FET’s price indicates bullish momentum with a breakout above 1,290 USD, supported by Fibonacci levels. The next resistance identified at 1,335 USD may see increased selling pressure.
The Relative Strength Index shows upward momentum for FET, currently between 55-60, suggesting there’s room for additional gains without reaching overbought conditions.
Overall, the crypto market experienced a growth of over 2% in the past 24 hours, crossing 3.2 trillion USD in total market cap. This positive trend enhances liquidity and trading volumes for assets like FET.