- Trump announced a 90-day pause on tariffs, triggering positive sentiment across global risk assets and bringing hope to the declining crypto market.
- Both FET and WLD have suffered massive declines of over 65% this year but are now displaying identical falling wedge patterns that typically signal bullish reversals.
- FET has rebounded from its $0.3459 bottom to $0.43 and is testing resistance, with potential upside targets of $0.57 (34% gain) and eventually $2.20.
- WLD is trading around $0.70 after bottoming at $0.57, approaching key resistance with potential targets at $1.83 and $2.46 representing up to 290% upside.
Date: Fri, April 11, 2025 | 08:55 AM GMT
After weeks of sharp declines and shaken investor confidence, the crypto market is starting to flicker with signs of hope. The spark? A surprise policy shift from U.S. President Trump, who recently announced a 90-day pause on tariffs — triggering a wave of positive sentiment across global risk assets.
Within the altcoin space, Artificial Superintelligence Alliance (FET) and Worldcoin (WLD) have both endured deep corrections, down more than 65% this year alone.
But despite the bloodbath, both assets are now flashing a nearly identical bullish reversal pattern on their charts: the falling wedge — a classic signal often seen at major bottoms.
Artificial Superintelligence Alliance (FET)
FET’s price action over the past five months has carved out a textbook falling wedge, starting from its $2.22 peak back in December 2024. The downtrend dragged it down by over 83%, reaching a bottom at $0.3459 on April 7. That level has now emerged as strong demand zone, with bulls stepping in to halt the slide.
Currently, FET has rebounded to $0.43 and is testing the wedge’s upper boundary. A breakout here — especially if confirmed by a retest — could pave the way for a move toward its 50-day moving average (MA) and the $0.57 resistance zone, offering a 34% upside from current prices.
If momentum sustains beyond that, the next bullish targets could include $0.83 and even a revisit of the $2.20 highs over time.
Worldcoin (WLD)
WLD mirrors FET’s technical structure almost to the letter.
After peaking at $11.96 in early March 2024, WLD suffered a staggering 95% decline, bottoming out at $0.57. But the pattern forming during this drawdown also fits the falling wedge mold — a setup often preceding sharp reversals.
Now trading around $0.70, WLD is approaching key resistance at the wedge’s upper boundary and the 50-day MA. If price can pierce through this level and hold, it opens up space for a larger recovery. Initial upside targets lie at $1.83 (200 MA) and $2.46, which marks a potential 290% rally from current levels.
What’s Ahead?
Both FET and WLD are at a tipping point. A confirmed breakout from their respective wedge formations could mark the beginning of major recovery waves. As investor sentiment shifts and altcoins begin to show structural strength, these two may become early leaders in the next bullish leg.
For traders eyeing trend reversals, the patterns are loud and clear — the only question now is: will the market follow through?
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