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Altcoin Price Watch: FET, NEAR, ICP, RNDR Outlook for October 2024

Sep 13, 2024
  1. Artificial Superintelligence Alliance (FET): Navigating Bearish Waters
  2. NEAR Protocol: Showing Bullish Potential
  3. Internet Computer (ICP): Resistance and Consolidation

For October outlook, several altcoins are catching the eye of investors due to their price action and technical signals evidenced in September. Let’s take a closer look at Artificial Superintelligence Alliance (FET), NEAR Protocol (NEAR), Internet Computer (ICP), and Render Token (RNDR).

Artificial Superintelligence Alliance (FET): Navigating Bearish Waters

Artificial Superintelligence Alliance (FET), as at press time priced at $1.34, is experiencing a slight downturn, with a 5.69% drop in the past 24 hours. The price is nearing critical support levels. Immediate support appears at $1.33, and a deeper level lies around $1.30. If FET falls below these levels, further declines could be anticipated. On the upside, resistance is initially at $1.42, with a more substantial barrier at $1.45. A breakout above $1.42 could signal a reversal, pushing the price towards higher levels.

NEAR Protocol: Showing Bullish Potential

NEAR Protocol is showing bullish potential. Holding above $4.11 could lead to a test of $4.25. Consistent holding above $4.11 might attract further trader interest in upward movements.

Internet Computer (ICP): Resistance and Consolidation

Internet Computer (ICP) faces resistance at $8.45. A price hold above $8.30 could indicate consolidation. This can be important for future trading decisions and price trend changes.

Price analysis and technical signals for FET, NEAR, ICP, and RNDR suggest multiple potential directions. Paying attention to key support and resistance levels is crucial as they could dictate future price movements in the market.

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