2 popular cryptocurrency analyst They shared the updated charts for FET and ETH and announced their price targets. FET Coin has been drawing attention again recently. Moreover, OpenAI is about to reach the end of its $150 billion investment round. Many participants, including the UAE, are lined up to invest. All of these are positive for FET Coin. So what are the experts’ predictions?
FET Coin Price Prediction
On August 5, crypto analyst Daan Crypto Trades drew attention to the 80 percent decline in about 4.5 months. He did not expect the FET Coin price to fall below $0.5 for the bottom. And he was right. FET Coin After consolidating above $0.7, it started to rise again. Today, Daan wrote;
“FET is up almost 2x from August lows. That’s pretty strong. It looks like it wants to move higher after hitting a low this week. The key level for me is the local top of $1.50, and the rally could accelerate with a daily market close above that.”
ETH Price Prediction
BTC The price’s closing above $58,000 is balancing the fear. QCP analysts does not expect a major fluctuation until the Fed decision next Wednesday. However, he mentions that investor appetite has revived due to increased option demand for October and November. An analyst with the nickname Phoenix shared his latest assessment for ETH.
He does not expect a possible new trial to $2,111 here. Considering the current status of the BTC price, the first stop should be $2,856. Powell’s statements will be decisive for this medium-term price target.
September’s historical negativity did what was necessary, and October needs to bring an increase. So how will the seller appetite that has not weakened at resistance be overcome? Perhaps we will see a big triggering news, an event for this. Phoenix ETH He indicated that he was bullish by marking the $3,600 target as a possible scenario by early 2025.
Noting that a similar movement to the previous one has been repeated these days, the analyst believes that the RSI and price outlook are signals of an uptrend.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
