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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

Ripple Chases $3 Milestone With Breakout Rally As Ethereum and a New Coin Thrill Investors

Bitcoinist
by Bitcoinist
Last Updated: December 14, 2024 11:22 am
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ripple (XRP) has started an uptrend on the weekly chart as it seeks to reach $3. Analysts forecast the altcoin could surpass its current all-time high before the end of this month. Also, Ethereum (ETH) has crossed $3,900 and is eyeing a potential upside to $5k.

Meanwhile, IntelMarkets (INTL), a new coin, has stolen the spotlight with its recent 600% price pump. Thanks to its AI integration, analysts forecast that the value of INTL could skyrocket by 20x to outperform INTL and Ripple in this bull market.

Ripple (XRP) Begins Uptrend, Eyes New $3

Following the approval of Ripple’s (XRP) stablecoin, RLUSD, positive sentiment has flooded the market. Information from CoinMarketCap shows the Ripple coin price has increased by 3.0% on the weekly chart. The DeFi coin price is also up 66.6% on the biweekly chart and 297.0% on the monthly level.

In terms of price movement, the Ripple crypto is testing the $2.5 level for a possible breakout. If this happens, we could see the cross-border token reach $3 in the coming days. Moreover, VipRoseTr predicts the Ripple price could hit $2.5 and $3.00 in the coming weeks.

Good Morning Crypto forecasts the Ripple token could pump to a new all-time high before the end of this month. The cryptocurrency’s relative strength index is on an uptrend and supports this potential rally. It is above the midline and could return to the overbought region soon.

Ethereum (ETH) Price Rallies, Analyst Forecasts $5k on the Way

The Ethereum coin has been consolidating between $3.4k and $4k in the past month, per CoinMarketCap. While other tokens saw huge gains in November, ETH produced an underwhelming performance.

Nevertheless, Ethereum (ETH) remains the king of altcoins, having the largest market cap. Looking ahead, the sentiment around the Ethereum token is improving. CoinMarketCap data indicates its value has increased by 1.5% in the weekly timeframe.

The cryptocurrency is currently retesting the resistance around $3.9k. Surpassing this level could attract more users to the market, increasing buying pressure. Eljaboom notes there is a bullish golden cross on the Ethereum price chart.

They forecast the value of the altcoin could pump to $5k in the coming weeks. Another analyst called VentureFounder predicts a price surge to $4.9k and then $5.3k. However, Ethereum (ETH) must surpass resistances at $4.2k and $4.5k

IntelMarkets (INTL) is Now KYC Verified

IntelMarkets (INTL) has achieved another milestone during its ongoing presale. The DeFi project has received a KYC verification certificate from Codeum, confirming its reliability. IntelMarkets is currently in the presale phase and is priced at $0.064091. It has raised over $4.1 million from investors during this cryptocurrency ICO. Only a few projects have achieved such a feat.

One of the main features of IntelMarkets is the Intelli-M multi-channel analyzer, which works with more than a hundred real-time data feeds and provides accurate buy/sell signals. This tool is created for traders to provide them with the necessary data that would help them make decisions faster and more effectively in the conditions of high market fluctuations.

Also, IntelMarkets has AI trading robots that are adaptive to any strategy or market movement. These bots get better with each trade and adapt from previous trades, which makes them perfect for both new and expert traders. Security is a priority at IntelMarkets, and the company’s innovative Route X21 quantum readjustment plan proves it.

This innovative system protects users’ assets from future risks posed by quantum computers, which will provide a reliable and quantum-resistant blockchain. Thanks to its advanced tools, high levels of security, and the confidence of its team, IntelMarkets has all the potential to become a new-generation DeFi project and one of the leaders in the market today.

In Conclusion

Ripple (XRP) and Ethereum are showing upward price movements. Analysts forecast they could reach new peaks before the year runs out. Meanwhile, IntelMarkets has captured investors’ interest with its AI trading tools and growth potential.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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