- FET might drop to $0.68 but the price might extend to $3 in the long term.
- If traders continue to book profits, WLD’s price might plunge to $5.76 before another rally.
- Entries between $595 and $682 could be great for TAO traders looking to hold in the short and long term.
Altcoin Sherpa, a popular crypto analyst on X, told his 207,600 followers to watch AI-themed cryptocurrencies. According to Sherpa, the recent parabolic moves by some of the tokens including Fetch.ai (FET), Worldcoin (WLD), and Bittensor (TAO) do not mean that they have hit their peaks.
The analyst, however, noted that the tokens might pull back. But if the prices hit the 0.236 and 0.382 Fibonacci retracement points, then traders should buy.
Going to post some AI coin potential entries. Given how hard some of these are going, I would view the .236 fib and the .382 fib areas as good starter points. $FET $WLD $TAOWOULD NOT GO ALL IN on any 1 entry. DO NOT FOMO. A pullback probably coming soon.
These are more for… pic.twitter.com/XfW3Sx6iOs
— Altcoin Sherpa (@AltcoinSherpa) February 19, 2024
Fetch.ai (FET)
FET’s price tapped a two-year peak and reached $1.12 on February 19. How…
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