{"id":457403,"date":"2025-01-07T07:00:16","date_gmt":"2025-01-07T01:30:16","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=457403"},"modified":"2025-01-06T17:11:20","modified_gmt":"2025-01-06T11:41:20","slug":"fet-crypto-eyes-another-30-rally-assessing-the-possibility","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/fet-crypto-eyes-another-30-rally-assessing-the-possibility\/","title":{"rendered":"FET crypto eyes another 30% rally &#8211; Can it happen?"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">FET crypto outperformed BTC, ETH, and other key assets with a 7.5% upside momentum in the past 24 hours.\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">80.23% of top traders on Binance built long positions, while 19.77% built short positions.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/ambcrypto.com\/predictions\/fetch-ai-price-prediction\" target=\"_blank\" rel=\"noopener\">Artificial Superintelligence Alliance [FET]<\/a> is making waves in the cryptocurrency realm following the formation of bullish price action and a recent price rally. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The current market sentiment appears confusing as <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Bitcoin [BTC]<\/a> nears the $100,000 mark yet again with an impressive 1.36% upside momentum, while other cryptocurrencies seemed to struggle.<\/span><\/p>\n<h2><b>FET crypto outperforms BTC, ETH<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Amid this market uncertainty, FET has noted a 7.5% upside momentum in the past 24 hours. This led to a significant increase of trading volume by 92.5% in the same period.<\/span><\/p>\n<p>According to the on-chain analytics firm Coinglass, FET appeared bullish, with long-term holders and traders going long.<\/p>\n<h2><b>Market sentiment drive FET\u2019s surge<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Data from spot inflow\/outflow revealed that exchanges have witnessed an outflow of nearly $1 million worth of FET tokens in the past 24 hours. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In cryptocurrency, outflow refers to the movement of assets from exchanges to wallets, considered a bullish sign. This can create upward momentum and increase buying pressure on the asset.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to the recent accumulation by long-term holders, traders have also shown significant interest in the altcoin, making notable bets on the long side. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Coinglass\u2019s Binance Long\/Short Ratio was 4.06 at press time, reflecting strong bullish market sentiment among traders.<\/span><\/p>\n<figure id=\"attachment_457408\" aria-describedby=\"caption-attachment-457408\" style=\"width: 1712px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226.png\"><img decoding=\"async\" class=\"wp-image-457408 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226.png\" alt=\"Binance long\/short ratio\" width=\"1712\" height=\"406\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226.png 1712w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226-300x71.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226-1024x243.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226-768x182.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226-1536x364.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/image-2025-01-06T162702.226-1200x285.png 1200w\" sizes=\"(max-width: 1712px) 100vw, 1712px\" \/><\/a><figcaption id=\"caption-attachment-457408\" class=\"wp-caption-text\">Source: Coinglass<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Data further reveals that, in the past 24 hours, 80.23% of top traders on Binance built long positions, while 19.77% built short positions.<\/span><\/p>\n<h2><b>Technical analysis and key levels\u00a0<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to AMBCrypto\u2019s technical analysis, FET has recently broken out of a tight consolidation zone and has begun moving upward. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The asset has retested the 200 Exponential Moving Average (EMA), suggesting a successful breakout and potential upside momentum.<\/span><\/p>\n<figure id=\"attachment_457405\" aria-describedby=\"caption-attachment-457405\" style=\"width: 1814px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894.png\"><img decoding=\"async\" class=\"wp-image-457405 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894.png\" alt=\"FET technical analysis\" width=\"1814\" height=\"806\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894.png 1814w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894-300x133.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894-1024x455.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894-768x341.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894-1536x682.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2025\/01\/FETUSDT_2025-01-06_16-25-13-e1736160963894-1200x533.png 1200w\" sizes=\"(max-width: 1814px) 100vw, 1814px\" \/><\/a><figcaption id=\"caption-attachment-457405\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"https:\/\/ambcrypto.com\/predictions\/fetch-ai-price-prediction\">Artificial Superintelligence Alliance&#8217;s [FET] Price Prediction<\/a> 2025\u20132026<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Based on the recent price action and technical analysis, there is a strong possibility that FET could soar by 30% to reach the $2.05 mark in the near future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, FET\u2019s Relative Strength Index (RSI) was 56 at press time, indicating it was below the overbought zone and hinting at further upside momentum in the coming days.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With current market sentiment, FET could soar by 30% to reach the $2.05 mark.\u00a0<\/p>\n","protected":false},"author":97,"featured_media":457440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[6427],"class_list":["post-457403","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FET crypto eyes another 30% rally - Can it happen? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"FET crypto has shown impressive momentum, surging 20% in just 7 days, with strong bullish signals indicating the potential for a 30% rally.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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