The uncertainty surrounding the outcome of the US election has led to a cautious approach. Nevertheless, the market’s outlook for the rest of the year is bullish; Dogecoin (DOGE) is no exception.
Meanwhile, Ripple (XRP), one of the top altcoins, tumbles, facing the fear of a potential decline. Defying bearish pressure is IntelMarkets (INTL), a new AI altcoin with a bullish narrative and substantial growth prospects as a low-cap gem. Moreover, its impending transformation of the crypto trading scene makes it a new DeFi project to watch.
IntelMarkets (INTL): Nears the $2M Fundraising Goal
IntelMarkets (INTL) is the latest AI altcoin. It shines bright in the investment world, entering the fifth presale stage amid huge investor interest. Over $1.6 million has been raised in early funding, highlighting its growing community of investors and traders.
As a new altcoin and low-cap gem, its upside potential is staggering, contributing to the rising demand. In stage 5 of the ICO, a token is underpriced at $0.045 and teeming with potential. Industry experts anticipate a 55x rally after listing on Tier-1 exchanges, prompting analysts to list it as more compelling than Dogecoin (DOGE) and Ripple (XRP).
On path to transform the $264 billion crypto trading market with AI, it is a promising wave to take advantage of. The Intelli-M trading system can perform technical calculations from multiple markets and across asset classes in seconds. Unlike the basic trading bots used by conventional exchanges, the Intelli-M robots can self-learn from their mistakes and real-time trading data, improving their performance over time.
Dogecoin (DOGE): Bullish Price Outlook
Dogecoin (DOGE) is popularly known as the first memecoin or the OG meme. It launched in 2013 as a joke, which, interestingly, birthed one of the hottest crypto narratives. A decade later, Dogecoin (DOGE) is a top ten cryptocurrency, ranking ahead of most top altcoins despite its humble origins.
It was one of the biggest highlights in October, or “Uptober,” as it is called in the crypto scene. The Dogecoin price exploded over 50% on the monthly chart, retailing above $0.166. Its upswing continues on the daily chart, defying broader bearish pressure—top crypto to invest in.
The MACD level (12, 26) is at 0.01106, plus the moving averages tilt towards a strong buy, suggesting further upswings. This makes its outlook for the rest of the year promising, poised to skyrocket post-US election. Moreover, a Dogecoin price prediction suggests a rally past $0.5 before the year’s end.
Ripple (XRP): 2% Downturn in the Past 7 Days
Ripple (XRP) is among the top coins and is well-known as a payment protocol for cross-border transactions. Rising institutional appetite has been crucial in its accent as one of the top crypto coins, although regulatory uncertainties cast a big shadow.
Its underwhelming performance continues, which can be linked to the legal tussle with the US SEC. The largely bearish crypto market is also behind its downswing. The XRP price swung low, down over 2% in the past 7 days. It retails above $0.5, with a lingering fear of a decline below $0.45.
Moving averages like the exponential moving average, simple moving average and volume weighted moving average point to further downswings. Additionally, oscillators, like the MACD Level (12, 26) at 0.01099, give a sell signal.
Conclusion
The positive price outlook of Dogecoin (DOGE) makes it a top crypto to invest in. Meanwhile, Ripple (XRP) plummets while IntelMarkets (INTL) skyrockets in presale. Its novelty as an AI-powered trading platform and significant upside potential make it a must-have over established players.