$FET Price Prediction: A New All-Time High Soon? - BeinCrypto Analytics

FET recently formed a golden cross, a powerful bullish signal where a shorter-term EMA crosses above a longer-term EMA. This pattern often indicates growing upward momentum, potentially leading to further price gains. In FET’s case, the EMAs show a bullish alignment, with shorter-term EMAs above the longer-term ones, reinforcing a positive outlook.

Traders often monitor EMAs like the 20, 50, 100, and 200-day lines to gauge trend strength. FET's EMAs suggest an uptrend that could test key resistance levels at $1.86 and $2.28. Breaking these would bolster the bullish case, with targets at $2.70 and $3.48. A move beyond these levels could push FET toward a new all-time high.

However, if the uptrend weakens, support at $1.24 and $1.00 will be critical. A break below could lead to $0.80, signaling deeper bearish sentiment. FET’s next move will depend on how well it holds these key levels.