Artificial Superintelligence Alliance (FET) Price Surges 16% on Increased Trading Volume

The Artificial Superintelligence Alliance price surged 16% in the last 24 hours to trade at $0.967 as of 7:01 a.m. EST on an 84% increase in daily

The Artificial Superintelligence Alliance price surged 16% in the last 24 hours to trade at $0.967 as of 7:11 a.m. EST on Tuesday on an 84% increase in daily trading volume to $438 million.

According to the FET/USDT chart, the FET price is now hanging around Support 1 at $0.960. Over the past seven days, it’s been up 20.4%, nearing key resistance levels. The chart shows that FET has been chilling in a descending channel, keeping the price action in a downward movement.

The two key support levels to watch are: Support 1 at $0.960 (which the price is currently above) and Support 2 at $0.180. If the price dips below Support 2, it might continue decreasing.

The Relative Strength Index (RSI) is at 65.94, getting closer to overbought territory (above 70). This means FET is heating up a bit quickly.

What’s more, the Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover occurred around early April. Currently, the indicator shows the RWA crypto is still moving upward as the MACD line (blue) is trending above the signal line (orange).

FETUSDT Analysis Source: Tradingview

The chart shows that if the price breaks out from the channel and manages to pierce through the resistance around $1.193, which coincides with the 200-day simple moving average (SMA), it could continue its ascent towards $2.02.

A further breakout above $2.02 might propel the token towards $3.48, the high reached in early 2025.

However, if the price fails to break the resistance and instead drops below Support 1 at $0.960, it might test Support 2 at $0.180, which could lead to further declines.

As the Artificial Superintelligence Alliance price prepares to choose a direction, the excitement around MIND of Pepe (MIND) is also heating up with its presale already exceeding $10 million and less than eight days remaining.

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