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

Dogecoin (DOGE) Targets $0.5 Next While Ripple (XRP) Takes a Breather – Experts Say This New AI Crypto Might Be the Next Big Thing

Bitcoinist
by Bitcoinist
Last Updated: December 11, 2024 9:00 pm
·
Posted in Altcoin News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Market sentiment has become increasingly mixed after the latest market downturn. Nevertheless, Dogecoin (DOGE), the top memecoin, has shown remarkable resilience, targeting $0.5 next. However, Ripple (XRP) swung low, which experts believe is a breather ahead of its next leg up.

At the same time, IntelMarkets (INTL), a new AI crypto, is believed to be the next big thing. Its blend of AI and DeFi is one of its most obvious attractions, capturing experts’ and investors’ attention. Equally important is its staggering upside potential as a low-cap gem, driving huge demand.

IntelMarkets (INTL): Reshaping the Crypto Trading Scene With AI

IntelMarkets (INTL) has been likened to a gem given its solid fundamentals and impending transformation of the crypto trading landscape. The AI-powered trading platform is expected to shake up the trading scene—a new DeFi project to watch out for.

Taking a different approach, it will be the first to integrate AI across all trading levels. Equally important, the Intelli-M trading systems can perform technical calculations across markets in seconds, allowing traders to maximize opportunities across different asset pairs.

On track to reshape the $36 billion global crypto trading market, experts believe it might be the next big thing. Remarkably, at $0.064 in the seventh stage of the ICO, it is ridiculously undervalued, boasting more room for growth than top crypto coins like Dogecoin (DOGE) and Ripple (XRP).

Dogecoin (DOGE) Targets Breakout Above $5

Dogecoin (DOGE), popularly known as the first and leading memecoin, is a top ten cryptocurrency. Despite the crypto market tumbling, the Dogecoin price maintains the $0.41 support. Meanwhile, it is up over 80% on the weekly charts, cementing its status as one of the top altcoins.

Key technical indicators like the DOGE price trading above the 30-EMA and 30-SMA suggest further upswings. A retest of $0.5—its next target—might fuel a breakout above the current all-time high of $0.73, positioning Dogecoin (DOGE) among the altcoins to watch out for.

Moreover, its long-term outlook remains promising. VishalSahu21, a top expert, identified a potential inverse head and shoulders pattern, predicting a breakout above the $0.45 resistance would push Dogecoin toward $0.51. Meanwhile, Zigasjay, a crypto analyst on X, suggests a jump above $5 by 2025.

Ripple (XRP) Takes a Breather Ahead of its Next Leg Up

Ripple (XRP), November’s top gainer, hasn’t had the best of starts to December. While profit-taking can be linked to its poor performance, the wider crypto market tumbling cannot be overlooked. Nevertheless, key technical indicators like the MACD level (12, 26) and 20-VWAM hint at a bounceback.

Following the latest market dip, the XRP price declined from a monthly high of $2.8 to $2.2. Its 15% downturn in the past seven days, although significant, is believed to be a breather ahead of its next bull run.

Top analysts like Mel_Senechal anticipate a rally toward $8.40 if the current support holds. Suave162, another crypto analyst, has $10 as their XRP price prediction during this bull cycle, placing it on the list of the best cryptos to invest in.

IntelMarkets (INTL): Can it Outperform Top Cryptos like Ripple (XRP) and Dogecoin (DOGE)?

IntelMarkets (INTL), one of the fastest-rising cryptocurrencies—over $4 million has been raised in early funding in record time—stands out for several reasons. From its AI-powered trading platform to its massive growth prospects, it could outperform popular names like Ripple (XRP) and Dogecoin (DOGE).

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