Amid the ongoing bullish recovery in the crypto space, the Artificial Intelligence (AI) category has outperformed other major categories in the daily price performance. Moreover, the FET token has led the charge with a double-digit price surge.
Will this crypto project lead the AI bull rally this AltSeason? Read the short-term price possibilities of the Artificial Super Intelligence (FET) token in this analysis now!
FET Price On The Verge Of A Major Price Rally?
The FET price has maintained its bullish price action by adding 10.72% to its valuation in 24 hours with a trading volume of $1,021 billion, a change of +106.74%. Moreover, with a price tag of $1.631, it has a market capitalization of $3.94 billion.
The EMA 50/200-day is on the verge of achieving a Golden Cross in the daily time frame. This highlights an increase in the buying-over-selling pressure for the Artificial Intelligence (AI) token in the crypto space.
Furthermore, the RSI indicator has successfully retested its neutral point in the Super Artificial Intelligence price chart and is headed toward its overbought range. This highlights a bullish outlook for this altcoin in the upcoming time.
Will FET Price Hit $2?
Maintaining the price above its support level of $1.650 will set the stage for this altcoin to head toward its resistance level of $2.230. Further, if the bulls gain dominance at that point, this could result in the FET coin price heading toward its upper price target of $2.810.
On the flip side, a bearish reversal could pull the Super Artificial Intelligence price toward its support trendline of the triangle pattern. Moreover, if the bearish sentiment intensifies, this could pull the price of this altcoin toward its low of $1.050.
Wondering about the future of this altcoin? Read our FET Price Prediction and also subscribe to us to stay updated on the latest crypto-related news!
