Massive rally ahead for Dogecoin and this unique token as Ethereum eyes $5k

Ethereum targets $5,800, while Dogecoin and IntelMarkets, an AI coin in presale, are poised for significant gains.

The crypto market has been on an uptrend, but crypto experts expect that the coin’s many top altcoins to pick up more pace over the next few weeks. Ethereum (ETH) is aiming for $5,800 after breaking out of a head and shoulders pattern.

Meanwhile, Dogecoin (DOGE) and a new AI coin called IntelMarkets (INTL) could see huge gains in the coming months. IntelMarkets is just in the sixth stage of its presale and has raised over $2.6 million.

Dogecoin eyes $1 after golden cross formation 

Krisspax a leading expert, has noted that Dogecoin is displaying very bullish signals. According to him, the Dogecoin crypto has formed a new Golden Cross in the MACD averages below the zero level. 

This technical pattern is a bullish signal, which means the memecoin could surge to new levels in the coming weeks. With this positive charting formation, Krisspax believes the Dogecoin token could see an upward movement to $1. Such a potential surge makes DOGE one of the best meme coins to watch. 

Meanwhile, Dogecoin’s price is attempting to climb above the $0.5 mark. CoinMarketCap data reveals it has gains of 10.5% and 139.0% on the biweekly and monthly levels. The cryptocurrency has a long way to go before it can cross $1.

IntelMarkets eyes $1, following 500% price pump

IntelMarkets caught the eye of investors following its 500% price pump to reach a price of $0.0549. Because IntelMarkets is set to transform the crypto trading space, experts expect INTL to reach $1 in the months ahead. One of the main features of IntelMarkets is the use of artificial intelligence in trading bots. These bots are created to help traders make automated trades. 

The bots can analyze market conditions and make changes to trading strategies in real-time. So, IntelMarkets’ AI bots are far more precise than any manual trader. This automation enables traders to take advantage of the opportunities at any one time without having to sit in front of the computer all the time. 

Besides the AI trading bots, IntelMarkets also has a reasonable fee structure that is important to traders in order to minimize their trading costs. It also has a no-KYC policy, which means that the identity of the users is not revealed when they are trading. This removes the stressful process of identity verification, thus allowing users to get started easily.

IntelMarkets has also had its smart contracts audited by Cyberscope in order to ensure that its smart contracts are safe from hacks. This audit helps to build trust in the platform and gives traders confidence in the fairness of their transactions. 

Ethereum breaks out of H&S pattern

Trader Tardigrade told his followers in a recent tweet that Ethereum has broken out of an inverse Head and Shoulders pattern. He said a retest to the $3,538-$3,445 range may be the last signal to enter these lower levels before the Ethereum coin skyrockets.

With this breakout in place, the altcoin price is likely to explode to a new all-time high. Trader Tardigrade forecasts a target of $5,800 for the altcoin in the coming weeks.

Meanwhile, the sentiment around the Ethereum ETFs has improved. Over $200 million has flown into the ETF in the past week. Also, the VWMA (10) and Hull Moving Average (9) are flashing buy signals that support an uptrend.

At the moment, the Ethereum price is trading above the $3,500 mark. There are profits of 6.0% on the weekly chart and 34.0% on the monthly level, according to CoinMarketCap. 

Final Thoughts 

The crypto market is expecting big price movements from Ethereum, Dogecoin, and IntelMarkets. Investors who are searching for the best coins to invest in can consider these giants, especially the presale project IntelMarkets.

For more information, visit the IntelMarkets presale website and join the community on Telegram and X.

This article first appeared at crypto.news