This morning, Fox News reported that the letter in the Republican Party's platform is committed to "supporting innovation" such as encryption and AI. Overnight, AI sector concept currencies rose sharply. 投票瓜分50000U(每天最多5u)
As the currency with the highest market value in the AI sector, FET, after two weeks of volatile trends, finally stood above the 5 10MA moving average yesterday, confirming the rebound trend in the short term.
As a popular currency in the AI sector, $FET had a very bright trend at the beginning of this year, but after the merger of the three currencies, the price has been sluggish. From the daily level, the short-term $0.7 can be said to be an effective support position at the daily level, because the daily level trading volume with a low point of $0.7 can be said to be the high point of the decline in the past six months. The short-term daily level of $1.5 is the first pressure point of FET. It is also the high point of the daily level that has fallen below the moving average, creating a new low this year. If the rebound breaks through $1.5, the next target will be around $1.785. $1.785 is also the high point before the recent rebound.
Good days are coming soon. If you hold on, altcoins will reach the peak of the bull market in a few months.