Artificial Superintelligence Alliance

Date: Tue, March 25, 2025 | 10:56 AM GMTThe cryptocurrency market is showing strong signs of a rebound as Bitcoin (BTC) and Ethereum (ETH) both surged by 5% and 9% over the past seven days. This has provided much-needed relief to <a href="https://coinsprobe.com/story-ip-gains-momentum-following-key-breakout-could-this-propel-it-to-a-new-ath/" rel="noopener noreferrer nofollow">altcoins </a>that suffered sharp corrections following the late 2024 rallies.As sentiment gradually improves, the AI-focused token Artificial Superintelligence Alliance (FET) is gaining traction, surging over 11% in the past week. A recent technical analysis suggests that a potential rebound could erase its 90-day-long heavy correction and lead to a strong price recovery.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/9f4ea4ee3e1b4c9f828fa88ae3e028e2.png" />Source: Coinmarketcap<h3 id="bullish-shark-pattern-hints-at-rebound">Bullish Shark Pattern Hints at Rebound</h3>According to renowned crypto analyst <a href="https://x.com/CryptoNewton/status/1904120929837342893" rel="noopener noreferrer nofollow">Shelby</a>, FET has been in a sharp downtrend since reaching its peak at $2.16 in December 2024. The token saw a significant price drop, hitting a low of $0.42, leading many to believe the bearish trend would continue. However, technical indicators are now signaling a potential reversal.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/40b40cd48d8c428a98f80a152a6c54b7.jpeg" />FET Weekly Chart/Source: &#64;CryptoNewton (X)One of the key bullish signals is the formation of a Shark harmonic pattern, a reversal structure that typically indicates an upcoming price surge. This pattern was completed at point D ($0.42), which coincided with a strong support zone, triggering a bounce back to $0.55.If FET continues its upward trajectory, the next major resistance level sits at $1.08, aligning with previous price rejections. A breakout above this level could open the doors for further gains toward $1.43-$1.65, marking a potential 192% rally from current levels.Additionally, momentum indicators like the RSI are beginning to show signs of bullish divergence, further strengthening the case for a sustained recovery. However, FET must maintain support above $0.50 to avoid slipping back into the downtrend.<h3 id="final-thoughts">Final Thoughts</h3>With a bullish harmonic pattern in play, improving sentiment in the broader crypto market, and growing interest in AI-based tokens, FET may be on the verge of a strong rebound. However, traders should closely monitor resistance levels and market conditions before making any decisive moves.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/sei-and-gala-hold-key-support-after-major-decline-will-this-pattern-spark-a-recovery/" rel="noopener noreferrer nofollow">SEI and GALA Hold Key Support After Major Decline – Will This Pattern Spark a Recovery?</a>

Is FET Poised for a Rebound? Analyst Spots Key Harmonic Pattern Signaling an Upside Move

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