Fetch.ai (CRYPTO:FET) is displaying a promising bullish trend, with indications of a potential rally ahead.
Recent observations reveal a double bottom pattern formation, signaling a likely increase in FET's price to $2.62.
Whale activity in the last two days has seen a substantial $59 million rise in FET holdings, reflecting growing investor optimism.
The correlation between FET and Bitcoin (CRYPTO:BTC), standing at 0.85, suggests that FET may benefit from the positive post-halving sentiments in the cryptocurrency market.
Additionally, a bullish reversal pattern on the FET price chart further reinforces the expectation of a forthcoming rally, with potential for significant price growth in the days ahead.