Top crypto analyst The Flow Horse predicts that Fetch.ai (FET) and Filecoin (FIL) are on the verge of a significant rally.
Fetch.ai (FET)
- FET’s spot cumulative volume delta has been rising, indicating strong accumulation.
- The analyst expects FET to surpass its previous all-time high of $1.17.
- FET is currently trading at $1.07, slightly below its all-time high.
Filecoin (FIL)
- FIL is breaking out of a year-long accumulation phase.
- The analyst anticipates FIL to continue its upward trajectory.
- FIL is currently trading at $7.73, up over 4% in the last 24 hours.
Altcoin Market Outlook
The Flow Horse is bullish on the altcoin market as a whole. He believes that the TOTAL3 chart, which tracks the market cap of all crypto assets excluding Bitcoin, Ethereum, and stablecoins, is poised for a strong uptrend.
“The past is precedent,” the analyst said. “We are near the point in the cycle where it is not really going to matter what you own, as much as it matters how you time the transfer to top buyers.”
