The altseason hype is getting louder as the market prepares for the next leg up. The focus of investors is currently on Ethereum (ETH) and IntelMarkets, an AI-based crypto gem with high growth potential. Although Ethereum remains the market leader, IntelMarkets (INTL) is attracting investors’ attention with the help of its AI-powered trading platform.
INTL’s price could increase to $1 in the coming months. Meanwhile, the current bearish trend of Shiba Inu (SHIB) has raised many eyebrows on whether it will recover. The value of the memecoin has dropped by 8.9% on the weekly chart.
Shiba Inu (SHIB) Downtrend Continues, Whales Buys 257.7B SHIB
Shiba Inu (SHIB) is currently losing its status as one of the top memecoins in the crypto market. It is yet to break out of its downtrend despite the small positive momentum in the general market.
CoinMarketCap data indicates the Shiba Inu price has plunged by 8.9% on the weekly timeframe. It has also dropped by 12.4% on the biweekly level and 14.7% on the monthly chart, signifying strong bearish control.
Nevertheless, Eric says the longer the Shiba Inu crypto remains in the dip, the higher its breakout target would be. The crypto enthusiast forecasts the price of the Shiba Inu token could rise to $0.00003 in the coming weeks.
Meanwhile, a top whale has added 257.5 billion SHIB to their portfolio amid the ongoing downtrend. The whale has been taking advantage of the downtrend to increase their holdings, which stands at $477.5 billion SHIB currently.
Ethereum (ETH) Poised for a Major Explosion
Ethereum (ETH) has shown resilience in the past few weeks despite pressure from bears. The $3k support has refused to cave in keeping the hope of a potential price alive. CryptoCaesarTA told his followers in a recent tweet that the Ethereum coin was undervalued.
They forecast the altcoin price could jump to a new all-time high soon. In a previous tweet, the analyst said the Ethereum price might explode to $13,500 in the coming months.
Meanwhile, another expert called Trader1PA has highlighted a falling wedge pattern on the Ethereum price chart. They forecast the altcoin price might soar to $5k in the case of a breakout.
At the moment, the cryptocurrency has a major resistance around $3,500. CoinMarketCap data shows its value has decreased by 3.9% on the weekly timeframe and 6.3% on the monthly level. Nevertheless, we might see some upward movement in the coming weeks.
IntelMarkets (INTL), The Best User-Friendly Crypto Trading Platform
IntelMarkets (INTL), a new AI platform is set to redefine the trading concept in the global market. Unlike other platforms, IntelMarkets is based on AI technology and provides traders with an opportunity to make more profits from data-backed decisions.
The trading bots of IntelMarkets can learn from their mistakes and improve. In addition, IntelMarkets also has a dual-chain architecture. Following the Ethereum and Solana platforms, IntelMarkets aims to provide users with high-speed transactions at a low cost.
But that is not all. IntelMarkets empowers traders of all levels with a suite of game-changing features, including 1,000:1 leverage, high Liquidity, and copy trading. Furthermore, IntelMarkets does not demand any identification of the client, which makes the trading completely anonymous.
The native INTL token has already caused a stir in the presale phase. It is currently trading at $0.082455 and has risen by more than 800% in the past months. Interestingly, IntelMarkets has launched a 50% bonus for those who buy the INTL coin using the code “REVAMP.”
Top Altcoins To Buy Ahead of the Altseason
While Ethereum (ETH) is building up steam and Shiba Inu is unable to turn the tide around, IntelMarkets is becoming the coin to watch during the altseason. Its AI-powered trading solutions and low market cap make it a better crypto with allowance for growth.
For more information about IntelMarkets (INTL) visit the links below:
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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