.png){kind=logo}
According to Santiment, crypto whales have been on a dumping spree in the last few days. They sold 60 million XRP in one day and then sold 70 million ADA in two days. This massive sell-off of Ripple (XRP) and Cardano (ADA) has caused panic in the market.
Nevertheless, large investors are diverting their investments to a potentially juicy new target called IntelMarkets (INTL). The coin recently raised its gains to 800% amid the correction in the market. Given its AI integration and strong market performance, the value of INTL could rise 10x in Q1 2025.
Ripple (XRP) has retraced to lower levels after a massive pullback on the weekly timeframe. CoinMarketCap data shows the value of the Ripple coin has dipped by 2.2%. This price decline comes after whales sold over 60 million XRP on January 8.
Unfortunately, the reason for the sell-off is unknown. It could be investors simply taking a profit. Nevertheless, analysts are still bullish about the Ripple token. Steph is crypto told his followers that the XRP price could pump hard after Trump enters office on January 20.
He posted a chart that showed the price of the Ripple crypto soaring to $4 and then $45 in the long term. In another tweet, Steph is crypto noted that the next three months might be bullish for Ripple (XRP).
In other news, Ripple's stablecoin, RLUSD, has been listed on Bistamp. The listing comes after news revealed that the cross-border payment company has partnered with Chainlink to increase the stablecoin's utility.
According to data from Santiment, Cardano (ADA) is under bearish pressure. Ali Martinez who posted the chart on X noted that whales have sold over 70 million ADA in the past two days.
This selling pressure has affected the trajectory of the Cardano coin. Price information from CoinMarketCap shows the value of the Cardano token has fallen below the $1 mark.
Nevertheless, it remains bullish on the biweekly level with a price increase of 3.9%. Looking ahead, CW, a cryptocurrency analyst, has noted that Cardano crypto is in an ascending channel on the chart.
If the cryptocurrency rises to the channel’s apex, CW predicted ADA’s price could reach $25-$30. In the meantime, technical analysis reveals that a price rebound could occur soon. The relative strength index remains above the midline, signaling bullish action.
IntelMarkets (INTL) is one of the top crypto coins that has withstood the ongoing price correction in the market. The value of its native token, INTL, has risen by more than 800% to reach its current price of $0.082455. If it continues at this growth rate, $INTL could trade above $1 this quarter.
Also, IntelMarkets has raised over $6.6 million, signaling more investors’ interest. At its core, IntelMarkets equips traders with advanced trading tools, such as the unique Intelli-M multi-channel analysis tool. This tool can handle more than one hundred real-time data feeds and gives traders precise and timely buy/sell signals.
In addition, IntelMarkets provides users with AI-driven trading bots that can replicate existing trading strategies, adjust to the trader's risk appetite, and learn from previous trades. These bots make it one of the best trading platforms for new traders.
Understanding the dynamics of threat, IntelMarkets has adopted Route X21, a new protocol to protect it from future quantum computing attacks. Equipped with advanced tools and enhanced security, IntelMarkets is set to change the future of crypto trading by helping traders succeed in the volatile crypto environment.
In summary, whales are moving their investments from Ripple (XRP) and Cardano (ADA) and are turning to IntelMarkets. The AI frenzy has caught their attention and they are betting big on IntelMarkets to lead the next bull run. Smart investors are already taking advantage of the low entry price in the crypto ICO stage to stock their portfolios.
Presale: https://intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
