The Dogecoin price is hovering around the $0.20 mark. It seems the memecoin is about to break this level downwards and possibly go lower. However, while DOGE is battling with bears, there is a new giant in the market called IntelMarkets (INTL).
This is not just another altcoin; it is an AI-driven crypto that is set to disrupt Ethereum’s reign in the crypto market. The DeFi project mixes the security and dApp features of Ethereum with the speed and low fees of Solana to give investors access to fast transactions at low cost.
The Dogecoin price just bounced off the $0.19-$0.2 support after a major decline in the last few days. Data from CoinMarketCap shows that bears have been in control, forcing a 17.8% decline on the weekly timeframe and 42.0% on the monthly level.
Going forward, the Dogecoin price could fall to $0.19 if the downtrend continues. On the other hand, it could rise to test the resistance at $0.25 if more buyers enter the market. Looking ahead, CryptooELITES notes the Dogecoin price is starting its big move.
The analyst notes the meme coin is forming a cup-and-handle pattern on the Dogecoin price chart. They forecast the Dogecoin price could surge to $0.75 and $1.5 in the next few weeks. On the other hand, Ali Martinez forecasts the Dogecoin price could drop to $0.06 if it falls below the $0.19 level.
Over the past week, the ETH price has been consolidating between $2.3k and $2.8k. The cryptocurrency noticed a sharp decline, after failing to cross the $2.8k level. CoinMarketCap data indicates the ETH price has plummeted by 10.0% and 26.6% on the weekly and monthly timeframes.
Meanwhile, CryptoGoos notes the ETH price has hit rock bottom. He told his followers the ETH price is oversold, signaling a potential uptrend. CryptoGoos expects the ETH price to skyrocket to $3k in the coming months. In another tweet, Crypto Rover notes the current downtrend in the market is the last ETH price shakeout.
Afterward, the expert expects the ETH price to mirror the 2021 chart and skyrocket to $8k. However, the altcoin price must break out of the current triangle pattern it is trading in. Falling out of the triangular pattern could cause a downtrend in the subsequent days.
While the Dogecoin price is trading in a tight corner, investors have been seeking other altcoins that have high growth potential like the INTL. IntelMarkets (INTL) has attracted much attention and has collected more than $10.8 million during the crypto ICO stage with a price of only $0.091.
This great fundraising demonstrates investors believe in the platform’s unique approach to cryptocurrency trading. One of the main components of IntelMarkets is the AI Agent Marketplace, which is the first decentralized marketplace for buying, selling, and trading AI agents.
These agents are also suitable for different investment plans and risk management abilities to help them improve their trading. Accompanying this marketplace are IntelMarkets' AI trading bots called Intelli-M™. These bots are data-driven and can process more than 100,000 data points from more than 10,000 platforms to find the best trading opportunities.
The bots can also change as the market changes, thus providing traders with an advantage in the volatile crypto market. IntelMarkets’ ongoing successful presale shows it has potential for growth. Also, its innovative AI tools make the INTL coin a promising investment as it is a major part of the IntelMarkets ecosystem.
While the Dogecoin price struggles to hold the price above $0.20 and Ethereum faces increasing competition, IntelMarkets is quickly becoming the new generation of smart trading. With AI as its foundation and increased investor attention, INTL is not only a follower of trends but a trendsetter. Its price is expected to skyrocket by 15x in the next few weeks.
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
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