Potential altcoins to watch right now

WLD

The coin has been in a downtrend since March 2024. It has lost more than 70% of its gains so far. Meanwhile, the coin looks oversold and could see a rebound in the coming sessions

The coin price rebounded sharply by more than 10% yesterday and the sellers got stuck. The coin is likely to recapture the 20-day EMA mark. Currently, the coin is in a downward trajectory and needs to reach the $4 mark.

WLD has been in a closed range for more than two months and a range breakout occurred this month. Until the coin holds the $4 mark, the coin will remain in a downtrend and if it can hold the mark, the trend will reverse.

The price of the WLD/BTC pair is 0.0000474 BTC and the market cap is $229.08 million. The analysis is neutral and believes that the WLD price may break out of the range and hold the $4 level.

WLD resists sell-off: is it a good time to buy?

Amid a downtrend, the Worldcoin (WLD) token has gained buying momentum and recovered sharply from the bottom. If the token manages to achieve a follow-up rise, it is likely to perform well in the coming sessions.

FET

Against the backdrop of the recent decline and the breakdown of the ascending triangle pattern, FET has retested the $1.20 support area and found support there. This week, the token has gained more than 50% and is holding above the 200-day EMA mark.

The token has given positive buy signals and trapped an army of sellers.

The momentum oscillator has turned bullish, and the RSI curve has rebounded from the oversold region and has made a positive crossover on the chart.

At the time of writing, FET is trading at $1.627, with an intraday gain of 31.76%, reflecting bullish momentum on the chart. Its trading volume has surged by more than 145% in the past 24 hours, and the market capitalization has risen by more than 12%. The FET token is likely to regain strength in the near term and will strengthen further if it breaks above the $2 mark.

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