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Super Artificial Intelligence (FET) Price To Hit $2 With A 23% Rally?

Super Artificial Intelligence (FET) Price To Hit $2 With A 23% Rally? WikiBit 2024-11-29 23:53

Story HighlightsThe FET price is up over 10% in 24 hours and has reclaimed the $1.6 mark.Technical indicator EMA 50/200-day record a potential Golden

TradingView: FET/USDT

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.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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