Crypto analyst Rekt Capital, Ethereum (ETH) $3,727Avalanche 
$54 He noted that leading altcoins such as (AVAX) and Artificial Superintelligence Alliance (FET) have the potential to gain value. In his statement to his 519,200 followers on the social media platform X, he emphasized that these assets can achieve significant increases by maintaining certain support levels.
Critical Support Level for Ethereum
Rekt Capital said that Ethereum maintaining the $3,650 support level is critical for it to reach the $4,000 target. “Ethereum retesting the trend line and stabilizing in the $3,650 region could trigger an uptrend,” the analyst said. ETH is currently trading at $3,790 and is up 6% in the last 24 hours. This increase increases investors’ confidence in the potential of ETH.
Considering that Ethereum is the second largest crypto asset in terms of market cap, maintaining this level could be an important indicator for both ETH and the overall market. Rekt Capital stated that investors should direct their attention to this critical point.
Important Developments in Avalanche and FET
Rekt Capital also painted a positive picture for Avalanche (AVAX). The analyst stated that AVAX may retest the highest level it reached in March. Currently trading at $53, AVAX is up 6.5% in the last 24 hours. This rise gives hope for AVAX to push past March levels again. “While AVAX is testing these levels, investors should be careful and not overlook critical points,” he said.
Making evaluations about the artificial intelligence-based FET token, Rekt Capital said that it is important for the token to successfully test the $ 1.77 support level for it to reach higher levels. FET is currently trading at $1.89 and has recorded a daily increase of 2.6%. The analyst emphasized that FET’s support level is a point to pay attention to for investors.
“Be Careful” Call for Investors
Rekt Capital’s analysis offers important clues for investors, despite the volatile nature of cryptocurrency markets. However, the analyst reminds that investors should take careful and conscious steps. “Historical data is no guarantee of future performance. However, the right strategy allows you to take advantage of opportunities,” he said.
As a result, altcoins such as Ethereum, Avalanche and FET are considered to have bullish potential by maintaining certain support levels. Analysts’ strategic comments can serve as a guide for investors.
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.
