Flow

Cryptocurrency

Filecoin

Artificial Superintelligence Alliance

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/market-analyst-foresees-spike-in-ai-centric-cryptocurrency-and-overall-altcoin-growth" rel="noopener noreferrer nofollow">Market Analyst Foresees Spike in AI-Centric Cryptocurrency and Overall Altcoin Growth</a><br></p>
<p style="text-align: justify">A market analyst, known as “The Flow Horse,” has forecasted a significant upsurge in the value of an AI-centric altcoin, Fetch.ai (FET), to his extensive social media following. He suggests that FET is poised to reach a new peak in price, currently trading at a notable 20% less than its highest value. Fetch.ai has seen a growth in spot cumulative volume delta (CVD), hinting at a strong accumulation by market participants.</p>
<h2 id="fetch-ai-s-promising-market-trajectory">Fetch.ai’s Promising Market Trajectory</h2>
<p style="text-align: justify">The analyst underscores that the Fetch.ai token is in a robust position to continue its upward trend, with AI being a solid narrative underpinning its growth. He believes that the market is still in the early phases of recognizing AI’s potential, which could drive FET’s value to scale new heights in the following months.</p>
<h2 id="filecoin-predicted-to-break-out">Filecoin Predicted to Break Out</h2>
<p style="text-align: justify">Beyond Fetch.ai, the analyst also spots potential in Filecoin (FIL), predicting its breakout from a year-long accumulation. With a strong foundational structure, Filecoin is expected to catch up swiftly with the broader market movements.</p>
<p style="text-align: justify">The broader altcoin market, excluding <a href="https://en.bitcoinhaber.net/bitcoins-striking-price-trajectory-a-historical-overview" rel="noopener noreferrer nofollow">Bitcoin</a>, Ethereum, and stablecoins, is also viewed with optimism. The analyst points to the TOTAL3 chart, which aggregates the market capitalization of all cryptocurrencies and indicates a potential strong uptrend. The TOTAL3 chart suggests that the entire altcoin market could be at the cusp of entering a bullish phase, leading to new price records.</p>
<p style="text-align: justify">The Flow Horse’s perspective provides an optimistic outlook for both individual altcoins with a focus on AI technology and the altcoin market as a whole, suggesting that investors could witness significant growth in the near future.</p>
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on BH NEWS: </span> <a href="https://en.bitcoinhaber.net/market-analyst-foresees-spike-in-ai-centric-cryptocurrency-and-overall-altcoin-growth" rel="noopener noreferrer nofollow">Market Analyst Foresees Spike in AI-Centric Cryptocurrency and Overall Altcoin Growth</a></h5>

Market Analyst Foresees Spike in AI-Centric Cryptocurrency and Overall Altcoin Growth

Table of Contents

BH NEWS

Άλλα άρθρα που δημοσιεύτηκαν στις 21 Φεβ 2024

Garmin Ltd. (GRMN) Surges Ahead with Stellar Q4 Results and Bright Outlook for 2024

Why Are Organizations Accelerating Generative AI into Production?

Shiba Inu Burn Rate Crashes With Only 2 Million SHIB Burned, What’s Going On?

Circle announces end of USDC support on Tron blockchain

Turkey Advances in Crafting Cryptocurrency Legislation

24 Crypto Update, 20 Feb: Crypto market Awaits FOMC Minutes

Join our free newsletter for daily crypto updates!