The crypto market has witnessed a little slowdown after its recent massive bull run. However, while Bitcoin is struggling around $100k, Ethereum (ETH) is looking to reclaim the $4k price level. Analysts forecast the price of ETH could reach $5k this December.
Meanwhile, whales have gone on an accumulation spree. They are buying millions worth of Ripple (XRP) and IntelMarkets (INTL) in anticipation of a bullish upsurge. Analysts have tagged IntelMarkets as the best cryptocurrency to buy today because of its growth potential.
Ethereum (ETH) Predicted To Reach $5k By December
According to a recent tweet from Ali Charts, the volume of Ethereum (ETH) transactions in the past week has skyrocketed by 300%. The total volume hit a peak of $17.15 billion on Sunday, a sign of high activity from investors.
In another tweet, the analyst noted the Ethereum crypto has no major barrier preventing it from reaching a new peak. According to him, the only barrier is at $4,540.
The analyst forecasts the value of the Ethereum coin could reach a new peak if it holds the $3,560 support. Another expert called LSD predicts the Ethereum price could rally to $5k by December. They highlighted a major support around the $3,400-$3,600 level.
In the meantime, Ethereum’s (ETH) value has soared by 28.3% in the last month and 15.7% in the last two weeks. The cryptocurrency’s 14-day RSI has entered the overbought region, a sign that bulls are active. Its Fear and Greed Index is also showing extreme greed, signaling high interest from investors.
Ripple (XRP) Whales Buy 120M XRP, Analysts Forecasts Rise To $3.15
With a monthly gain of over 340%, Ripple (XRP) is one of the best-performing altcoins in the market right now. The cryptocurrency soared to $2.82 before dropping to its former levels. Data from CoinMarketCap shows the altcoin is consolidating between $2.2 and $2.6.
Meanwhile, Ali Martinez revealed that whales accumulated over 120 million XRP recently when the Ripple crypto price witnessed a minor correction. This increased whale accumulation could lead to a massive price surge in the coming weeks as trading volume rises.
Looking ahead, Cryptoknight890 forecasts the value of the Ripple coin could surge to $3.15 in the coming weeks. Meanwhile, Traderview2 told their followers the Ripple price must surpass the $2.67 zone to continue its uptrend. The chart accompanying the tweet showed XRP crossing the level to $2.85.
IntelMarkets (INTL) 20% Presale Bonus Entices Investors
IntelMarkets (INTL) is gaining a lot of attention in the crypto space with its presale. The price of its native token has increased by over 600%, from $0.009 to reach its new high of $0.064091. Interestingly, there is a 20% bonus for those who use the code “INTL20” when making deposits.
IntelMarkets is a perpetual futures trading platform that allows traders to make high profits using AI-based tools. The platform has AI bots that can carry out portfolio tracking and monitor trades in real time.
These bots can be customized to the trader’s objectives, capital, and risk tolerance. This flexibility makes IntelMarkets one of the best DeFi projects for trading. In addition, IntelMarkets is a dual-chain platform that operates on the Ethereum and Solana blockchain systems.
This feature allows users to cheap fees, fast transactions, and secure trades. Furthermore, IntelMarkets has other tools like advanced charting software, high leverage of up to 1000:1, multichannel analysis, etc.
Conclusion
Ethereum (ETH) is expected to hit $5k before the end of December. Meanwhile, Ripple and IntelMarkets have caught the attention of whales. They believe their prices could skyrocket to new levels in the coming months, making them the best coins to invest in now.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
