. Also, technical indicators like the 14-day RSI support an uptrend. Currently, CoinMarketCap data indicates that ETH has been consolidating between $3,307.80 and $3,714.58 in the weekly timeframe.
IntelMarkets (INTL): Charging the Crypto Revolution With AI Trading
IntelMarkets (INTL) has become one of the most popular projects in the field of cryptocurrencies and has received great success during the presale. It is set to transform the trading of cryptocurrencies by offering advanced artificial intelligence solutions to both new and professional traders.
The key to innovation at IntelMarkets is the Rodeum AI trading bots. These complex bots use the latest AI algorithms to scan through large volumes of market data within the shortest time possible and then make profitable trades.
In addition, IntelMarkets has an Intell-M® Channel Analysis tool that collects information from more than ten thousand sources. This valuable tool gives traders enough data to inform their decision-making processes.
Furthermore, IntelMarkets offers perpetual futures trading. It also has risk management tools that traders can use to hedge their investments. Currently, the INTL token is in the ninth stage of presale at the moment and costs $0.082455. It has raised over $6.4 million in funding and could reach $10 million soon.
IntelMarkets Beats ETH As the Best Crypto To Buy Now
While ETH is on the edge of a potential trend reversal, all attention is on the new 20x coin, IntelMarkets. The new DeFi project seeks to revolutionize the crypto trading sector using AI and blockchain solutions. It has gathered a band of experts from top firms like OpenAI, Goldman Sachs, and more to build an AI-driven trading platform that could attract a lot of investors after launch.
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
