The post Analyzing Artificial Superintelligence Alliance’s 16% jump: $0.30 next for FET? appeared on BitcoinEthereumNews.com.

Amid the broader crypto market resurgence, the Artificial Superintelligence Alliance made a strong trend reversal. After a week of sideways movement, FET finally defended the $0.20 level and climbed to a local high of $0.239 before slightly retracing. As of this writing, Artificial Superintelligence Alliance [FET] traded at $0.238, up 15.5% on the daily charts. With the price uptick, the altcoin flipped its 9-day moving averages, reflecting strong upside momentum.  FET rallied a sector-wide strength as AI tokens made considerable gains, with all major AI coins, including TAO and Render, rebounding. Thus, the market shows renewed positive sentiment in the AI narrative, driving significant capital inflow into the sector. FET, alongside other AI coins, experienced strong speculative demand.  FET sees renewed capital rotation Amid sector-wide capital rotation, FET saw massive capital inflows as late buyers rushed into the market to position themselves.  Over the past 24 hours, over 17.7 million FET flowed out of exchanges, compared to 16.2 million in inflows. As a result, the altcoin’s Exchange Netflow dropped to -1.5 million, down significantly from 7k the previous day.  Source: CryptoQuant Such a trend reversal indicated a significant shift in market sentiment, with buyers outpacing sellers.  Additionally, the altcoin’s Exchange Reserve plummeted to 384 million, marking a 2024 low. Often, a lower exchange reserve, especially for altcoins, has indicated reduced selling pressure and higher buying outflows.  Source: CryptoQuant Thus, FET has become increasingly scarce, effectively reducing the supply available for immediate sale. Often, greater scarcity has accelerated an asset’s upward momentum, leading to higher prices.  Whales remain bearish, though Despite the recent market pump, spot whales have remained skeptical and are holding back the market. Spot Average Order Size data from Cryptoquant showed sustained whale participation on the spot market. Source: CryptoQuant These large market players have repeatedly entered the…

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Filed under: News - @ March 24, 2026 10:30 pm