CandleFocus

Here Is Why FET Price Could Be Getting Ready for a New All-Time High

The article highlights how FET is establishing itself as the dominant force in the AI cryptocurrency space, surpassing its competitors in market cap and trading volume. FET currently holds the largest market capitalization among AI-related coins, and its trading volume is more than 4.5 times that of its closest competitor. The year-to-date price of FET has surged by an impressive 126.78%, outperforming its competitors. Around 75% of FET addresses are in profit, suggesting strong market sentiment. FET recently formed a golden cross, indicating bullish momentum, and if the uptrend continues, FET may test key resistance levels and potentially reach new all-time highs. However, a reversal in the uptrend could lead to support levels being tested, which may determine FET's future momentum.

Related News