AI Coin Rises 900% Amid Market Crash, Ripple and Shiba Inu Takes Major Hit

The Ripple price has witnessed notable volatility in the past few weeks, causing panic among investors. Similarly, the Shiba Inu price has dipped from the $0.000015 level as selling pressure increases. On the other hand, the value of IntelMarkets (INTL), an AI-based coin, has risen by 900% over the past months.

The cryptocurrency market has seen significant shifts in recent times, leading to panic among investors. In particular, the Ripple price has been on a downtrend and could be breaking out to the downside in the coming days.

At the moment, CoinMarketCap data indicates the Ripple price is trading close to the $2.81 level. The Ripple price has risen by 33.5%, after the latest XRP market recovery.

The technical indicators are currently bearish and point towards more Ripple price decline. For instance, the Fear and Greed Index shows fear, which means investors are losing interest in the Ripple coin. This could be a good time for investors to hop on new altcoins like IntelMarkets (INTL), which is tapping into AI, which is worth over $184 billion.

On the other hand, the value of IntelMarkets (INTL), an AI-based coin, has risen by 900% over the past months. The DeFi project has been gaining a lot of attention due to its AI trading bots, which seek to make trading much easier for users. To enjoy this feature and more, the INTL coin is a must-have for every trader. As the adoption rises, the price is expected to skyrocket by 10x in the coming months.

Also, Shiba Inu price has dipped from the $0.000015 level as selling pressure increases.

Ripple Price Could Fall Further As PDI Indicator Hits Overbought Levels

Ali Martinez notes the Ripple price has been trading in an ascending channel. The analyst expects the Ripple price to fall out of the downtrend to $1.65. At the moment, the technical analysis indicates the Ripple price could continue lower.

The Average Directional Index (14) and the MACD (12,26) are in the bearish territory, which means that the sellers are in control and the trend is down. The Stochastic Relative Strength Index (9,1,1) is oversold, which means that the Ripple price could bounce back up in the coming days.

The Parabolic SAR indicator is also in the selling territory, which confirms the bearish trend. However, the Hull Moving Average (9) indicator is in the buying territory which shows that the bulls are still fighting for an uptrend.

Shiba Inu Price Drops As Fear and Greed Index Shows Extreme Fear

The Shiba Inu price has witnessed more decline on the price charts. CoinMarketCap data shows the Shiba Inu price drop began after it met with resistance around the $0.0000155 region.

The Shiba Inu price has currently plummeted to the $0.00013 level, a region it dropped to on February 3. However, more bearish pressure could push the Shiba Inu price to the $0.000010 level.

CryptooELITES forecasts the Shiba Inu price could rally to $85171 in the coming months. Another analyst called SHIB Mortal notes the Shiba Inu price could skyrocket if gains momentum.

Technical analysis shows the Shiba Inu price could drop lower. Investor sentiment is currently at its lowest; the Fear and Greed Index shows fear. Also, the VWMA (10) and Average Directional Index (14) indicators are in the selling territory which means that bears are in charge.

However, the Hull Moving Average (9) indicator is in the buying territory which shows that bulls are still fighting for an uptrend.

Shiba Inu Price Chart (4 Hour)

Shiba Inu (SHIB) trades at $0.0000131 as of 07:05 ET on Friday, down 6.3%.

Shiba Inu Is Down Despite Recent Gains

The recent rally in the Shiba Inu price has stalled, and the SHIB token is now trading in the red. This move comes as crypto prices continue to flounder amid a broader risk-off mood.

Shiba Inu has been performing poorly in 2024, and its price is down by 29% since the start of the year. The token is also down by 89% from its all-time high, which was reached in October 2021.

Shiba Inu is a popular meme coin that is known for its strong community. The token has been the subject of much hype in recent months, but it has yet to translate into sustained price gains.

Investors who are looking for altcoins with high potential might want to consider IntelMarkets (INTL). The AI-based coin has seen its price soar by 900% in recent times.

IntelMarkets Is Gaining Attention For Its AI Trading Bots

IntelMarkets (INTL) is a DeFi project that is aiming to make trading much easier for everyone. The project’s core offering is its self-learning AI trading bots, which can scan market data and execute trades without any human intervention.

This feature is expected to be a huge