FET, the token of Artificial Superintelligence Alliance, was one of the top performers in the recent cryptocurrency market relief rally. The AI token has surged nearly 30%, jumping from $1.05 on September 8th to a high of $1.3 on September 10th.

The upswing allowed FET to break above a key long-term trendline resistance, suggesting a potential continuation of the bullish momentum. According to the technical analysis, the daily price chart indicators point to the uptrend potentially extending further.

The demand for FET appears strong, as shown by the above-average reading on the Relative Strength Index (RSI). However, the stochastic RSI has edged closer to the overbought conditions, presenting a mixed signal for short-term traders.

In the best-case scenario, a further surge in FET's price could yield a potential 23% or 55% if the price hits $1.59 or the supply zone at $2. Conversely, a drop below $1.3 would invalidate the bullish outlook and could lead to a pullback to the support zone and daily bullish order block at $1.05 - $1.12.

Source: https://ambcrypto.com/fet-price-prediction-whats-next-after-a-30-jump-in-three-days/

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