Artificial Superintelligence Alliance Price Prediction: FET Jumps 8% As Pepe Unchained Presale Barrels Past $58.4M Amid CEX Listing Rumors
Release: 2024/11/30 00:54 Reading: 644
Artificial Superintelligence Alliance Price Surge
The Artificial Superintelligence Alliance (FET) price experienced a significant 8% surge within 24 hours, reaching $1.299 as of 02:42 a.m. EST. Trading volume skyrocketed by 90%, reaching $1.4 billion.
Bullish Trend Analysis
The 4-hour timeframe price action for FET suggests a bullish trend. The price broke above key moving averages, indicating upward momentum.
A potential cup-and-handle pattern, typically bullish, has emerged with a rounded bottom structure. This pattern indicates a potential continuation of the uptrend.
According to GeckoTerminal data, the $1.3 level enabled FET to breach the neckline at $1.56.
The price surge has pushed FET over the 50-day and 200-day Simple Moving Averages (SMAs), forming a golden cross around $1.30. This strengthens the overall bullish sentiment.
Technical Indicators
The Relative Strength index (RSI) is currently at 62, indicating that FET is in a bullish territory. However, it is not yet considered overbought (above 70), suggesting potential for further upward movement.
The Moving Average Convergence Divergence (MACD) also supports the bullish trend. The blue MACD line has crossed over the orange signal line, and the histogram shows positive bars, indicating strengthening upward momentum.
FET Price Prediction
The breakout above the $1.50 resistance suggests further upside potential. If the bullish trend continues, FET could potentially surge to the $1.90 resistance zone.
Conversely, if the bullish momentum weakens, FET could experience a correction towards the $1.32 support level.
Pepe Unchained Presale
Investors are also showing interest in Pepe Unchained ($PEPU), which has raised over $58.4 million in its presale. YouTube channel 99Bitcoins believes PEPU has the potential for significant growth post-launch.
Pepe Unchained aims to launch its own Layer 2 blockchain, offering faster transaction speeds and lower fees than Ethereum. It also includes a dedicated block explorer and decentralized exchange (DEX).
Additionally, PEPU plans to incorporate other meme coins into its ecosystem and has initiated developer grants to attract talent for further development.
Token holders can earn passively through staking, offering an annual percentage yield (APY) of 59%.
PEPU can be purchased on the official website for $0.01295 each using ETH, USDT, or a bank card.
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