Ripple (XRP) whales have accumulated over 380 million coins, signaling a bullish movement. With Ripple’s lawsuit and market conditions impacting altcoins, analysts also predict gains for Ondo Finance (ONDO) and IntelMarkets (INTL).

ONDO is recovering from recent dips, while IntelMarkets, with its high-leverage options, is attracting investors ahead of the next crypto rally. Let’s discuss the reasons behind this optimism!

XRP Whales Accumulate 380 Million Coins

XRP whales have accumulated over 380 million coins, worth approximately $228 million, in the past ten days. This signals a bullish movement for XRP. In the past month, some large transfers were involved, including 105 million and nearly 200 million XRP between unknown wallets.

The SEC’s recent clarification on crypto classifications has fueled hopes for a favorable outcome in Ripple’s lawsuit. In mid-September 2024, XRP was trading around $0.59 with minimal fluctuations. Technical analysts pointed to a six-and-a-half-year symmetrical triangle pattern on the XRP chart.

With Bollinger Bands tightening, some experts have set price targets as high as $7. Meanwhile, others see a potential rise to between $27 and $33 based on Elliot wave analysis. These analysts also said ONDO and INTL are also gearing up for the next rally.

ONDO Recovers After a Price Dip in August

After reaching an all-time high of $1.48 in January 2024, ONDO is down over 50%. In mid-September, ONDO was trading around $0.70, with an increase of 18% in the past seven days. Analysts say that in the RWA sector, Ondo Finance will be one of the best choices.

Despite recent fluctuations, Ondo Finance’s native token has shown signs of recovery after dipping to $0.65 in August. Ondo Finance is projected to range between $0.55 and $0.97 in 2024, with a potential high of $1.11 in 2025.

Analysts suggest that breaking the $1 resistance could lead to a bullish run. However, a bearish market could see prices fall to as low as $0.51. Long-term predictions for Ondo Finance are more optimistic, with an expected average price of $3 by 2030.