FET: can be pushed to a new, higher price zone (2024.03.03)

[MrSpasybo]

I - Onchain data from 52Hz Onchain (in Vietnamese)

FET - the native token of the Fetch.ai platform, a decentralized network for building and deploying AI applications.

AmberGroup, a leading digital asset investment firm focused on crypto, transferred 467,135 FET (approximately $845k) to Binance CEX^[1].

In the past, AmberGroup deposited around 1M-1.5M FET tokens to the exchange before price increases. The current deposit is about 50% of the previous amounts, which could hint that AmberGroup is preparing for another price increase.

Whale average entry price on CEX & Dex in the last 7 days: $1.4-$1.7.

According to data from Scopeschat, FET has broken its previous high and faces no resistance above.

With the growing interest in AI, there is a high probability that AmberGroup will continue to push FET to a new high.

II - Technical analysis (Weekly chart)

FET token price is being very well supported by Kumo cloud (Ichimoku) and Weekly EMA34 (Sonic-R), with absolutely no signs of reversing from increase to decrease.

[1] Money Flow Amber

[KryptoBull]

FET - the native token of the Fetch.ai platform, a decentralized network for building and deploying AI applications.

AmberGroup, a leading digital asset investment firm focused on crypto, transferred 467,135 FET (approximately $845k) to Binance CEX^[1].

The last time AI increased sharply after ChatGPT, many investors were still worried, thinking it was just a short trend because it was unrelated, but the whales continued to push and turn it into a big trend with many tokens creating new peaks before BTC. I can't follow or invest in any AI coin so I'm sorry I missed the opportunity to x10 x20 assets in a short time.

FET continues to be pushed to Binance, and in the near future the whales may even push it to sell at a better price. Congratulations to those of you who have FET and are struggling to keep the huge profit.

[Trongduy]

AmberGroup, a leading digital asset investment firm focused on crypto, transferred 467,135 FET (approximately $845k) to Binance CEX^[1].

In the past, AmberGroup deposited around 1M-1.5M FET tokens to the exchange before price increases. The current deposit is about 50% of the previous amounts, which could hint that AmberGroup is preparing for another price increase.

With the growing interest in AI, there is a high probability that AmberGroup will continue to push FET to a new high.

AI trend is hot, other tokens like AGIX and RNDR are also increasing well, I believe FET is the same as it continues to be accumulated and sent to CEX by big whales. The focus on these tokens will continue in the future as investors are still reading a lot of positive information about the potential of AI in the future, then also think that some AI projects in the crypto market are also potential like that.

FET has adjusted beautifully, has a new peak, there is no reason why it cannot be chosen by big whales to pump in the uptrend.