Artificial Superintelligence Alliance Price Prediction for Today, August 31 – FET Technical Analysis

On Aug 31, 2024

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The Artificial Superintelligence Alliance price prediction shows that FET has not experienced significant growth over the past few days.

Artificial Superintelligence Alliance Prediction Statistics Data:

Artificial Superintelligence Alliance price now – $1.169
Artificial Superintelligence Alliance market cap – $2.95 billion
Artificial Superintelligence Alliance circulating supply – 2.52 billion
Artificial Superintelligence Alliance total supply – 2.63 billion
Artificial Superintelligence Alliance Coinmarketcap ranking – #28

Getting involved in crypto projects early can be a game-changer for maximizing returns. Take the Artificial Superintelligence Alliance as a prime example. Since hitting its all-time low of $0.00827 on March 13, 2020, the token has soared by an astounding 14,041.06% over the past four years. While it’s currently trading below its peak of $3.47, achieved just five months ago, this impressive growth showcases the tremendous opportunities available to early investors.

FET/USD Market

Key Levels:

Resistance levels: $1.70, $1.90, $2.10

Support levels: $0.70, $0.50, $0.30

Artificial Superintelligence Alliance Price Prediction for Today, August 31 – FET Technical Analysis

FETUSD – Daily Chart

FET/USD is currently experiencing significant volatility, driven by broader market influences like Nvidia’s recent earnings report. This volatility is typical for Artificial Superintelligence Alliance, a cryptocurrency known for its fluctuating price movements. The daily chart shows that the Artificial Superintelligence Alliance is consolidating after a strong bullish push that peaked at $1.45 a few days ago. However, the market has since seen bearish breakouts, indicating a potential decline in momentum.

Artificial Superintelligence Alliance Price Prediction: FET Price May Head to the Upside

Artificial Superintelligence Alliance (FET) price is now moving within a tight range between $1.15 and $1.24, reflecting a period of market indecision. This range-bound movement suggests that traders are waiting for clearer signals before committing to any major positions. The consolidation phase indicates that the Artificial Superintelligence Alliance might be preparing for its next significant move, but the direction is still uncertain.

However, while the Artificial Superintelligence Alliance (FET) is not currently at an ideal buy point, the market conditions suggest potential opportunities may arise soon. Traders should monitor the $1.00 support level and the $1.25 resistance level for any signs of a breakout. These key levels, along with changes in order flow and market momentum, could provide valuable insights for making informed trading decisions soon. Meanwhile, the potential resistance levels could be located at $1.70, $1.90, and $2.10 while any bearish cross could hit the supports at $0.70, $0.50, and $0.30 respectively.

FET/BTC Remains at the Downside

Looking at the daily chart, the Artificial Superintelligence Alliance (FET) is seen moving sideways as the coin is yet to record a tremendous gain. However, the buyers may continue to gather momentum, it is likely that the coin to begin an upward movement if the bulls return to the market.

Meanwhile, a bullish movement above the 9-day moving average could push the Artificial Superintelligence Alliance price to the resistance level of 2900 SAT and above. Looking from below, FET/BTC is likely to cross below the 21-day moving average, and breaking below the channel could bring the price to the new low of 1200 SAT and below.

Nevertheless, with a following of over 344k on X (formerly Twitter), @cryptojack has analyzed that $FET is breaking out of its falling wedge pattern and is likely to retest the $2.6 resistance level soon.

The price of $FET is breaking out of the falling wedge and will likely retest the $2.6 resistance level soon. pic.twitter.com/gtKtu06wMR
— CryptoJack (@cryptojack) August 31, 2024

Artificial Superintelligence Alliance Alternatives

The price of Artificial Superintelligence Alliance (FET/USD) could see an upward movement with potential resistance at $1.25 if buyers re-enter the market. However, despite its substantial $2.9 billion valuation and 28th rank on CoinMarketCap, the growth potential of the Artificial Superintelligence Alliance may be constrained by its current size. In contrast, Pepe Unchained, a new Layer 2 blockchain project, has attracted significant attention for its high speed, security, low transaction fees, and focus on meme culture. The project has already raised $11.3 million in its presale stage, demonstrating strong demand even in a cautious market environment.

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