Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Altcoin FET Watches the Golden Retracement for the Next Higher Low, How High Can FET Go?

Altcoin FET Watches the Golden Retracement for the Next Higher Low, How High Can FET Go?

CryptonewslandCryptonewsland2026/10/10 14:03
By:Cryptonewsland
  • Altcoin FET watches the golden retracement for the next higher low.
  • How high can FET go this Q4 of 2026?
  • Analyst shares next bull target for a possible price surge.

The crypto market seems to be entering a possible recovery phase after a deep 48-hour market correction. During this phase, the price of BTC fell from $87,000 to $80,300, while the price of ETH fell from $2,700 to $2,400. The dip led to many altcoin assets falling in prices as well, although many are already recovering. In detail, altcoin FET watches the golden retracement for the next high low, how high can FET go?

Altcoin FET Watches the Golden Retracement for the Next Higher Low

A reputed crypto analyst called for the end of the bear market phase in August 2026, soon after, the prices of BTC and ETH flew up impressively, breaking past multiple resistance levels to confirm this prediction. Since then, the analyst stated that the market was in an early bull market phase. After which, he next called for BTC to surge to $88,000 before a retracement to $79,000.

He now declares that this prediction has come true as well since the price of BTC ran up to $87,000 and dipped to $80,700. Now, the crypto market patiently awaits his next prediction, will the crypto market enter a recovery rally, or is a greater dip expected next? On this front, other analysts chime in stating that the next logical target for BTC is to break past the $90,000 price range. 

How High Can FET Go in Q4?

Meanwhile, expectations for the altcoin market and for the prices of promising altcoin assets are probably just as high. Since the last bull cycle, analysts, traders, and holders have been waiting patiently for the long-awaited and highly-anticipated altseason. The phase having been skipped last year has led to many hoping to see it this year, perhaps even during the Q4 that has just begun. 

Already many promising altcoin assets have finally begun to act on the multi-year bullish indicators they have been building and have finally begun to pump in prices. To highlight, a few of these bullish tokens include, NEAR, FET, XRP, XLM, and many more. While these already reclaimed higher targets, other altcoins are just preparing to pump, like RENDER for instance.

As we can see from the post above, this expert believes FET is watching the golden retracement for the next higher low. Presently,  the 0.618 retracement of the $0.120 – $0.272 advance sits near $0.1781. If FET price reaches that area, stabilises and builds a sideways base, the recovery scenario becomes worth watching. Reclaiming $0.214 opens $0.240, followed by $0.272 and the previous swing high near $0.288. Potential upside from the marked entry is about 61.7%. Below $0.159, the setup is invalidated.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Anthropic's $2 Trillion IPO Faces Doubts: Risks of Mismatched Computing Commitments and Revenue

The independent institution New Constructs reported that the Anthropic IPO is absurd, with a valuation of only 150 billion. The main controversy lies in the mismatch between long-term computing power commitments and clients' short-term on-demand procurement models, coupled with macroeconomic headwinds and early investor sell-off pressure, leading to increased market volatility.

智通财经•2026/10/19 07:51
Anthropic's $2 Trillion IPO Faces Doubts: Risks of Mismatched Computing Commitments and Revenue

Anthropic allocates 5% of shares to set up a fund before IPO, Musk calls for direct distribution to the public

Anthropic announced the establishment of a public welfare fund, initially allocating 5% of its shares. When the company's valuation increases by 50%, another 2% will be added. The aim is to address the impact of AI on employment. Musk suggested directly distributing shares to the public.

智通财经•2026/10/19 07:50
Anthropic allocates 5% of shares to set up a fund before IPO, Musk calls for direct distribution to the public

AI Stocks Struggle to Rebound: Lacking Three Major Supports, July’s Rally Hard to Replicate

JPMorgan pointed out that due to the absence of ETF bargain-hunting funds, limited room for short covering, and the early termination of the $40 billion buyback by Samsung and SK Hynix, the rebound strength of AI stocks in October may not match that of July. The resurgence of leverage risk could intensify volatility.

智通财经•2026/10/19 07:50
AI Stocks Struggle to Rebound: Lacking Three Major Supports, July’s Rally Hard to Replicate

A Trillion-Dollar Merger Pricing Game: Market Confidence in the Merger with Tesla (TSLA.US) Hinges on SpaceX (SPCX.US) Q3 Report to Be Released on Tuesday

SpaceX's third-quarter report is regarded by the market as a potential pricing anchor for a merger: Under an all-stock swap structure, the strength of performance directly determines the persuasive power of the share exchange ratio for Tesla shareholders, while massive capital expenditures are the biggest variable shaking confidence.

智通财经•2026/10/19 07:36
A Trillion-Dollar Merger Pricing Game: Market Confidence in the Merger with Tesla (TSLA.US) Hinges on SpaceX (SPCX.US) Q3 Report to Be Released on Tuesday