The post FET Successfully Retests Key Support, Will Price Soar to $2? appeared first on Coinpedia Fintech News
The Artificial Superintelligence Alliance (FET) appears to be highly bullish and is poised for a significant upside rally, likely due to its breakout confirmation and support from the vice president.
FET Technical Analysis and Upcoming Level
According to expert technical analysis, FET appears bullish after successfully retesting its breakout level of $1.53, which occurred on September 20, 2024. Based on the historical price momentum, there is a strong possibility that the FET price could soar by 20% to reach the $2 level in the coming days.
Source: Trading View
This bullish thesis will only hold until FET remains above the $1.46 level, otherwise, it may fail. Currently, it is trading above the 200 Exponential Moving Average (EMA) on a daily time frame, indicating an uptrend.
FET Price Momentum
Meanwhile, FET is currently trading near $1.66 and has experien
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