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<ul class="news-points"> 
 <li>FET climbed to $0.39 but was immediately rejected after the breakout.</li> 
 <li>The $0.36 region could be the perfect entry point should selling momentum drive FET there.</li> 
 <li>With November filled with AI updates, traders are bullish on FET’s price action.</li> 
</ul> 
As altcoins continue to trend higher, AI tokens like <a href="https://coinedition.com/should-fetch-ai-fet-investors-expect-another-50-hike/">Fetch.ai (FET)</a> have also not been left behind. Previously, Coin Edition <a href="https://coinedition.com/should-fetch-ai-fet-investors-expect-another-50-hike/">reported</a> how FET has been performing well, as many AI-related conferences were billed for November. 
FET continued to build upon its initial hike. For instance, FET broke out of the $0.36 consolidation area on November 6. This breakout resulted in an 8% increase as the price hit $0.39 on the same day. However, its price at $0.39 was short-lived today, and an attempt to retest the zone was met with resistance, pushing the token price down to $0.38. 
However, Caleb Franzen, trader and founder of Cubic Analytics, opined that FET was still bullish. Before his latest post on X (formerly Twitter), Franzen had also projected a breakout for FET on November 6. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 FetchAI <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$FET</a> doing bullish things. <a href="https://t.co/a37QYJX9nj" target="_blank" rel="nofollow">pic.twitter.com/a37QYJX9nj</a>— Caleb Franzen (@CalebFr…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/fetch-ai-fet-price-analysis-why-0-50-could-be-on-the-radar/">Fetch.ai (FET) Price Analysis: Why $0.50 Could Be On the Radar</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Fetch.ai (FET) Price Analysis: Why $0.50 Could Be On the Radar

Coin Edition

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