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The price of FET has increased by more than 58% in the last seven days and reached the range of $0.34. The next resistance of FET is in the range of $0.4, if it is broken, the price can first reach the level of 0.56 and then the psychological border of $1.
On the other hand, if FET fails to cross the $0.4 range, the probability of the price of this altcoin returning to the $0.29 and $0.26 supports will increase.
In the long-term view, some analysts point to a bearish corner pattern in the FET weekly chart and believe that a valid failure of this pattern above the $1 range could lead to a 348% growth of FET to the $3.48 resistance in the first half of next year.
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