Captain Faibik, a popular crypto expert, took to X recently to share a prediction for the Artificial Superintelligence Alliance (FET) token.
Faibik, writing to his followers in an August 27 on the X media platform, noted that FET was approaching a crucial resistance zone around the $1.55 amid an ongoing recovery process. He believes FET could breach the $4.20 territory if the momentum continues.
Captain Faibik’s prediction comes as the Artificial Superintelligence Alliance token struggles to maintain an upside trajectory. FET experienced a week-on-week decline that has left traders frustrated. However, it is believed that the token’s ebbing phase may be approaching a climax.
Additionally, CNF shared a recent report noting that FET rose 67% following the Artificial Superintelligence Alliance’s integration with Near Protocol and Internet Computer. The collaboration among these projects boosted FET’s market value, which, in turn, created an air of optimism about FET among market participants.
Besides Captain Faibik, Javon Marks, another renowned crypto expert, has called attention to a bullish divergence pattern on the FET chart, asserting that the crypto AI token might be gearing up for a 100X rally.
Faibik, on the other hand, projected FET more conservatively than Marks, predicting a to $4.20, a 272% increase from its current price of $1.13. A 100X rally, more ambitious than a 3X, will push FET to $113 in the months ahead.
