Cryptocurrency

When Will Gary Gensler Leave? XRP Traders Eye January for 300% Rally, But FLOKI and INTL Are Already Pumping

IndustryTrends

Ripple (XRP) has been struggling in the market owing to its battle with the SEC. However, with the Gary Gensler tenure coming to an end, the coin is set to touch new highs. Analysts anticipate huge ascending patterns for Ripple (XRP) eyeing a 300% rally. While anticipation surrounds Ripple (XRP), IntelMarkets (INTL), and Floki Inu (FLOKI) are already increasing massively in this bull run!

Ripple (XRP) To Soar 150X: Bulls Take Control!

As of November 7, 2024, Ripple (XRP) is priced around $0.51. Recent moves in the Ripple (XRP) price have made many curious about the potential for a huge leap. Today, the Ripple (XRP) price is testing key resistance levels, and a breakthrough could lead to significant price moves.

Technical signals for Ripple (XRP) show a mixed signal. The Relative Strength Index (RSI) for XRP is about 41, showing bearish pressure, though not an oversold condition yet. If Ripple (XRP)  falls below $0.488, it could face more declines, possibly going down to $0.43. On the other hand, if XRP USD stays above this support, a breakout could still happen, aiming for $0.63 shortly.

Adding to the Ripple (XRP) news, Ripple’s ongoing legal case impacts XRP stock. Ripple won a partial victory, with a court ruling that the XRP coin isn’t a security. However, the appeal and overall market conditions add uncertainty.

Analysts think that if XRP breaks the $0.55 resistance, it could rally by about 30%. Ripple (XRP) continues to be a major player in crypto, with an anticipation of a 150-times leap.

FLOKI Price Performance Looks Promising

FLOKI’s price rose 14% on Wednesday, closing above its 50-day EMA at $0.00013 after finding support around its daily level of $0.00011 on Monday. At the time of writing FLOKI is seen hovering around $0.00014.

If the 50-day EMA at $0.00013 holds as support and FLOKI closes above the daily resistance at $0.00015, it could extend the rally by 20% to retest its July 27 high of $0.000188.

The RSI on the daily chart reads 53, above its neutral level of 50, indicating that bullish momentum is gaining traction. Additionally, the MACD indicator on the daily chart is about to flip a bullish crossover on Thursday.

However, if the 50-day EMA at $0.00013 fails to hold as support, FLOKI would extend the decline to retest its daily support at $0.00011. Thus, the overall sentiment surrounding FLOKI is highly bullish at present, outshining the potential Ripple (XRP) rally.

IntelMarkets (INTL): Huge Growth Prospects

IntelMarkets (INTL), an emerging AI altcoin, is at the heart of the current market buzz. With the AI sector set to lead the upcoming bull run, investors have been betting on new AI tokens, with INTL topping the list. Its AI-DeFi narrative and significant upside potential make it arguably the best new crypto to invest in.

Taking a unique approach, its AI-powered trading platform will be a shift from the norms in the $264 billion crypto trading market. The ecosystem will be powered by an AI-based blockchain and its advanced tools will help users analyze millions of data points to find profitable trends.

On the cusp of exploding, a token is priced at $0.045 in the fifth ICO stage, which presents a low entry. Meanwhile, compared to the modest growth prospects of other established players, INTL’s 100x upside potential by 2025 is staggering.

IntelMarkets aims to bring something new to crypto trading. It will do this by launching the very first AI-powered smart trading platform. People will get benefits that only AI technology can bring. For instance, unlike traditional trading robots, the Intelli-M™ robots will self-learn and improve their performance over time.

The expected launch price of the INTL token is $0.15, which is a big 233% surge. Those looking to capitalize on this growth and get up to 30% discounts on trading fees and governance voting rights are now rushing to buy this altcoin in the presale phase.

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