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Artificial Superintelligence Alliance Price Analysis: FET Bounces Back From $1.33 Low

Sep 15, 2024
  1. Current Market Status
  2. Artificial Superintelligence Alliance Price Prediction
  3. FET/BTC Market Dynamics

After touching the low of $1.33, the Artificial Superintelligence Alliance price prediction shows that FET may begin to rise if the price heads to the north.

Current Market Status

The current price of Artificial Superintelligence Alliance (FET) is $1.36. The market cap is $3.4 billion, with a circulating supply of 2.52 billion and a total supply of 2.63 billion. FET ranks 24th on Coinmarketcap.

Artificial Superintelligence Alliance Price Prediction

After hitting an all-time low of $0.00827 in March 2020, FET has surged by 16,559.37%. Recently trading between $1.33 and $1.39 over the past 24 hours, the token reached an all-time high of $3.47 in March 2024, marking a 60.34% drop from that peak. Current resistance levels are $1.85, $1.95, and $2.05, with support levels at $0.90, $0.80, and $0.70.

FET/BTC Market Dynamics

If the FET/USD fails to break above the upper boundary of the channel, it may start another decline. Immediate support on the downside is below the 21-day moving averages. In a bearish scenario, key support levels are 2000 SAT and 1800 SAT, with 1600 SAT in case of a significant drop.

Despite potential short-term corrections, current technical patterns suggest the potential for continued growth for FET. The current resistance levels are $1.85, $1.95, and $2.05, making them a reasonable target for the ongoing bullish trend.

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