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Is FET Price USD Is Preparing For a Big Move Towards $1.10?

Is FET Price USD Is Preparing For a Big Move Towards $1.10?

Coinpedia2025/11/11 01:54
By:Coinpedia
Story Highlights

The FET price USD has shown a strong November recovery, breaking from a local swing-pattern failure zone and reclaiming the 34-EMA for the first time since September. As FET price today consolidates under major resistance, traders now focus on whether the asset can clear key Fibonacci zones to shift toward a meaningful bullish structure.

According to the recent post from “amebocrypto” on CoinMarketCap, the recent breakout from the local swing-pattern failure zone propelled the FET price chart into the bearish retest region near the 38.2% Fibonacci level, around $0.395. This explosive move upward met fast rejection, suggesting heavy supply pressure and an overextension into a resistance pocket.

Despite the resistance, FET/USD has still managed to reclaim the 34-EMA on the daily timeframe, a level it had not held since September. This reclaim marks a structural improvement but still requires confirmation through a sustained close above the $0.395–$0.41 resistance cluster.

If buyers fail to reclaim this zone, FET crypto may revisit structural supports near $0.293 and potentially $0.26, levels that previously held the broader trend together.

Amebocrypto further explains that in FET/USD a clean breakout and a decent close above $0.41 would most probably invalidate the bearish retest and could even open the path toward Upside Target 1 that’s near $0.568. This level is considered the next major barrier that price needs to clear before larger bullish structures can form.

Is FET Price USD Is Preparing For a Big Move Towards $1.10? image 0 Is FET Price USD Is Preparing For a Big Move Towards $1.10? image 1

A reclaim of $0.568 would shift market sentiment dramatically, aligning with the adjusted weekly falling-wedge pattern that has been forming since the 2024 decline. Based on current momentum, a wedge breakout could push the FET price forecast 2025 toward $1.0–$1.10 before year-end, assuming market conditions remain favorable.

Such a move reflects the technical potential visible on higher timeframes, where compression phases often lead to explosive expansions once resistance is flipped.

The broader outlook shows that the adjusted weekly falling-wedge pattern remains intact, suggesting that FET is nearing the upper border edge of a long consolidation structure. If the coin builds momentum and extends beyond $1.10, the first half of 2026 may shape into a significant rally.

Is FET Price USD Is Preparing For a Big Move Towards $1.10? image 2 Is FET Price USD Is Preparing For a Big Move Towards $1.10? image 3

If the wedge breakout sustains, FET price prediction outlook suggest that the market may attempt to revisit the $3.48 all-time high in the first half of 2026. This scenario depends heavily on a confirmed breakout above $0.568, followed by a 2025 close above $1.00, based on weekly FET price chart’s observation.

As November progresses, the FET price USD outlook sits at a critical pivot point between a continuation of consolidation and a potential multi-month trend reversal.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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