Altcoins News
By Maheen Hernandez
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Fetch.ai’s token, FET, part of the newly formed Artificial Superintelligence Alliance, has posted an impressive 53% gain over the past 11 days.
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On the daily chart, FET has decisively shifted its market structure, moving from a prolonged downtrend to a more encouraging upward trajectory. The breakthrough above $0.
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For swing traders, this shift is especially meaningful. As long as the token holds above $0.566, the bias remains bullish, and the next key level in sight is $0.75.
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Technical indicators further reinforce the growing optimism. The Directional Movement Index (DMI) reveals a clear bullish trend in progress, with both the ADX and the +DI lines…
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Looking at market positioning, recent data shows a nearly perfect balance between buy and sell taker volume — indicating that both bulls and bears are still active in the market.
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Data from Coinglass adds another layer to the analysis. The three-month liquidation heatmap identifies high liquidity zones between $0.60–$0.63 and another cluster around $0.85.
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Exchange activity supports this outlook as well. While inflow and outflow volumes aren’t drastically skewed, the broader behavior points to a market that is increasingly leaning…
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Of course, no crypto asset moves in isolation, and FET remains closely tied to Bitcoin’s broader trend.
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In conclusion, the technical and on-chain evidence suggests that FET may continue its upward journey, with $0.75 acting as the immediate hurdle.
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