The post Ethereum (ETH) Poised To Hit $6K, AI Coin’s Chances Of Hitting $1 First Rises As Dogecoin Plummets appeared on BitcoinEthereumNews.com.

With the new trends in the crypto market, IntelMarkets (INTL) is one of the best coins to invest in. It has weathered the ongoing downtrend in the crypto market, rising by over 810%. Its price is expected to rise by 20x before the end of this year, making it a top crypto to buy. Meanwhile, Ali Martinez forecasts the price of Ethereum (ETH) might pump to $6k soon. On the other hand, Dogecoin’s (DOGE) value has plummeted on the weekly and monthly timeframes. Trader Tells Dogecoin (DOGE) Holders To Stay Calm Dogecoin (DOGE) witnessed a massive pullback on Monday after over $2.2 billion was liquidated from the cryptocurrency market. CoinMarketCap data indicates the price of the Dogecoin crypto has decreased by 18.0% in the weekly timeframe. The memecoin is currently trading below the $0.3 mark which shows that bears are in control. Nevertheless, Trader Tardigrade has told his followers not to be discouraged by the latest pullback. He noted the Dogecoin price could surge to a new peak in the coming weeks. Tardigrade said that the downfall was a normal process that DOGE had to go through. He cited instances in 2016 and 2020 when the value of the Dogecoin token had plummeted. However, the downtrend did not last as a price surge soon followed. Trader Tardigrade predicts the value of the Dogecoin crypto might pump to $2.2 in the coming weeks. In the meantime, technical indicators like the Williams Percent Range (14) and Hull Moving Average (9) are flashing buy signals, supporting a small uptrend. Ethereum (ETH) Might Soar To $6k-$8k Soon Ethereum (ETH) is currently showing red across all timeframes after a massive decline in the past week. Price data from CoinMarketCap reveals the value of the altcoin has plunged by 15.5% in the weekly timeframe. It has…

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Filed under: News - @ February 4, 2025 10:26 pm