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Cryptocurrency News Articles
Top Coins Whales Are Accumulating for October Gains: Ripple (XRP), Tron (TRX), IntelMarkets (INTL)
Sep 25, 2024 at 08:00 pm
Whales are accumulating Ripple (XRP), Tron (TRX), and IntelMarkets (INTL) for potentially huge gains in October.
On-chain data reveals that whales are currently buying Chainlink (LINK), Tron (TRX), and IntelMarkets (INTL) in anticipation of a price rally by October.
Cryptolouca predicts that Ripple (XRP) could reach $0.8500, while analysts anticipate TRX might hit the year-to-date high of $0.1690.
After a 100% price surge this September, INTL is expected to skyrocket to $1 in Q4.
Whales are currently on a buying spree this September in anticipation of a price rally by October. The altcoins on their radar are Chainlink (LINK), Tron (TRX), and the top ICO, IntelMarkets (INTL).
Cryptolouca forecasted the value of Ripple (XRP) could surge to $0.8500, while analysts say that Tron (TRX) might reach the year-to- date high of $0.1690. The price of IntelMarkets is expected to skyrocket to $1 in Q4 after its 100% price surge this September.
30M XRP Moved From Upbit By Whales
In a recent tweet, Whale Alert, an on-chain data platform, revealed that 30 million XRP had left the Upbit Exchange. The funds left a wallet tagged “rDxJNb” to another wallet “r4186.”
Interestingly, this is good news for the Ripple (XRP) community, as withdrawals from exchanges are seen as a positive sign. They are a sign of accumulation from whales.
Presently, the Ripple price is consolidating above the 50-Day SMA ($0.56567) and 200-Day SMA ($0.549646), a sign that bulls are still in charge of market movements. The value of Ripple crypto has increased by 10% on the biweekly chart, placing it among the top altcoin gainers in the timeframe.
Analysts are very optimistic about the future of the token and believe October could bring more gains. Cryptolouca believes that the Ripple coin is gearing for a breakout and could reach $0.8500 in the short term.
Tron (TRX) Transaction Count Soars
As per Nansen, the transaction count on the Tron network has increased. The transactions stood at more than 8.2 million on Saturday, the highest point since August 27 and more than the 30-day low of 6.14 million.
Meanwhile, the Tron coin has also been stable above the 50-day SMA at $0.145455 in the past few weeks, while the Relative Strength Index is now above the 50-level. That is an indication that the Tron price could climb higher as bulls look towards the year-to-date high of $0.1690.
In a bullish scenario, Tron (TRX) could surpass this level by December, soaring on the growth of its ecosystem. Besides, the community just reduced transaction free by 50%, a move that could attract more users to the platform.
IntelMarkets Set for Massive Gains As It Transforms a Billion-Dollar Industry
According to research, the value of the crypto trading platform market is expected to be at $347 billion by 2030. In order to benefit from this growth, IntelMarkets (INTL) is creating a new smart trading platform that will provide traders with more efficient trading tools.
Also, the integrated features for trading will be the real-time market data and the advanced trading indicators that are suitable for a specific trader. The platform’s Intell-M™ Multichannel Analysis gathers information from more than one thousand technical sources, helping the trader to understand the underlying market trends.
In addition to this, IntelMarkets has Autopilot Trading Robots, which uses Rodeum AI to detect market shifts and, therefore, to make trading decisions on behalf of traders. Unlike other trading robots, these ones are self-learning and get better because they know and learn from past mistakes. IntelMarkets is also among the fastest trading platforms in the market, with one of the lowest fees.
IntelMarkets has a dual-chain system, meaning that traders can use either the Solana or Ethereum blockchain for trades. Because of these features, there has been a surge of whale activity for IntelMarkets, raising over $490k in presale. Its native token, INTL, has also skyrocketed by 100% to hit $0.018, but experts have set a price target of $1 by the end of Q4.
Top Altcoins Whales Are Buying for October Profit
Whales are paying attention to just Chainlink (LINK), Tron (TRX), and IntelMarkets (INTL) as their best bet for profits in October. The price movement of all three
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