To Sherpa, if the token achieves this, it will have \u201cbottomed in the short term.\u201d Additionally, he set the $1.5 price zone as a \u201csuper key level\u201d for further bullish price action.<\/p>\n
FET hovered between the $1.1-$1.21 price range in the last 24 hours, holding above the key support level throughout Monday morning. As of this writing, the token is trading at $1.2, a 4% daily surge.<\/p>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The Artificial Superintelligence Alliance (FET) has seen a remarkable performance in the last two weeks. Amid the latest market shakeouts, the AI crypto token saw a significant increase, surging over 60% a week ago. In the last 24 hours, the token has recorded a 4% price surge, retesting a crucial resistance level that could propel the price near its all-time high (ATH). Related Reading: Toncoin (TON) Price Action Signals 30% Crash After Losing A Key Level FET Sees 30% Monthly Surge FET showed a formidable price action throughout August despite the market retraces, seeing a 30% surge in the last 30 days. The ASI alliance token saw a 49% increase in the past two weeks and recovered above pre-Black Monday levels during this timeframe. Additionally, it saw a massive surge in trading volume, price, and whale activity a week ago when the FET\u2019s on-chain developments fueled the bullish momentum by over 60%. The drive pushed the cryptocurrency\u2019s price to a high of $1.46 on Tuesday, a level not seen since mid-July. Nonetheless, the market jitters halted FET\u2019s rally, sending the price to a biweekly low of $1.06. The token retested the $1.20 resistance level over the weekend, unsuccessfully reclaiming it but holding above the $1.10 price range. This performance has been highlighted by several market watchers, who noted that the token has held effectively above the $1.17 support level. This level was retested and maintained since late February when the token\u2019s leg up drove the price to its March ATH of $3.45 but was lost as July closed. Analysts Suggest Key Levels To Watch Some market watchers noted that FET recently broke out of crucial horizontal levels. The token has been in a multi-month falling wedge pattern and registered multiple touchpoints within the upper and lower trendlines. According to Crypto Yapper, some key horizontal levels have come into play in the past month. The token bounced from the \u201chuge\u201d $0.8 support area a few weeks ago. This level was deemed an \u201cinteresting accumulation zone” by the analyst. Since then, FET has seen a significant jump, breaking out of the falling wedge pattern. Following the breakout, it has attempted to turn the next horizontal resistance level into a support zone. Per the analyst, if the $1.17 level holds strong, the cryptocurrency could move to the next big resistance in the $1.7 area. \u201cThen we can continue the bullish uptrend, and eventually, the top side of the formation will be confluent with the breakout target, which will be around $3.4,\u201d he further explained. Conversely, other analysts have cautioned that the token remains in a bearish market structure. According to Altcoin Sherpa, FET is attempting to form a higher low, which will need to be followed by a higher high to continue the uptrend. Related Reading: Bitcoin At Risk Of Continued Selling Pressure Amid Market Volatility, Here\u2019s Why To Sherpa, if the token achieves this, it will have \u201cbottomed in the short term.\u201d Additionally, he set the $1.5 price zone as a \u201csuper key level\u201d for further bullish price action. FET hovered between the $1.1-$1.21 price range in the last 24 hours, holding above the key support level throughout Monday morning. As of this writing, the token is trading at $1.2, a 4% daily surge. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":608446,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[87819,92573,92685,92572,6258,72612,26263,85288,89756,87565,90089,91792,87769],"class_list":["post-639358","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-ai-tokens","tag-artificial-superintelligence-alliance-asi","tag-asi","tag-asi-alliance","tag-black-monday","tag-bullish-analysis","tag-crypto-analyst","tag-crypto-market-crash","tag-crypto-trader","tag-fet","tag-fet-price","tag-fet-price-prediction","tag-fetusdt"],"acf":[],"yoast_head":"\n
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In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. 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In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/wncen.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"FET Price Targets $3.4 After Breakout, Here Are The Key Levels To Watch","url":"http:\/\/wncen.com\/news\/fet-price-targets-3-4-after-breakout-here-are-the-key-levels-to-watch\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/fet-price-targets-3-4-after-breakout-here-are-the-key-levels-to-watch\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/pexels-tara-winstead-8386440.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/pexels-tara-winstead-8386440.jpeg?fit=1280%2C853"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["ai tokens","artificial superintelligence alliance (asi)","asi","asi alliance","black monday","bullish analysis","crypto analyst","crypto market crash","crypto trader","fet","fet price","fet price prediction","fetusdt"],"dateCreated":"2024-09-03T10:00:47Z","datePublished":"2024-09-03T10:00:47Z","dateModified":"2024-09-03T10:00:47Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"FET Price Targets $3.4 After Breakout, Here Are The Key Levels To Watch\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/fet-price-targets-3-4-after-breakout-here-are-the-key-levels-to-watch\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/fet-price-targets-3-4-after-breakout-here-are-the-key-levels-to-watch\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/pexels-tara-winstead-8386440.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/pexels-tara-winstead-8386440.jpeg?fit=1280%2C853\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"ai tokens\",\"artificial superintelligence alliance (asi)\",\"asi\",\"asi alliance\",\"black monday\",\"bullish analysis\",\"crypto analyst\",\"crypto market crash\",\"crypto trader\",\"fet\",\"fet price\",\"fet price prediction\",\"fetusdt\"],\"dateCreated\":\"2024-09-03T10:00:47Z\",\"datePublished\":\"2024-09-03T10:00:47Z\",\"dateModified\":\"2024-09-03T10:00:47Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/05\/pexels-tara-winstead-8386440.jpeg?fit=1280%2C853","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/639358"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=639358"}],"version-history":[{"count":4,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/639358\/revisions"}],"predecessor-version":[{"id":639377,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/639358\/revisions\/639377"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/608446"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=639358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=639358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=639358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"FET\"](\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/09\/FETUSDT_2024-09-02_10-57-17.png?w=860&resize=860%2C460\")
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