Popular cryptocurrency analyst The Flow Horse has a list he keeps as the total value of the cryptocurrency market approaches $1.5 trillion. altcoin your comment for shared.
The analyst, who goes by the moniker The Flow Horse, tells his 185,800 followers that blockchain-based artificial intelligence (AI) and machine learning platform Fetch.ai (FET) could gain nearly 130% in value from its current level.
FET price managed to surpass $0.45 This thing catches my eye at $1 all over, especially as a pair linked to AI that is much more than just a narrative.
FET price is trading at $0.434 at press time, up over 100% in the past month.
Continuing his analysis with Bitcoin, the trader stated that if BTC strongly exceeds the $ 38,000 resistance level, things will get better, but if it cannot find strength, it will fall again.
According to The Flow Horse, Bitcoin is currently trending towards forming a “short double top.” A double top is also known as a formation that indicates that the price of an asset is about to reverse downwards.
The analyst, who also shared the analysis of Ordinals (ORDI), which enables the creation of digital collections such as NFT in the Bitcoin network, stated that the upward momentum continues for this altcoin.
ORDI continues to rise and is a new pair emerging from its initial consolidation showing no warning signs of overheating.
ORDI was trading at $25.79 at press time, up nearly 380% in the last two weeks.