Analysts’ Best Three Altcoins To Boost Your Portfolio This Year — Ethereum (ETH), Ripple (XRP), IntelMarkets (INTL)
The best analysts in the crypto space have picked three top altcoins that investors should add to their portfolios this year. They include Ethereum, Ripple, and IntelMarkets. In recent news, Commerzbank has partnered with Crypto Finance to launch Ethereum (ETH) trading services for its clients.
In other news, a crypto analyst has discovered a 7-year bullish pattern on the Ripple (XRP) chart, which could lead to a price surge. Meanwhile, IntelMarkets has raised over $455k in funding and is closer to clinching half a million in funds raised.
Global banking giant Commerzbank has entered into a partnership with Deutsche Börse’s subsidiary Crypto Finance. With this collaboration, Commerzbank will be able to extend Bitcoin and Ethereum (ETH) trading to its clients.
This move is part of the bank’s goal to meet the rising demand for crypto assets by its clients in Germany. In other news, the Ethereum coin is still fluctuating between $2.2k and $2.8k in the monthly timeframe. However, the ETH has made a notable achievement, soaring above the 50-day SMA at $2,545.19.
Despite the negative sentiment in the market, Ethereum crypto has recorded 15 green days in the past month, making it a tie between bears and bulls. Going forward, CryptoPatel forecasts that the Ethereum price could pump to $5500-$6000 in the coming months.
One of the popular crypto analysts, Armando Pantoja, recently posted a technical analysis of Ripple (XRP) on X, supported by two charts of what he describes as a very rare but very powerful 7-year bullish pennant pattern.
He maintained that this pattern may lead to a big breakout for Ripple (XRP) in the near future and that this may be one of the most massive price surges for Ripple XRP in the year. In the meantime, the altcoin price is consolidating between $0.5 and $0.625 on the 30-day chart.
Analysts forecast the price of the Ripple token could pump to $0.749029 in the coming coming months. Although the coin has experienced some losses in the past month, its technical indicators are still bull. The Ripple price is still trading above the 50-day SMA ($0.56567) and 200-day SMA ($0.549646).
IntelMarkets (INTL) is also another altcoin that investors should add to their portfolio this year. The project is currently at the second stage of its presale and is worth $0.018. Analysts forecast IntelMarkets’ price could increase by 100% before the end of this year. IntelMarkets is a DeFi project that seeks to combine blockchain and the world of decentralized finance with AI.
According to Statista, the AI market is expected to reach $826 billion by 2030, which has huge potential for innovative projects in the sector. IntelMarkets wants to launch a new generation crypto trading platform that will allow users to trade cryptocurrencies using AI bots and advanced trading tools.
The AI bots, which are self-learning, can be used to manage trades based on risk allowance, monitor market movements, and predict price targets. Also, IntelMarkets’ Intell-Array™ monitoring system will allow investors to receive one signal backed by thousands of data points. This will make trading decisions easier for investors.
From the article, analysts are very bullish about Ethereum (ETH), Ripple (XRP), and IntelMarkets, expecting the prices of these cryptocurrencies to increase in the coming months based on their current momentum. Meanwhile, IntelMarkets is forecasted to end the year on a bang, with analysts expecting gains of up to 10x.
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
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