Can Shiba Inu and XRP Recover From Downtrend? DeFi Coin Poised for 10x Epic Rally

After a long bearish period, Shiba Inu and Ripple are currently attempting to bounce back from their recent declines.

They have recorded little price spikes on the weekly chart. Meanwhile, a new DeFi project called IntelMarkets is expected to skyrocket by 10x soon.

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IntelMarkets (INTL) is a new-generation crypto trading platform that has attracted a lot of investors willing to use advanced trading tools. Offering trading bots, cross-chain capabilities, and market analysis, IntelMarkets is set to become the next big thing in the DeFi market.

Shiba Inu (SHIB) Soars on Weekly Chart

Over the last month, the SHIB price has been on a downtrend. It had fallen from a peak of $0.000025 to a low of $0.0000125. Fortunately, positive sentiment has returned to the SHIB price chart. The Shiba Inu coin is among the top memecoins that are staging a potential comeback.

According to data from CoinMarketCap, the SHIB price has risen by 2.2% on the weekly level. The SHIB price is currently trading between $0.000016 and $0.000017. However, the SHIB price must reclaim the $0.00002 region to increase the confidence of investors.

Shib Spain forecasts the SHIB price could surge to $0.000034 in the coming weeks. The analyst advised holders to remain positive. Another expert called SHIB KNIGHT forecasts the SHIB price might skyrocket to $0.000019. They say the recovery of Bitcoin could spark a price rally for the Shiba Inu crypto.

Ripple (XRP) Faces Strong Resistance

Ripple (XRP) is one of the top altcoins expected to soar in the coming months. The XRP price has been consolidating along the $2 in the past few days due to the downtrend in the market. CoinMarketCap data reveals the XRP price has plummeted by 20.9% on the biweekly level.

However, the XRP price has risen by 0.2% in the weekly timeframe. The latest upsurge comes due to the growing interest in a Ripple ETF. If the uptrend lingers, the XRP price might surpass the $2.50 resistance. On the other hand, a downtrend could pull the XRP price to test the lower support at $2.25.

Right now, the coin’s technical analysis shows that the Hull Moving Average (9) and Average Directional Index (14) indicators are bullish. They point towards a potential XRP price rally in the next few days. Meanwhile, Ali Martinez presumes that the XRP price must have broken out of a symmetrical triangle. He says the XRP price might surge to $15 in the long term.

IntelMarkets (INTL): The AI-Powered Trading Platform Set To Revolutionize Crypto Trading

IntelMarkets (INTL) is an AI-based platform that is developed to provide traders with the best results, higher profits, and more time for other activities.  This change centers on its AI trading robots, called Intelli-M™.

These bots are autonomous, real-time data analysis devices capable of analyzing one hundred thousand data inputs per second. Some of the functions that these bots perform include tracking prices, identification of entry and exit points, and even use of stop loss to avoid losses. These bots do not feel and can place trades very fast.

Meanwhile, IntelMarkets does not have a KYC process. It has fewer identity verifications than most trading platforms, no lengthy processes to go through, and is much more private. This is a perfect solution for those traders who want privacy.

The presale is already on the move and millions of INTL tokens have been sold. The current price is at $0.082. With the increase in demand, IntelMarkets has raised $9.1 million in funding. Those who are sitting on the fence should make their move before it is too late.

IntelMarkets Emerges As the Best Crypto To Hold

While Shiba Inu and Ripple are still struggling to show a clear uptrend, the real potential is in new-generation projects such as IntelMarkets. This DeFi coin is on the verge of a major breakout and has great potential to grow. It has been tagged as the next 10x crypto to invest in.

For more information about IntelMarkets (INTL) visit the links below:

Presale: https://intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

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Alexander Stefanov