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Cryptocurrency News Articles

Artificial Superintelligence Alliance (FET) Price Could Surge 283%, Analyst Says – A New Bull Run Brewing?

Apr 27, 2025 at 08:00 pm

The Artificial Superintelligence Alliance (FET) token is starting to turn heads again, with technical setups across two different timeframes pointing to a possible strong move upward.

Artificial Superintelligence Alliance (FET) Price Could Surge 283%, Analyst Says – A New Bull Run Brewing?

Artificial Superintelligence Alliance (FET) token is turning heads again as technical setups across two different timeframes are pointing to a possible strong move upward for the token.

Analysts CryptoTisa and WorldOfCharts both shared their insights, which hint at growing bullish momentum, backed by solid technical patterns and smart spot entries. Their chart analyses and real-time updates suggest that FET price could be gearing up for a longer rally, with some price targets aiming as high as $3.

FET Monthly Timeframe Signals Renewed Bullish Momentum

CryptoTisa took to X to post a chart displaying FET on a monthly timeframe. The chart from the analyst shows that the FET price chart is displaying a broadening ascending wedge, which has been developing since early 2023.

Within this structure, FET has consistently formed higher lows and higher highs, showcasing a clear trend despite the market volatility. The analysis reveals two major corrections within the wedge, each aligning with healthy patterns like bull flags.

After pulling back from around $3, the price is now rebounding from the lower wedge support, which is located in the $0.34–$0.35 range. The behavior of volume supports this rebound, and analysts are watching $1.00 and $1.45 as immediate resistance levels before a potential return to $3.

CryptoTisa highlighted the momentum in a post, stating that FET is “primed to reach $3 soon,” and urged followers to monitor developments closely for the next moves.

FET Price Breakout on Lower Timeframes Confirms Shift in Structure

Meanwhile, another crypto analyst, WorldOfCharts, offered a complementary perspective by analyzing the lower timeframe movements of FET.

Lower timeframe chart of FET- showing a breakout from a descending channel and a new bullish structure- third spot entry at 35% profit- Key support at 0.50/0.53- Key resistance at 0.78/0.80- aiming for 1.45 & 2.00- bật mongodb

According to the analyst, Artificial Superintelligence Alliance (FET) moved within a descending channel from November 2024 to early April 2025, forming consistent lower highs and lower lows. However, the price broke above the channel’s upper boundary in April, marking a technical shift from bearish to bullish.

Following the breakout, FET price rapidly gained strength, achieving a 35% profit on WorldOfCharts’s third spot entry. The analyst emphasized using strategic spot buying on solid projects during technical breakouts as a method that often yields positive results.

The key support is now at $0.50 to $0.53, while resistance is expected around $0.78 to $0.80. A break above this level could open the door for a continuation of the rally, potentially targeting the next resistance at $1.45, which is the 50% Fibonacci retracement level of the 2021 all-time high to 2023 low.

Analysts Align on Positive Short-Term and Long-Term Outlooks

Both analyses converge on the notion that FET price action is entering a strong bullish phase, which aligns with the prevailing market sentiment in the cryptocurrency domain.

While the monthly chart points to a broader, longer-term climb, the lower timeframe signals immediate strength and the potential for near-term gains. FET’s ability to maintain support around $0.34 and $0.50 will likely determine the next phase of price action.

Analysts are closely observing if the token can break key resistance levels to continue its momentum toward the projected $3 target.

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