FET Coin, XRP and Bullish Expectations for These 4 Announced!

In the ever-evolving environment of cryptocurrencies, market analysts are making bold predictions for the year ahead. Renowned crypto influencer Ben Armstrong shares his bullish prospects for XRP and Solana, while The Crypto Dog points to the potential upside of GMX. Meanwhile, Altcoin Sherpa is focusing on the promising future of Fetch.ai (FET coin). This article synthesizes these different perspectives to provide a comprehensive overview of the expected trends in the crypto market.

Ben Armstrong shares huge predictions for XRP and SOL

In a recent YouTube analysis, crypto influencer Ben Armstrong expressed optimism for XRP and Solana, predicting significant price increases in the new year. Armstrong predicts that the XRP will skyrocket to $7, highlighting the potential for it to outperform the predicted value. With XRP currently priced at around $0.61, Armstrong attributes XRP's gradual rise to Ripple's upcoming initial public offering (IPO), underscoring the significant multiplier factor required for this increase.

Despite XRP's gradual rise, Solana has experienced a rapid rise, reaching what Armstrong described as "overinflated figures." Despite this, Armstrong predicts that Solana will reach $1,000 this year. He points out that a tenfold increase from its current value of $101 is needed for Solana to reach this milestone. In addition, Armstrong also speculates on the impact of the Ethereum ETF on XRP, predicting potential profit movements and an increase that will be triggered by XRP ETF announcement.

Potential explosion for GMX, NEAR and INJ

Crypto Dog, a pseudonymous crypto strategist, describes GMX as an altcoin flying under the radar with significant breakout potential. Analyzing the weekly chart of GMX, he points out a massive reversal head and shoulders pattern and recommends a target of $106 if it breaks through the $56.26 resistance level. The current trading price of $56.56 places GMX slightly above this significant level, indicating a possible 90% upside.

Beyond GMX, The Crypto Dog expresses a bullish trend for Near (NEAR) and Injective (INJ), predicting target prices above $7 and around $50, respectively. The Crypto Dog remains cautious and acknowledges the need for periodic reassessment while highlighting the potential for further bullish on NEAR after retesting $3.60 as support.

Bullish narrative for FET coin

Altcoin Sherpa, a popular crypto analyst, focuses on the artificial intelligence (AI) project Fetch.ai (FET). Predicting new highs in the near future, Altcoin Sherpa identifies potential buying opportunities if the price of FET coin falls to the $0.50 level. Fetch.ai is a blockchain-based AI platform that aims to automate tasks using AI intermediaries, and Altcoin Sherpa is highlighting its strength and narrative in 2024.

Altcoin Sherpa also shared his views on Ethereum scaling solution Polygon (MATIC), expecting a rise from the current $0.98 to $1.20. While acknowledging the MATIC's lag compared to other altcoins, Altcoin Sherpa sees it as a positive short- to medium-term trade and warns investors to treat it as such rather than a long-term investment.

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