Fetch.ai Price Prediction: Potential Rise in FET Price
The Fetch.ai price prediction suggests that FET may continue to rise if the price heads north. Currently, the price of Fetch.ai is at $0.227, with a market cap of $189.9 million and a circulating supply of 821.2 million. The total supply of Fetch.ai is 1.1 billion, and it is ranked #143 on Coinmarketcap.
Key Levels:
- Resistance levels: $0.300, $0.320, $0.340
- Support levels: $0.150, $0.130, $0.110
FET/USD is currently trading at $0.227 and has confirmed a daily uptrend. If the buyers can push the price above the resistance level of $0.250 and the daily candlestick closes above the upper boundary of the channel, the price may enter the overbought region.
The buyers are gaining the upper hand in the market as the Fetch.ai price moves to cross above the upper boundary of the channel. The signal line is pointing up, indicating a buy signal. If the price breaks above the resistance level of $0.250, it may rally towards potential resistance levels of $0.300, $0.320, and $0.340. On the other hand, a downward slide may hit the supports at $0.150, $0.130, and $0.110 respectively.
Against Bitcoin, if the price fails to continue higher above the 800 SAT and $900 SAT resistance levels, it could start declining again. The immediate support on the downside is below the 9-day and 21-day moving averages. The first key support is near 700 SAT, with the main support potentially forming near 600 SAT. A break toward the lower boundary of the channel could trigger a sharp decline, with the next major support possibly at 500 SAT and below.
While Fetch.ai continues its potential rise, the crypto community is also buzzing about a new meme coin that has raised nearly $13 million in the presale.
Hot Take:
The Fetch.ai price is showing signs of upward momentum, with the potential to reach resistance levels of $0.300, $0.320, and $0.340. However, it is crucial to monitor the market and observe if the price can break above the resistance level of $0.250. If this happens, it may lead to massive gains. Additionally, keep an eye on the developments of the new meme coin that has caught the attention of traders and the crypto community.