Artificial Superintelligence (FET) is poised for a significant price surge, driven by its bullish on-chain metrics and potential breakout.
FET could soar by 26% to the $1.95 level or even higher if it closes a daily candle above the $1.5 level.Despite the current bearish market sentiment, FET has surged by over 28% in the past four days, outperforming major cryptocurrencies likeAMBCrypto’s look at TradingView revealed that FET’s fortunes appeared bullish at press time, as it was trading above the 200 Exponential Moving Average on a daily time frame.
Thus, based on the historical price momentum, if FET closes a daily candle above the $1.5 level, there is a high possibility it could soar by 26% to the $1.95 level or even higher.FET Long/Short ratio was 1.03 at press time, indicating bullish market sentiment. A value above 1 means more traders are betting on FET’s price rise.
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