The Shocking Truth Behind FET’s Skyrocketing Price – Are We Heading to $0.50?

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Key Takeaways

So, What’s Pushing FET‘s Price Up?

Well, folks, it’s the whales, the exchanges coughing up FET, and a little thing we like to call leverage. Oh, and did I mention the 11% surge in 24 hours? Yeah, that’s happening.

What’s Next? $0.45? $0.50? $0.60?

FET’s got its eyes set on new targets, but let’s start with $0.45, then maybe $0.50. Who knows? Maybe we’ll see $0.60 too – if we can keep this wild ride going.

FET, the Artificial Superintelligence Alliance [FET], just surged by a stunning 11% in the last 24 hours, according to CoinMarketCap. Lead the pack, baby!

It’s not just hot on the 24-hour charts-FET is up a whole 79% over the past week! And let’s not forget that daily volume is up by 7%. This is no small-time action.

FET Price Analysis

The price of FET broke past the $0.30 barrier, creeping up to $0.45 before getting slapped back down. But did that stop it? Nope! It held its ground and surged upward again. Gutsy, huh?

As for indicators, the Trend Strength Index is above the neutral line and pushing towards 1. This shows the bulls are in control, pushing prices higher-at least for now.

On top of that, the On Balance Volume (OBV) is sitting pretty at $2.05 billion and climbing. Just another sign that the bulls aren’t backing down anytime soon.

Looking ahead, FET is eyeing the $0.45 resistance. Break through that, and it could be smooth sailing toward $0.50-or higher. The next big target? Well, that’s $0.60. You know, if the stars align.

But don’t get too comfortable. If the trend stalls, we could be looking at a bear market. Buckle up!

Now, let’s talk about what’s really driving all this madness.

Whale Orders and Exchange Outflows: The Real Power Players

Since mid-October, exchanges have been seeing massive outflows-around 30 million FET on average. But wait, it gets better! On November 7th, 88 million FET vanished from the exchanges in a single withdrawal.

After that, the outflows started to slow down. Could it be that the whales are taking a breather? Or maybe they’re just waiting for the right moment to make their next move?

That huge outflow in early November? Yeah, it kicked the price up to $0.45. Coincidence? I think not.

The Exchange Reserve has been dropping too. From a high of 578 million FET in mid-October, it’s now at 487 million. Fewer tokens on the exchange, more upward pressure on price. Classic.

And don’t forget those whale orders. Even though the price was on the decline in October, the big players were already increasing their positions. Guess who had the last laugh? Yep, the whales.

Leveraged Orders: The Fuel to the Fire

Ah, the derivative markets. You know, where the big boys come to play. According to CoinGlass data, the cumulative long liquidation leverage is way ahead of the shorts. $2.5 million in long orders compared to $1 million in shorts. Talk about a mismatch!

Here’s the fun part: long orders were loaded up with 10x, 25x, and 50x leverage, while shorts were chilling with 5x leverage. You can do the math here-long orders are about 2.5 times bigger than shorts. Go big or go home, right?

So, yeah, the price of FET isn’t just being pushed by whales and outflows. The leverage in the market is setting this rocket on fire. Add it all up-big orders, big withdrawals, and big bets-and you’ve got yourself a recipe for a serious price surge.

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2025-11-11 17:25