CandleFocus FET Sets Sights on Recovering October Losses Starting with 10% Hike
2024-11-06
Author: Content Editor
The article highlights that Artificial Superintelligence Alliance (FET) has experienced a 10% increase in price within the last 24 hours, contradicting its performance in October when it decreased by 13.39%. On-chain data suggests that FET may be working to recover those losses. Factors such as rising buying pressure, positive readings on the Bull Bear Power indicator, and a rising Money Flow Index indicate the potential for continued price growth. The IOMAP tool indicates a significant resistance level at $1.28, but surpassing this level could open up further upside potential for FET. If buying pressure continues, FET could rally to $1.44, but failing to breach the resistance could result in a pullback to $1.10.
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