FET targets a 69% rally if $1.14 support level sustains upward pressure.
THETA eyes a 40% breakout upon confirming daily close above $2.41.
FIL positioned for a 65% upside if support at $4.90 and EMA levels persist.
AI-focused altcoins FET, THETA, FIL, AIOZ, and INJ currently find themselves at essential technical support areas during the market-wide cryptocurrency correction phase. Strong buying activities with trend reversal characteristics tend to occur at these historically significant price levels, which might determine the next direction for these digital assets.
Artificial Super Intelligence (FET) Stabilizes at Historical Support
Source: CoinMarketCap
Artificial Super Intelligence (FET) recently saw its price decline by more than 45%. It has since found support around the $1.14 level, a historically significant zone. Since September 2024, this support level has been tested four times, each time resulting in renewed buying pressure and price recovery. Analysts observe that FET could potentially rally by 69% toward $2.05 based on previous price movements and technical indicators. This support zone remains crucial for FET’s near-term outlook.
Theta Network (THETA) Forms Bullish Technical Pattern
Source: CoinMarketCap
Theta Network’s native token, THETA, faced a 35% decrease in price since the start of December 2024. During this period, a descending triangle pattern has formed on the daily time frame. Currently, THETA is positioned near a breakout point. Technical analysis suggests that if the token closes above the $2.41 resistance level, it could initiate a 40% rally, targeting a potential price of $3.32. This setup aligns with historical momentum patterns observed in previous market cycles for THETA.
Filecoin (FIL) Aligns with Major Technical Supports
Source: CoinMarketCap
The blockchain storage network Filecoin (FIL) recently experienced a drop surpassing 40%. Since the 200-day Exponential Moving Average (EMA) crosses $4.90 the price found crucial support at that level. The asset stands close to the 61.8% Fibonacci retracement zone which serves as an important indicator for market trend changes. The technical indicators indicate a possible FIL price increase of 65% up to $8.20 after its next significant barrier.
The crypto exchange AIOZ Network (AIOZ) continues to hold strong by backing its previous major rally surge. Over the past weeks, AIOZ, the native token of AIOZ Network, rose by 240% and underwent a substantial 38% drop. AIOZ token exhibits its main
Injective (INJ) Approaches Long-Term Trendline Support
Source: Coinmarketcap
The price of INJ Coin has lost more than 40% value since its peak while resting at an important ascending trendline that dates back to August of 2024. The trendline underwent past retests that created buying momentum which generated upward price increases. INJ seems likely to display price stabilization after its support level stands resilient leading to possible future market movements.
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