Artificial Superintelligence Alliance

Artificial Superintelligence Alliance (FET) has shown signs of recovery after a week of losses. The token recorded a 2.07% gain in the past 24 hours, sparking speculation of a potential rebound. Analysts have pointed to historical patterns and technical indicators as possible signals for a more significant price movement in the near term.<h2 id="header-0">Broadening Wedges Signal Potential Upside</h2>On the FET/USDT weekly chart, Clifton Fx identified two descending broadening wedges. These patterns, which display lower highs and lower lows with increasing price ranges, often precede bullish reversals. In FET’s case, a previous wedge breakout led to a remarkable price surge 15 weeks after the breakout. During that rally, FET added $2.9 to its value, marking a 1,353% increase.If history repeats, a breakout above the current resistance trendline could spark a strong upward move. The analyst identified a potential target of $3.00. This aligns with a key resistance level seen earlier this year. Recent consolidation within the wedge also points to an accumulation phase. Such phases often occur before high-momentum breakouts.<a href="https://cryptotale.org/is-fet-sailing-on-a-rally-to-3-the-recovery-signs-on-chart/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Is FET Sailing On A Rally to $3? The Recovery Signs on Chart

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