The crypto market has enjoyed a lot of attention in the past few weeks as many top crypto coins soared to multi-year highs. Unfortunately, Ethereum (ETH) has been showing a lackluster performance, but that is about to change.
VentureFounder forecasts the value of Ether could reach $7k in the coming weeks. Also, Dogecoin (DOGE) is expected to rally to $0.6500. Meanwhile, IntelMarkets (INTL) has stolen the spotlight with its potential 10x price surge.
Ethereum (ETH) Forms Cup and Handle Pattern, Could Skyrocket To $7k
In a recent tweet, a top expert called VentureFounder predicted the value of Ethereum (ETH) could skyrocket to $7,346. According to him, the altcoin has been forming a giant cup and handle formation since November 2021.
A breakout could push the Ethereum price to a new peak. VentureFounder told his followers to watch out for a breakout above $4,300. Surpassing this level would mean the Ethereum coin is ready to skyrocket.
In the meantime, the cryptocurrency is showing green across the different timeframes. CoinMarketCap price data reveals the value of the Ethereum token has pumped by 9.4% in the past week. Also, it has risen by 18.8% on the 14-day timeframe and 48.5% on the 30-day chart.
The technical indicators of Ethereum (ETH) are also bullish. The relative strength index, for instance, is above the midline. This means that bulls are in charge of the market and could spark an upsurge soon.
Dogecoin (DOGE) Eyes Potential Breakout To $0.6500
Dogecoin (DOGE) continues to trade above the $0.4 support after bears failed pullback attempt to $0.39. The memecoin has been consolidating within a narrow range since November 29. A breakout from this range could spark the rally the entire market has been looking forward to.
At the moment, the Dogecoin crypto has a price increase of 6.6% on the weekly chart. There are also increases of 171.1% on the monthly level and 380.7% on the yearly timeframe. Looking ahead, the Dogecoin price prediction in the market is optimistic.
ALTSTREET BETS forecast the Dogecoin token is ready to run again. The analyst predicts a price surge to $0.6500 could occur in the coming weeks. Also, Scofield told the DOGE community to remain patient. He posted a chart that showed the value of the token rising to $0.500. The coin’s 14-day RSI is above 60 and supports this potential rally.
IntelMarkets (INTL) Taps Into Billion-Dollar AI Industry for Better Trading Experience
The AI market has grown significantly this year and is now worth $638 billion, making it one of the top industries in the world. IntelMarkets (INTL) could own a huge market share in this sector with its AI-based trading platform. It is among the first exchanges to adopt the use of AI in the trading of cryptocurrencies.
The most significant advantage of IntelMarkets is its Intell-Array™ monitoring system. The tool can analyze more than a hundred technical streams to provide the most accurate buy and sell signals. With this tool, traders can quickly get all the knowledge they need to make better decisions and succeed in the market.
Also, it has an AI-based trading bot that can follow the risk profile and needs of every user. These bots can trade efficiently, open a trade to capture profit, and close a trade to avoid losses.
At the moment, the INTL coin is trading at $0.064, following a price pump of more than 600%. The project has also raised over $2.7 million and could rise even higher. As the AI market remains on an upward trajectory, analysts believe the INTL coin could grow by more than 10x to pass $0.6.
Final Words
While Ethereum (ETH) is setting its path towards a possible $7k, analysts expect Dogecoin (DOGE) and IntelMarkets to reach new levels. They are among the best cryptos to invest in now and make a good investment choice for investors.
Discover More About IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets