Fetch.ai Price Surge Driven by Partnership and AI Tool
The Fetch.ai price has surged by 15% in the past 24 hours, trading at $0.9501 as of 06:56 a.m. EST. This surge is driven by a collaboration with Deutsche Telekom to support the advancement of its blockchain. Additionally, OpenAI’s announcement regarding its latest AI tool, Sora, has had a positive effect on other AI altcoins, such as WLD and ARKM. Fetch.ai is trending above the upper boundary of the ascending triangle, indicating a bullish momentum. The price long-term analysis shows signs of continued bullish momentum, with a potential 35.10% increase from the current price.
Fetch.ai Price Trending Above The Upper Boundary Of The Ascending Triangle
The Fetch.ai price has been on an uptrend, reaching a two-year high after a surge of 43% in the last week. It’s currently trading above both the 50-day and 200-day Simple Moving Averages, with the Relative Strength Index and Moving Average Convergence Divergence indicating a bullish momentum. The Average Directional Index is moving to the north, showing a strong trend. The uptrend has allowed the bulls to breach the upper boundary of the ascending triangle.
Fetch.ai Price Prediction
The long-term analysis shows signs of continued bullish momentum, with a potential 35.10% increase from the current price. Additionally, the 50-day SMA is trading above the 200-day SMA, forming a golden cross indicating a prolonged bullish outlook. In a reverse scenario, if the bears take control of the price, they could lead to a retracement down to the support zone at $0.508.
Scotty The AI Presale Races Towards $500,000 – Best Meme Coin To Buy Now?
The project’s presale has garnered $483,103 in early funding and is closing in on its target of $542,839. With AI integration, Scotty the AI is set to transform the community’s perceptions of security and fraud detection within the blockchain industry by providing features that are AI-powered. These features include Scotty Swap, a platform for rapid token exchanges, and ScottyChat, a chatbot providing market insights and easy access to digital assets.
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You can earn passively on the platform by staking SCOTTY and earning an impressive 259% annual percentage yield. Scotty the AI has the potential to 10X on launch, according to crypto analyst and YouTuber Jacob Bury. To participate in the presale, you can buy the tokens from the official website and exchange ETH or USDT for SCOTTY, or make purchases using your bank card.
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