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Following
BTC 
ETH 
FET 
NEAR 
RENDER 
XLM 
XRP FET (Fetch.ai) focuses on gold correction, waits for the next higher low
After 48 hours of deep market correction, the cryptocurrency market appears to be entering a possible recovery phase. During this period, the price of Bitcoin (BTC) fell from $87,000 to $80,300, while the price of Ethereum (ETH) fell from $2,700 to $2,400. The decline sent the prices of many altcoin assets lower, although many of them have begun to recover.
Specifically, the altcoin FET is watching the "gold correction" trend to confirm the next higher low. So, how high can FET rise?
FET focuses on gold correction and seeks the next higher low
A well-known cryptocurrency analyst predicted the end of the bear market phase in August 2026. Shortly thereafter, the prices of BTC and ETH rose sharply, breaking through multiple resistance levels, confirming this forecast. Since then, the analyst pointed out that the market has entered an early bull market stage. He then predicted that BTC would surge to $88,000 and then pull back to $79,000.
Now, he announced that this prediction has also been realized, as BTC prices once surged to US$87,000 and fell back to around US$80,700. Currently, the cryptocurrency market is patiently waiting for his next prediction: Will the market enter a rebound, or is it expected to have a bigger decline? In this regard, other analysts also said that the next reasonable target for BTC is to break through the $90,000 price range.
How high can FET rise in the fourth quarter?
At the same time, expectations for the altcoin market and the prices of potential altcoin assets may be equally high. Analysts, traders and holders have been patiently waiting for the long-awaited "altcoin season" since the last bull market cycle. Having missed this stage last year, many people hope to see it this year, perhaps even in the just-started fourth quarter.
Currently, many promising altcoin assets are finally starting to act based on bullish indicators accumulated over the years, and prices are starting to rise. Among them, bullish tokens worthy of attention include NEAR, FET, XRP, XLM, etc. Although these tokens have regained higher targets, other altcoins such as RENDER are still gaining momentum.
As relevant analysis shows, this expert believes the FET is focusing on a gold correction to form the next higher low. Currently, among the previous gains from $0.120 to $0.272, the retracement level of 0.618 is around $0.1781. If FET prices reach that region and stabilize, building a basis for sideways consolidation, then the recovery scenario is worth paying attention to. If it can regain its footing above $0.214, it will open up space for $0.240, followed by $0.272 and $0.288 near the previous high. From the marked entry point, the potential upside is approximately 61.7%. If it falls below $0.159, this setting will expire.
