Expert Predicts Bullish Q4 Price Surges for FET and ONDO
Crypto analyst Captain Faibik has identified promising prospects for FET and Ondo Finance (ONDO), forecasting potential price rallies in Q4 2024. His analysis highlights breakout patterns in both tokens, indicating bullish sentiment.
FET Breakout from Broadening Wedge Pattern
FET's recent breakout from a broadening wedge pattern on the daily chart suggests a potential upward trend. Captain Faibik predicts a substantial price jump in October, citing the token's break above the pattern's upper trend line. The analyst has set a price target of around $4 for FET.
ONDO's Bullish Breakout and ATH Target
ONDO has also experienced a bullish breakout from a falling wedge pattern. According to the analyst, this breakout signifies increased buying interest and aligns with a predicted target of over $1.65 for ONDO. Captain Faibik further predicts a new all-time high (ATH) for the token in Q4 2024.
Trading Considerations
Both FET and ONDO are showing signs of bullish momentum, providing potential trading opportunities. Traders are advised to monitor price action closely and consider incorporating these predictions into their strategies.
By following market updates and technical analysis, traders can capitalize on potential market movements in Q4. Captain Faibik's insights provide valuable guidance for navigating the cryptocurrency market during this period.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.