{"id":21110,"date":"2025-04-15T05:08:12","date_gmt":"2025-04-15T05:08:12","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/21110\/"},"modified":"2025-04-15T05:08:12","modified_gmt":"2025-04-15T05:08:12","slug":"fet-rallies-50-but-for-more-gains-this-price-level-should-hold","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/21110\/","title":{"rendered":"FET rallies 50% &#8211; But for more gains, THIS price level should hold"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\">FET experienced a sharp decline to $0.34 during the recent market-wide selloff but has since rebounded nearly 50%.<\/li>\n<li style=\"font-weight: 400;\">On-chain data reinforced stealth accumulation and potential smart money deployment.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/ambcrypto.com\/predictions\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">Artificial Superintelligence Alliance [FET]<\/a> wicked down to the $0.34 handle during the recent market-wide selloff. However, it has since reversed nearly 50%, flashing signs of strong dip demand.\u00a0<\/p>\n<p>In fact, over the last 72 hours, on-chain and CEX data show over 1 million FET scooped across the <a href=\"https:\/\/cryptoquant.com\/asset\/fet\/chart\/exchange-flows\/exchange-netflow-total\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">spot market<\/a>. Hence, a clear sign of stealth accumulation.\u00a0<\/p>\n<p>Consequently, market makers are now eyeing $0.34 as a structural support level, potentially front-running a broader leg up.\u00a0<\/p>\n<p>If inflows persist, can FET set the stage for a breakout reversion toward the $1 macro resistance \u2014 which was last breached in late January before distribution set in?<\/p>\n<p><strong>Weekly growth underpins AI-driven market trend<\/strong><\/p>\n<p>On the <a href=\"https:\/\/coinmarketcap.com\/currencies\/artificial-superintelligence-alliance\/\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">weekly chart<\/a>, the combined market capitalization of AI tokens surged from $21.33 billion to $24.43 billion, highlighting a strong capital influx over the past seven days. FET exemplifies this trend, showcasing solid price action.<\/p>\n<p>During this period, FET outpaced large-cap assets with a 47% rally to $0.54 on the 13th of April. Prior to this breakout, its price action was range-bound in a multi-week accumulation zone \u2013 a textbook setup for volatility expansion.\u00a0<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/FETUSDT_2025-04-14_12-28-28.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-482631\" class=\"wp-image-482631 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"FET\" width=\"1835\" height=\"786\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/FETUSDT_2025-04-14_12-28-28.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-482631\" class=\"wp-caption-text\">Source: TradingView (FET\/USDT)<\/p>\n<p>As mentioned earlier, on-chain outflows and CEX data validate the move, with accumulation trends signaling smart money front-running the breakout. Meanwhile, as capital continues to rotate into AI majors, <a href=\"https:\/\/x.com\/MohamedGSewid\/status\/1911306686117138921?t=2RxF0ht0CbEoi9Skewtwig&amp;s=19\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">speculation<\/a> is mounting around a potential all-time high retest by the end of Q2.\u00a0<\/p>\n<p>Notably, with FET now ranked among the weekly <a href=\"https:\/\/coinmarketcap.com\/gainers-losers\/\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">top gainers<\/a>, spot demand climbing, and technicals aligning for a range breakout, $0.34 may now be established as a structural launchpad.<\/p>\n<p data-pm-slice=\"1 1 []\">Does this entire setup flip FET\u2019s recent \u201cdip\u201d into a high-risk\/reward opportunity?<\/p>\n<p><strong>FET\u2019s undervaluation fails to draw smart money attention<\/strong><\/p>\n<p>FET\u2019s undervaluation is reflected in its MVRV Z-score, which is currently at a two-year low of -1.50. Hence, below the green band, a region traditionally indicative of oversold conditions and potential accumulation zones.\u00a0<\/p>\n<p>Based on the chart, the $1.12 level aligns with the prior green-band interaction, suggesting a potential local bottom.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/glassnode-studio_fet-mvrv-z-score.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-482652\" class=\"wp-image-482652 size-full\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" alt=\"MVRV\" width=\"3200\" height=\"1800\" data-lazy- data-lazy- data-lazy-src=\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/04\/glassnode-studio_fet-mvrv-z-score.png\"\/><\/a><\/p>\n<p id=\"caption-attachment-482652\" class=\"wp-caption-text\">Source: Glassnode<\/p>\n<p>However, FET\u2019s <a href=\"https:\/\/studio.glassnode.com\/charts\/indicators.NetUnrealizedProfitLoss?a=FET&amp;zoom=all\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">Net Unrealized Profit\/Loss (NUPL)<\/a> has remained entrenched in the red since the 5th of January, when price action was at $1.60.\u00a0<\/p>\n<p>This correlates with a 70% Fibonacci retracement from the January high, bringing the asset to its current market price of $0.50, which points to an extended phase of market capitulation.\u00a0<\/p>\n<p>Why does this matter? This correlation shows institutional and smart money capital has largely stayed on the sidelines, unable to absorb the sell-side pressure, which prevented $1.12 from serving as a confirmed support zone.<\/p>\n<p>The NUPL, still deeply negative, alongside a <a href=\"https:\/\/studio.glassnode.com\/charts\/indicators.Sopr?a=FET&amp;zoom=all\" target=\"_blank\" rel=\"noopener nofollow external noreferrer\" data-wpel-link=\"external\">positive SOPR<\/a>, suggests profit-taking is still active, showing the market hasn\u2019t reached selling exhaustion. In short, sell-side liquidity remains high.\u00a0<\/p>\n<p>While early signs of smart money accumulation are emerging, net flows remain insufficient to absorb the overhead supply. This puts $0.34 at risk of failing as structural support \u2013 mirroring the breakdown at $1.12.<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tPrevious: <a href=\"https:\/\/ambcrypto.com\/is-bitcoin-headed-for-76k-peter-brandts-bearish-warning\/\" rel=\"next noopener\" data-wpel-link=\"internal\" target=\"_blank\">Is Bitcoin headed for $76K? \u2013 Peter Brandt\u2019s bearish warning<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\tNext: <a href=\"https:\/\/ambcrypto.com\/mantra-crashes-90-in-24-hours-heres-what-happened-to-om\/\" rel=\"prev noopener\" data-wpel-link=\"internal\" target=\"_blank\">Mantra crashes 90% in 24 hours \u2013 Here\u2019s what happened to OM<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"FET experienced a sharp decline to $0.34 during the recent market-wide selloff but has since rebounded nearly 50%.&hellip;\n","protected":false},"author":2,"featured_media":21111,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-21110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114340253155664067","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/21110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=21110"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/21110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/21111"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=21110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=21110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=21110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}