FET Price Records Intensified Bullish Action

The FET price has continued displaying a bullish price action by jumping 19.15% within 24 hours and 54.36% over the past week. Moreover, it has added 7.43% during the past month and has a Year-to-Date (YTD) return of +42.94%.

The EMA 50-day has displayed a bullish convergence in the 1D time frame. On the other hand, the RSI indicator has recorded a sharp rise toward the overbought range. This indicates that the Artificial Superintelligence Alliance price will continue gaining value in the coming time.

If the bulls continue to dominate the crypto market, the FET price will prepare to test its resistance level of $1.650 during the upcoming week. On the flip side, if the bulls lose momentum, the altcoin could plunge toward its low of $0.50. $FET