FET Price Crash Triggers Historic Losses, Yet Whales Accumulate | Airdrop Alert Pro

Artificial Super Intelligence Alliance (FET) has recently experienced a 34 % decline in price, marking its biggest decline in the past few months. This collapse verified a three -month -old model, which predicts this correction.

Although investors are suffering from historical losses, whales seem to be using lower prices, which indicates potential confidence in future recovery.

Artificial Super Intelligent Alliance Investors were scared

Losses for implementation FET holder It reached the highest level in Altcoin’s history. This is the result of many investors sold their shares earlier this week to prevent further losses. As a result, the general market sentiment is still extremely loser.

Many retail investors are hesitant to reflect the pessimistic prospects in the market.

This selling has led to a cautious attitude of investor foundation, and traders have avoided major actions in the market. volatilityEssence At present, people are worried that additional losses have made the accumulated desire too high, causing many people to stay on the court.

Despite a wide range of losses, the whale activities are still bullish. In the past week, the address holding 1 million to 100 million FET has increased about 92 million FETs in its holding of its shareholding, worth $ 70.8 million. The accumulation signal at a lower price level indicates that the whale is positioning itself to perform potential recovery, showing the right Long -term potential of fETEssence

Despite the current market decline, the accumulation of this whale is a key symbol of optimism. Whales are usually regarded as experienced market participants, and their ability to buy during the decline in price may indicate their belief in the final recovery.

FET price prediction: bouncing support

FET’s price is broken When writing this article, the key support level is 1.19 US dollars, down to $ 0.77. This decline confirms the effectiveness of the head and shoulder mode, and it is predicted that 43.6 % will fall to $ 0.73. As expected, the market seems to be experiencing sharp corrections, leading to this major callback.

At present, FET holds support of $ 0.76, which shows that it may have reached the lowest point of the market. If this support is sufficient, the alternative currency will have the opportunity to restore its recent losses. However, in order to successfully recover, FET must flip the support amount of $ 1.04 into support, which marks the end of the correction stage.

On the other hand, if FET failed The support level of $ 0.76 may decrease further. The next potential goal is 0.73 US dollars, which is lower than the level of this level may make the price close to $ 0.64, which will invalidate the prospects of the bullish and cause further losses.