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Artificial Superintelligence Alliance Price Prediction: Current Analysis of FET

Sep 1, 2024
  1. Current Price and Market Data
  2. FET/USD Market Technical Analysis
  3. Growth Prospects and Key Levels for FET/BTC

In recent days, the price of Artificial Superintelligence Alliance (FET) has shown no significant growth. Market analysis provides an overview of the current price, market cap, and overall coin dynamics.

Current Price and Market Data

Currently, the price of Artificial Superintelligence Alliance is $1.169. The market capitalization is $2.95 billion, with a circulating supply of 2.52 billion and a total supply of 2.63 billion. The coin ranks 28th on Coinmarketcap.

FET/USD Market Technical Analysis

Key resistance levels are $1.70, $1.90, and $2.10, while support is at $0.70, $0.50, and $0.30. The FET/USD chart shows significant volatility, driven by broader market influences like Nvidia’s recent earnings report. The coin is consolidating after a strong bullish push, peaking at $1.45, but bearish breakouts hint at a potential decline.

Growth Prospects and Key Levels for FET/BTC

FET/BTC is currently moving sideways without showing significant gains. However, if buyers gain momentum, the coin may exhibit upward movement with the return of the bulls to the market. The chart also indicates that breaking above the 9-day moving average could push the price to the resistance level of 2900 SAT and higher. Analyst @cryptojack has noted that FET is breaking out of its falling wedge pattern and may soon retest the $2.6 resistance level. > The price of $FET is breaking out of the falling wedge and will likely retest the $2.6 resistance level soon. [Sources](https://twitter.com/cryptojack/status/1829852118942896153)

Thus, the price of Artificial Superintelligence Alliance (FET) might see upward movement if buyers re-enter the market. However, despite the significant market capitalization and current rank, the growth of the coin might be limited by its current metrics.

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