The first quarter of 2024 was extremely good for cryptocurrency investors, but then the nightmare began. Bitcoin stuck in a narrow gap $68,797 Even though its price touched the bottom and top points many times, it could not see a breakout. To make matters worse, altcoins failed to make sufficient gains when BTC fell in value and moved in the opposite direction. What about FET, Ethereum?
$2,438 and what are the latest predictions for AVAX?
FET Coin
Three popular with ASI artificial intelligence The altcoin consolidated its power. OpenAI AI tokens have gained significantly from the end of 2020 to date as enthusiasm increases in the field of artificial intelligence. However, as AI-supported meme coins such as GOAT attracted volume, the interest of investors in this field turned to these assets where they could earn faster profits.
Under the influence of the elections FET Coin price It increased by 18 percent in the last 2 days. FET Coin, which found buyers at $ 1.24, is in a recovery trend, although it has not yet been able to regain the key point at $ 1.35. If the rise continues, new attempts up to $1.72 may be seen.
Then, $2 will be expected to be taken back as support, and this may open the door to resistances of $2.52 and $3.2.
Ethereum Predictions
Despite ETF approvals ether It did not receive the expected attention. While the market dominance of the BTC price increases in the new ATH trial, it is normal for the ETH price to be suppressed and it seems likely that this nightmare will continue for a while. ETH price has been moving in a parallel channel for 92 days. After testing the ceiling at least 5 times it is now back in the floor area.
It would not be surprising if it starts a movement from here to $ 2,745 again. However, after this key resistance point is permanently overcome, new attempts up to $3,487 can be expected as $2,816 turns into support. For now, it seems likely that shallow movements will continue.
AVAX Forecast
Although $22.6 remains as support AVAX Excitement on the front is very weak. While SOL Coin is seeing new highs, last year’s volatility levels have normalized for AVAX. AVAX cannot achieve persistence even above $30. In a possible rise, the $ 50 ceiling can be targeted by taking back $ 31.75 as support.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.