👀👀Analysts Expect Strong Rise for FET and OSMO Coins 👀👀
Cryptocurrency markets are showing signs of recovery after a difficult period. Altcoins in particular have not yet shown the desired performance despite the billions of dollars of liquidity brought by ETF approvals. However, recent developments show that there is new activity in the market.
Rising Expectations for FET and OSMO Coin
Popular cryptocurrency analysts are making positive predictions for FET and OSMO coins. According to Efloud, if the FET coin overcomes important resistance levels in the short term, it can rise to $ 3.07. Captain Faibik, on the other hand, states that OSMO coin can rise to $ 1.55 after it breaks out of the falling channel.
FTX's Cash Refund Will Shake the Market
Another important development that cryptocurrency investors are closely following is FTX's huge cash refund to creditors. This means billions of dollars of stablecoins entering the market and can lead to serious price increases, especially in altcoins.
Bitcoin's Impact
Bitcoin's rise above $63,200 has increased the general optimism in the market. However, the fact that the $65,000 level has not yet been retaken makes investors nervous. In the short term, movements in Bitcoin will also closely affect the altcoin market.
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