Analysts are closely watching Fetch.ai’s FET token, which is trading near $0.16 after a prolonged decline from its 2024 highs. Two analysts, Flippix and Alaric De Vaux, have identified chart patterns resembling periods before FET’s biggest historical rallies. Previous cycles saw gains of 1,502% and 2,366% following extended accumulation phases. A potential third cycle could target a 3,180% increase, aiming for the $6-$7 range over roughly 60 weeks. Beyond the price charts, Fetch.ai continues developing its Agentic Intelligence platform for AI agents, which could provide fundamental support. The token’s future depends on maintaining support levels and breaking resistance with high volume.
Fetch.ai’s FET token is drawing analyst attention after two market observers highlighted chart patterns that resemble prior accumulation phases. The token is trading near $0.16 following a prolonged decline from its 2024 highs.
According to analyst Flippix, FET completed two major market cycles. The first cycle delivered a 1,502% gain over 34 weeks following a prolonged accumulation period. The second cycle was larger, surging 2,366% within 23 weeks amid rising interest in AI and blockchain projects.
Both cycles featured sudden surges followed by substantial corrections that erased most gains, according to the analysis. From a historical perspective, the chart presents a possible dramatic increase of 3,180%, which might take FET to the $6-$7 range in around 60 weeks from now.
Analyst Alaric De Vaux arrived at the same conclusion after analyzing the month-to-month chart. He believes FET is going to slowly build on its gains with multiple consolidation phases before making another attempt at the $3 level. This slower recovery scenario suggests the market may still need time before a confirmed uptrend emerges.
Beyond chart analysis, Fetch.ai is making progress on product development. The team recently demonstrated its Agentic Intelligence platform, which allows for the creation and customization of AI agents. This indicates increasing industry attention towards autonomous AI solutions.
The coming months are critical for FET. Any breakthrough accompanied by high volumes would increase the likelihood of another wave of growth. This article contains market analysis and price predictions and is not financial advice.
