FET Shows Major Bullish Signs Amid Market Recovery, $19 Soon
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![FET to $19? Analyst Predicts Bullish Future](https://coinedition.com/wp-content/uploads/2024/07/455.jpg)
- FET has dropped more than 5.5% and is trading at $1.34.
- “Wealth Crypto” predicted that FET would trade between $8 and $19 soon.
- The OCEAN, FET, and AGIX merger was completed on July 1.
FET, the native token of Artificial Superintelligence Alliance (ASI), is on the path to print remarkable gains as the chart pattern of the altcoin has turned bullish, gaining Fibonacci levels and indicating signs of a potential reversal and higher highs in the near future.
As pointed out by “Wealth Crypto” on social media platform X (formerly known as Twitter), FET is one of the bullish charts in the crypto space and is quite close to the highs achieved by major performing cryptocurrencies in the digital asset sector.
In a chart, the analyst highlighted that FET is “one of the most bullish charts in terms of Fibonacci levels it has gained” and has formed a rising pattern in the short term. These Fibonacci levels indicate that the altcoin might have reached a level where it might find support and that the chances of a reversal are high.
It is important to note that traders use Fibonacci levels to make decisions about entering or exiting trades, and according to We…
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