While the market is on the verge of several problems, including the fear of the SEC’s next move, a popular cryptocurrency expert has updated his predictions for Fetch.ai (FET), The Graph, and Fantom (FTM). Michael van de Poppe recently said that Fantom, a competitor of Ethereum (ETH), might go as low as $0.33 before rising 50%.
Fantom
According to him, the previous low back at $0.51 is turning into a resistance level and the block around $0.48 will give a massive bounce.
“If we don’t get it, we are looking at $0.38 and we’re looking at $0.33, that entire region, for either swing entries or second, we’re just buying the bounce, in which we can generate a bounce of 50% again,” he added.
The Graph
The trader then said that the blockchain indexing protocol The Graph might increase in value up to $0.21 if it surpasses $0.17. The trader has marked the level once again. His first target is $0.095 and his second target is $0.13.
“If we have this trade trigger here at $0.17, most likely we’re going to get a breakthrough $0.185 and then we start targeting $0.20 to $0.21, which also gives you 25% to 35% trade,” he explains.
Fetch.ai
Van de Poppe asserted that Fetch.ai’s massive gain has probably peaked and it could enter a correction down to a low of $0.20. However, he also added that if FET continues to be strong, it might advance all the way to $0.90. FET reached 2023 high of $0.59 on February 8th, a 527% rise, from its 2022 closing price of $0.094.
“I think that if we continue rallying, we go towards $0.90. But we could also easily correct all the way back towards $0.20 to $0.30 and have a buy-the-dip season there,” he concluded.
Source: https://coinpedia.org/price-analysis/heres-what-next-for-ftm-grt-fet-price/