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COINTURK NEWS > Technical Analysis > Crypto Analysts Share Bold Predictions for LTC, ETH, and FET Coins
Technical Analysis

Crypto Analysts Share Bold Predictions for LTC, ETH, and FET Coins

In Brief

  • Three crypto analysts shared their targets for LTC, ETH, and FET Coin.

  • FET Coin experienced massive growth with the ChatGPT launch in November 2022.

  • Michael Poppe expects a rise in ETH and believes the bottom is near.

COINTURK NEWS
COINTURK NEWS 9 months ago
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Investors closely follow three different crypto analysts who shared their targets for LTC, ETH, and FET Coin. They shared their evaluations at the time of writing. Although September is historically a challenging month for altcoins, it represents a period of decline that sets the stage for significant buying opportunities. So, is the time right?

Contents
FET Coin Price PredictionEthereum (ETH) Price PredictionLTC Coin Price Prediction

FET Coin Price Prediction

Known as Altcoin Sherpa, the crypto analyst commented on the popular AI-related cryptocurrency FET Coin. FET Coin, which made significant strides with partnerships like Bosch, experienced massive growth with the ChatGPT launch in November 2022. Of course, recent NVIDIA losses and altcoin sales have affected it. However, Sherpa recently wrote:

“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.”

Ethereum (ETH) Price Prediction

Michael Poppe focused on Ethereum $2,534 (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. During the BTC ETF launch period, most of today’s problems and concerns did not exist. 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.”

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, the 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.”

BTC price was below $54,500 at the time of writing, and we see that volumes have dropped while sales are calm. The weekend may be quiet.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 7 September, 2024 - 8:21 pm 7 September, 2024 - 8:21 pm
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