Altcoin FET Forms Falling Wedge Pattern, Confirmed Breakout Could Lead to Rally Target
- Altcoin FET forms falling wedge pattern.
- Confirmed breakout could lead to rally target.
- FET price can surge to $0.17 or fall slightly further before a pump.
The crypto community continues to watch the crypto market struggle to retake higher prices. With pioneer assets like Bitcoin and Ethereum still trading in a stagnant sideways movement, analysts and traders believe the worst of the bear market has already passed, meaning assets will slowly work their way up. As altcoin FET forms falling wedge pattern expectations place a confirmed breakout as the sign to rally targets being hit soon.
Altcoin FET Forms Falling Wedge Pattern
The prices of altcoins have experienced a brutal few years, where lack of liquidity in the space led to almost no rise in altcoin prices. Since BTC began its surge, analysts and traders have been patiently waiting for the peak altseason pump phase to arrive. Instead, what they saw was the price of BTC set impressive new ATH targets consecutively while only a handful of altcoins set new ATHs of their own.
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