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Home Blockchain

Market Watchers Predict $2 Retest For XRP: Why IntelMarkets Blasts Up While Dogwifhat Price Slides

by DigestWire member
December 20, 2024
in Blockchain, Crypto Market, Cryptocurrency
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Market experts have been heavily fixated on two altcoins awaiting their bullish trajectories. These are Dogwifhat (WIF) and IntelMarkets (INTL), which also draw in XRP investors. The bearish price trajectory of Ripple has compelled XRP investors to shift to these altcoins as they promise better gains than Ripple. Dogwifhat (WIF) is set to provide massive gains while INTL’s presale raise of $5 million acts like a magnet.

Ripple News: Is XRP Still A Good Investment?

Ripple’s native cryptocurrency, XRP, has been a standout performer in the crypto market, surging nearly 500% from $0.50 to $2.60 in recent months. Despite this remarkable growth, Ripple has come under fire in a video titled “Everything That’s Wrong With XRP,” sparking debate within the crypto community.

The author argued that XRP’s original role as a bridge currency for cross-border payments has been overshadowed by stablecoins, which offer more stability. Ripple’s recent launch of its stablecoin, RLUSD, has added fuel to this claim.

Ripple currently holds over 38 billion XRP tokens and has been selling them to fund operations. This centralization, according to the author, poses risks to XRP’s long-term value. The recent slump in the Ripple price has pulled the XRP token down by over 5%, making the experts believe that the XRP token is going to touch the $2 level.

Dogwifhat (WIF) Could Bounce From Support

Dogwifhat (WIF) is currently trending bearish, with key support levels at $3.00 and $2.89 and resistance zones at $3.20, $3.29, and $3.40. Technical indicators show Dogwifhat’s (WIF) Relative Strength Index (RSI) is at 43.2630, which is considered neutral.

WIF’s Commodity Channel Index (CCI) stands at -105.3984, signaling a buying opportunity for Dogwifhat (WIF), while its momentum is at −0.6793 and MACD level of −0.0634, hinting sell indications.

Meanwhile, Dogwifhat’s (WIF) growth to 100% depends on the coin’s ability to sustain bullish momentum, amplify its strong market interest, and ride the positive sentiment around Solana’s market performance.

Some analysts suggest that with Trump’s incoming administration in January 2025, the new term could most likely give a significant boost to the cryptocurrency market, as the president-elect is reportedly taking a pro-crypto stance.

Meme coins like Dogwifhat (WIF) have already proved they are strong contenders in the market, and with the potential “meme supercycle” approaching next year, Dogwifhat (WIF) could unlock more possibilities.

IntelMarkets (INTL): The AI Marketplace on Everyone’s Radar

IntelMarkets (INTL) is one of the most innovative projects this year through its AI-powered platform. IntelMarkets leverages artificial intelligence to bring traders real-time insights, predictive analysis, and automated strategies in trading. The Intell-M self-learning trading robots will allow users to process high volumes of data across multiple asset classes, giving them the edge over their competitors.

With features like up to 1000x leverage trading, automated robots, and exclusive trading opportunities, IntelMarkets is positioned as a powerhouse for traders looking for advanced solutions. Additionally, by using the INTL token, traders can get access to exclusive deals and copy trades from experts while paying lower fees.

One of the best performers in the year’s second half has been IntelMarkets. With over $5 million raised in the ongoing presale, its community of traders and investors is growing at a rapid pace. It exploded 700% from the initial price of INTL tokens, $0.009, to $0.073 in the 8th presale stage, outperforming other new ICOs. The platform’s AI-driven marketplace could transform the $264 billion crypto trading industry, with some experts predicting a 5x rally post-launch.

 

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/

Buy Presale: https://buy.intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

 

 

 

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