A prominent crypto analyst, Altcoin Sherpa, believes that Fetch.ai (FET), an AI-focused project, could continue its upward trend for several months.
FET’s Potential
According to Sherpa, FET is approaching a resistance level but has the potential to “go much higher” in the coming months. He suggests that $0.76 could be a key resistance level, with FET currently trading at $0.70.
Bitcoin’s Outlook
Sherpa predicts that Bitcoin (BTC) will soon reach $58,000, a level it has struggled to maintain in the past. He anticipates a pullback around that level but believes that BTC will eventually surpass its all-time high.
Chainlink’s Long-Term Prospects
Sherpa sees long-term potential in Chainlink (LINK), a decentralized oracle network. While he doesn’t recommend it for short-term trades due to low volatility, he believes LINK will continue to rise over time.