In the dynamic world of cryptocurrency trading, harmonic patterns have emerged as powerful tools for predicting price reversals and continuations. For Fetch.ai (FET), the convergence of Bearish Butterfly and Bearish Cypher harmonic patterns, coupled with critical Fibonacci levels and moving averages, presents a compelling case for a potential rebound in 2025. This analysis explores the technical underpinnings of these patterns, their implications for FET’s price trajectory, and actionable strategies for traders.
The Bearish Butterfly pattern is a four-legged structure (XA, AB, BC, CD) defined by precise Fibonacci ratios. For FET , the pattern began at point X ($0.603), with the price declining to A, rebounding to B, and correcting to C near $0.661. As of September 2025, FET trades around $0.671, just below its 200-day moving average (200DMA) at $0.679, a critical psychological level [1].
If FET holds above the C-point support ($0.661) and breaks above the 200DMA, the CD leg could propel the price toward the Potential Reversal Zone (PRZ) between $0.96 (1.272 Fibonacci extension) and $1.06 (1.618 extension) [1]. This scenario aligns with the pattern’s historical behavior, where the PRZ often acts as a catalyst for bullish continuation. A successful breakout above the 100-day moving average ($0.733) would further validate the pattern, potentially unlocking gains of up to 53% from current levels [1].
While the Butterfly pattern dominates the narrative, the Bearish Cypher pattern adds nuance to FET’s technical setup. This five-point structure (X, A, B, C, D) relies on distinct Fibonacci ratios:
- AB retraces 38.2% to 61.8% of XA
- BC extends 127.2% to 141.4% of AB
- CD retraces 78.6% of XC [4]
For FET, the Cypher pattern began at X ($0.8851), with the price correcting to A, rebounding to B, and declining to C ($0.5783). The current price near $0.6038 suggests the CD leg is forming, with the PRZ estimated between $0.8247 (0.786 extension) and $0.8851 (1.0 extension) [1]. A decisive close above the 200DMA ($0.6681) could transform this level into support, reinforcing the bullish case [1].
The 200DMA is a linchpin for FET’s near-term outlook. Acting as both dynamic resistance and support, it could determine whether the Butterfly and Cypher patterns hold or fail. A breakdown below $0.661 would invalidate the Cypher setup, exposing FET to further declines toward $0.3444 [5]. Conversely, a sustained rally above $0.679 could trigger a confluence of bullish signals, including the symmetrical triangle pattern on the daily chart, with resistance at $0.9089 and support at $0.7020 [1].
On-chain data also supports the bullish thesis. Whale accumulation has increased from 572 to 586 wallets, while open interest rose 2.97% to $151.49 million, signaling growing institutional confidence [1]. However, traders must remain cautious of short-term volatility, as FET has underperformed Ethereum Ecosystem peers by -4.18% weekly [2].
FET’s technical landscape in September 2025 is shaped by the interplay of harmonic patterns, Fibonacci levels, and moving averages. While the Bearish Butterfly and Cypher patterns suggest a potential rebound into the $0.96–$1.06 range, traders must remain vigilant of key support levels and on-chain dynamics. By leveraging precise Fibonacci ratios and confluence signals, investors can position themselves to capitalize on FET’s next leg of momentum—or mitigate risks in a volatile market.
Source:
[1] FET To Bounce Back? Key Harmonic Pattern Signals ...
[2] Fetch.AI Coin — FET USDT Price Chart
[4] The Bearish Cypher Pattern — Global Trading Software
[5] FETUSD Charts and Quotes