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by: xpoolPosted on: April 14, 2025

Fetch.ai (FET) Breaks Out of Descending Wedge, Signaling Bullish Potential

FET has decisively broken free from a descending wedge pattern, suggesting a bullish reversal and the potential for a substantial rally. Trading near $0.507, the token is now supported by strong volume within its long-term ascending channel, which may extend to targets of around $1.55 to $2.20. Technical indicators suggest this breakout marks a turning point.

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