The altcoin market has been under pressure recently, with many tokens experiencing notable price drops. Among them, the Fetch.ai token (FET) has faced a significant decline, raising questions about its future performance. The publication provides the following information: FET's recent struggles may be indicative of broader market trends.
FET's Recent Performance
Since the sharp selloff on October 10, 2025, FET has plummeted by approximately 21%. Despite this downturn, crypto analyst Osemka has identified a potential silver lining, suggesting that FET's current price structure is forming an emerging fractal setup. This pattern is reminiscent of Bitcoin's behavior during its early 2019 correction, where it also experienced a steep decline before finding stability and eventually recovering.
Potential for Recovery
Osemka points out that if FET can successfully bounce back from its current support zone and reclaim its 50-day moving average, it could indicate a shift in momentum. Such a recovery could potentially lead to an upside move of nearly 150% from its current prices. However, investors are cautioned to remain vigilant, as fractal patterns do not guarantee similar outcomes and market conditions can change rapidly.
In contrast to the recent struggles of the Fetch.ai token, the launch of the NIGHT token has garnered attention for its innovative community-driven approach. For more details, see the full article here.
