Ripple (XRP), the cross-border payments token, has broken out of a W pattern that could push its price to $30 in the coming months. Whales stockpiled large amounts of altcoin, purchasing over 100 million XRP.
Meanwhile, Solana (SOL) and this AI coin called Intel Markets (INTL) are aiming for new price levels. While analysts estimate that SOL could soon reach $304, INTL could see its price increase 20 times to exceed $1 before this bull cycle ends.
Ripple (XRP) Whale Accumulation Rises, Analysts Foresee $30 Target
In a recent tweet, Ali Martinez reveals that whales are taking advantage of this current bearish trend. According to him, they bought more than 100 million XRP. The analyst even mentioned a similar accumulation in a previous tweet last week.
Brett, another analyst, pointed out a huge whale transfer on the Upbit exchange. They noted that a Ripple coin holder transferred over 21 million XRP to an unknown wallet. This whale buildup could mean a price surge is underway.
LeviRietveld predicts that the value of Ripple crypto could reach $30 in the coming months. He noted that Ripple (XRP) broke out of a W trend at the monthly level. We could therefore see upward movements in the coming weeks.
Currently, the Ripple token is trading between $1.98 and $2.64 on the weekly chart. Price information from CoinMarketCap shows that the cryptocurrency fell 11.4% during this period.
Solana (SOL) bounces off major support
Solana coin has been on a downtrend for seven days. Data from CoinMarketCap indicates that its price fell by 5.4% on the weekly chart and by 4.2% on the monthly level. In the meantime, there is hope for Solana (SOL) supporters.
The altcoin price just bounced off the $200 support and started an uptrend. If the rally continues, Solara price could reach its old highs in the coming weeks. A trader called Nihilus predicts that this uptrend could take SOL to $304.
Another expert called CryptoBusy notes that the Solana crypto has formed a double bottom pattern on the 1-hour chart. They expect the altcoin to climb to $232 in the coming weeks. Meanwhile, Ali Martinez gave a very optimistic prediction for the Solana coin. He predicts that the DeFi token’s value could reach $4,000 based on a cup and handle model.
IntelMarkets (INTL) democratizes access to the best trading tools
Intel Markets (INTL) raised over $4.1 million in funding, which is a major achievement. Through the use of artificial intelligence and blockchain, IntelMarkets opens access to sophisticated trading tools to experienced traders and novices alike.
Its AI trading robots can analyze large volumes of market data and make decisions that exceed human capabilities. This advanced technology helps traders in decision making. Additionally, the platform provides tools to perform complicated operations.
These tools are easy to use and even new traders in the market can use them to implement complex trading strategies. IntelMarkets also uses blockchain technology to secure transactions. This gives traders confidence that their money and information is safe, protecting them from losing their resources.
Additionally, IntelMarkets creates a community of active traders who can exchange information and ideas, cooperate and make profits together. It has copy trading tools that beginners can use to imitate the trade of tested experts. The current price of the token is $0.064091. Analysts estimate that this figure could increase 20-fold in the coming months.
Final Thoughts
The top cryptos to watch in the coming weeks are Ripple (XRP), Solana and IntelMarkets. Analysts predict that their prices could reach new levels in the coming weeks. While Ripple could reach $30, IntelMarkets could offer holders up to 20x ROI, making it the best cryptocurrency investment right now.
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