The crypto market has received a lot of attention over the past few weeks as many top crypto coins have reached multi-year highs. Unfortunately, Ethereum (ETH) has performed poorly, but that is about to change.
VentureFounder predicts that the value of Ether could reach $7,000 in the coming weeks. Additionally, Dogecoin (DOGE) is expected to rebound to $0.6500. In the meantime, Intel Markets (INTL) stole the show with its potential 10x price hike.
Ethereum (ETH) Forms Cup and Handle Pattern, Could Skyrocket to $7,000
In a recent tweet, a renowned expert called VentureFounder predicted that the value of Ethereum (ETH) could skyrocket to $7,346. According to him, the altcoin has been forming a giant cup and a handle since November 2021.
A breakout could push Ethereum price to a new high. VentureFounder told its followers to watch out for a breakout above $4,300. Surpassing this level would mean that the Ethereum coin is ready to soar higher.
Meanwhile, the cryptocurrency appears green on different time frames. Price data from CoinMarketCap reveals that the value of the Ethereum token increased by 9.4% over the past week. Furthermore, it increased by 18.8% on the 14-day period and by 48.5% on the 30-day chart.
Ethereum (ETH) technical indicators are also bullish. The Relative Strength Index, for example, is above the midline. This means that the bulls are in control of the market and could soon trigger a resurgence.
Dogecoin (DOGE) eyes potential breakout to $0.6500
Dogecoin (DOGE) continues to trade above the $0.4 support after the bears failed to attempt a breakout at $0.39. The memecoin has been consolidating in a tight range since November 29. A breakout of this range could trigger the rally the broader market has been eagerly awaiting.
Currently, the Dogecoin crypto has a price increase of 6.6% on the weekly chart. There are also increases of 171.1% at the monthly level and 380.7% at the annual level. Looking ahead, Dogecoin market price predictions are optimistic.
ALTSTREET BETS predicts that the Dogecoin token is ready to operate again. The analyst predicts that a price rally up to $0.6500 could occur in the coming weeks. Scofield also asked the DOGE community to remain patient. He posted a chart showing the token’s value reaching $0.500. The coin’s 14-day RSI is above 60 and supports this potential rally.
IntelMarkets (INTL) Taps the Billion-Dollar AI Industry for a Better Trading Experience
The AI ​​market has seen significant growth this year and is now worth $638 billion, making it one of the leading industries in the world. Intel Markets (INTL) could hold a huge market share in this sector thanks to its AI-based trading platform. It is one of the first exchanges to adopt the use of AI in cryptocurrency trading.
The most important advantage of IntelMarkets is its Intell-Array™ monitoring system. The tool can analyze over a hundred technical feeds to provide the most accurate buy and sell signals. With this tool, traders can quickly gain all the knowledge they need to make better decisions and succeed in the market.
Additionally, it has an AI-based trading bot that can track the risk profile and needs of each user. These bots can trade efficiently, open a trade to make a profit, and close a trade to avoid losses.
Currently, INTL coin is trading at $0.064, following a price rally of over 600%. The project also raised more than $2.7 million and could even reach an even higher amount. As the AI ​​market remains on an upward trajectory, analysts believe that INTL coin could surge more than 10x to surpass $0.6.
Last words
As Ethereum (ETH) heads towards a possible $7,000, analysts expect Dogecoin (DOGE) and IntelMarkets to reach new levels. They are some of the best cryptos to invest in currently and are a good investment choice for investors.
Learn more about IntelMarkets:
Presale: https://intelmarketspresale.com/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets