Ethereum Dips 60.2% Yearly, Eyes $8,000 Rally Dogecoin Plummets 28.9% Yearly, Support at $0.13 IntelMarkets Surges 900%, AI Tools Drive 10x Potential

Ethereum is currently displaying a bullish pattern, with a pennant formation suggesting a potential powerful breakout. According to analyst MerlijnTrader, if this breakout is successful, the Ethereum price could rally to $8,000 in the coming months. This prediction is based on the Ethereum price mirroring Bitcoin's trajectory from 2021. However, the current Ethereum price is trading below the $1,500 mark, having dipped by 23.2% in the weekly timeframe, 28.2% on the monthly chart, and 60.2% on the yearly chart. The immediate resistance levels for Ethereum are around $1,595 and $1,782, and surpassing these could clear the way to $2,000 or even $3,000 if bullish momentum is high.

Meanwhile, Dogecoin is under strong bearish pressure, with its price dropping into the red region. The Dogecoin price has plummeted by 16.8% on the weekly timeframe, 14.9% on the monthly level, and 28.9% on the yearly chart. Analyst Ali Martinez has advised investors to watch the key support level at $0.13, as a drop below this level could pull the Dogecoin price to lower lows. Another analyst, Trader Tardigrade, notes that DOGE has been under the spring of Wyckoff Accumulation. Despite the current downturn, the analyst forecasts that the Dogecoin price might surge to $0.21 if it remains above the support at $0.13 and crosses the resistance around $0.17-$0.18 to maintain a bullish momentum. Currently, the Dogecoin price has been fluctuating between $0.13 and $0.17.

In addition to Ethereum and Dogecoin, a new altcoin called IntelMarkets (INTL) is gaining traction in the market. IntelMarkets has already raised over $12.2 million, and the value of the INTL token has increased by 900% to $0.091. This DeFi project is considered a potential 10x gem in the market due to its AI features. IntelMarkets offers AI tools to retailers to make trading more profitable, based on Intelli-M™, an AI bot system that uses more than 100,000 inputs, including charts and current market indicators, to make automated trading decisions. These bots can adapt to different market scenarios, making the platform suitable for both novices and experts. The platform also features an AI Agent Marketplace, where users can navigate and use specific AI agents for various strategies.

According to the analyst's forecast, IntelMarkets has the potential to be the next-gen coin for investors looking to make up to 10x ROI this year. Its low market cap increases its chances for growth, giving it enough room to climb higher. With Ethereum on the verge of a major breakout and Dogecoin poised for a potential surge, IntelMarkets presents an attractive opportunity for investors seeking significant returns in the cryptocurrency market.