$FET Price Analysis – 12/02/2025
After a long hiatus from posting about altcoins, I’m back with an update on
$FET , largely due to popular demand and my personal interest in the project. In 2025, I’m likely to post updates less frequently as I want to avoid being overly reactive to every market movement. However, due to the growing interest in
$FET , I’m sharing my insights today.
As we know, FET encountered a significant setback due to large-scale withdrawals by whales, totaling $1 billion. This quick exit contributed to a sharp decline in its price. That said, I was impressed with how FET responded to these large investors. Despite the challenges, I believe the green zone on the chart represents the bottom for
$FET . While Bitcoin's performance and dominance could still influence the price movement in the short term, I feel the worst is behind us. A recovery is on the horizon, and the prices should begin to rise soon.
The key level I’m monitoring for FET is $1.08. This price point will likely serve as a catalyst for a potential upward move toward $2.25. I’ve drawn an orange diagonal line on the chart, connecting previously rejected points, and I expect this trendline to be breached in the coming days. Once this happens, FET could see its first leg up to $1.08 and potentially higher thereafter.
In recent days, FET has been focusing on empowering developers and companies, driving innovation in decentralized ecosystems with intelligent agents. This commitment to growth and development presents an exciting opportunity for the long-term. While FET may not be the quickest path to riches in this bull market, holding onto it for the long run could prove fruitful. Personally, I have no intention of selling any
$FET tokens in 2025 or for the next 5 to 8 years. I’m a strong believer in the team and what they’re building.
Looking forward to $2.25 soon!
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