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COINTURK NEWS > Technical Analysis > Crypto Insights Reveal Promising Trends for Ethereum, FET Coin, and Bitcoin
Technical Analysis

Crypto Insights Reveal Promising Trends for Ethereum, FET Coin, and Bitcoin

In Brief

  • Ethereum is expected to start a significant upward trend soon.

  • FET Coin could see buying opportunities above $0.55.

  • Bitcoin's golden cross suggests a potential momentum shift.

Ömer Ergin
Ömer Ergin 3 weeks ago
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The cryptocurrency market remains relatively stable, with Bitcoin $103,482 hovering around its current value as U.S. markets are closed for the holiday. Recently, Trump has made headlines by suggesting a potential dismissal of Powell, pushing for lower interest rates. This has prompted questions regarding the latest forecasts for ETH, BTC, FET, and various altcoins in the last few hours.

Contents
Ethereum and FET Coin AnalysisAltcoin and Bitcoin Commentary

Ethereum and FET Coin Analysis

Ethereum (ETH) $2,462, the largest altcoin by market capitalization, continues to linger below $1,600. The Ether chart serves as a significant indicator for assessing the overall condition of altcoins. Although Bitcoin’s price has not strayed far from its all-time high, it remains stagnant at low levels.

Historical data suggests that a general upswing led by ETH should commence shortly. The resolution of trade tensions will serve as a macroeconomic trigger for this rise. Mister, in his latest assessment, referenced the strong performance in the second quarter as a sign that the time is ripe for ETH.

“Average $ETH return in the second quarter is 58%. We have waited long enough; it’s rally time!”

Crypto Tony remarked that he could consider purchasing FET Coin above the $0.55 mark. He emphasized the need for this area to be regained before making any bold moves, stating that a recovery would initiate upon breaking through this threshold.

Altcoin and Bitcoin Commentary

Titan of Crypto has maintained an optimistic stance amid ongoing declines, continuing to signal hope for an upward trend. His recent evaluation, delivered about an hour ago, reiterated a potential bullish signal.

“During such times, it’s wise to keep the macro graph in mind. I still believe this cycle is significantly larger than previous ones, and everything looks promising so far. There’s a fantastic retest in the 2W chart (total market cap).”

The emergence of a golden cross for Bitcoin has also been pointed out as a bullish signal.

“BTC remains below the Kumo Cloud and has yet to break through. However, the formation of a Golden Cross, while not an outright buy signal, indicates a potential shift in momentum. Today is ‘Good Friday,’ with traditional markets closed, which could trigger unexpected volatility due to low liquidity.”

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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Ömer Ergin 18 April, 2025 - 4:40 pm 18 April, 2025 - 4:40 pm
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