FET Aims for New Heights Amid Massive Macro Uptrend

The altcoin FET is currently sitting inside a massive macro uptrend, according to experts who expect a bullish comeback for FET. The price of FET has been climbing higher, with a current trading price of $0.20 and an increase of over 40% in the last seven days.

Two years ago, the price of FET hit its all-time high (ATH) at $3.4, which is still within reach for the asset. To reclaim this price, the price of FET would need to experience a significant pump of over ten times.

An expert analyzed the price chart of FET and highlighted the long-term ascending structure that the asset has been following since 2020. Despite brutal corrections, the support line remains intact, with the price currently sitting near the lower part of this structure.