Three renowned crypto analysts shared their targets for LTC, ETH, and FET coins. September, historically a challenging month for altcoins, sees analysts evaluating current trends and predicting potential changes.
FET Coin Price Prediction
Analyst Altcoin Sherpa commented on the popular AI-related cryptocurrency, FET Coin. FET Coin saw significant growth with partnerships like Bosch and the launch of ChatGPT in November 2022. However, recent NVIDIA losses and altcoin sales have affected its price. > "Don’t get caught up in the noise because everything is still in a bearish market structure. We can definitely make +50% moves, but that doesn’t mean the trend has reversed." (Altcoin Sherpa)
Ethereum (ETH) Price Prediction
Michael Poppe focused on Ethereum (ETH). Unlike the BTC ETF process, we didn’t see significant price movement for ETH after the launch. This was related to the general negativity in the crypto markets. Poppe expects a rise and believes the bottom is near. > "ETH has surpassed the 1000-day limit of the downtrend since 2021. While I expect another dip at low levels, I don’t expect this bullish deviation to continue. Still, I believe we are close to the bottom." (Michael Poppe)
LTC Coin Price Prediction
Daan Crypto Trades included Litecoin in today's evaluation. The analyst shared the LTCBTC chart at the end of last month, mentioning that he expected a rebound at that time. However, rapid losses in BTC price dampened risk appetite, and the expected rebound did not occur. > "Interestingly, LTC is one of the strongest alts in the market this week (compared to others). It hasn’t made a significant move yet, but if it rises above this high-volume node point in the $70-73 range, I’ll be interested. If it rises, there will be a lot of upside, so there’s no need to rush." (Daan Crypto Trades)
At the time of writing, the BTC price was below $54,500, and we observe decreased volumes while sales are calm. The weekend may be quiet.
Comments