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Bullish Dominance in FET Prevails as Price Rises by Over 20%

According to a recent analysis, bulls have dominated the FET market in the previous 24 hours.Bulls reclaim the FET market after establishing support at $0.1898.FET market prices...
Bullish Dominance in FET Prevails as Price Rises by Over 20% Bullish Dominance in FET Prevails as Price Rises by Over 20%
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  • According to a recent analysis, bulls have dominated the FET market in the previous 24 hours.
  • Bulls reclaim the FET market after establishing support at $0.1898.
  • FET market prices are expected to rise higher, according to technical indicators.

The Fetch.ai (FET) market is bullish after wiping out a brief negative rise that dropped the price to $0.1848. Bulls in FET propelled prices to an intraday high of $0.2416 after nullifying the trend, where they encountered resistance. As a result of the bullish run, FET is now worth $0.2341, a 23.97% increase as of press time.

The bullish run caused a rise in market capitalization of $23.82%, to $190,535,348, and a 24-hour trading volume of $71.72%, to $146,379,547. With this increase, it appears that Fetch.ai has maintained investor confidence, at least in the short term, and consequently, expectations for Fetch.ai’s future are high.

FET/USD 24-hour price chart (source: CoinMarketCap)

The MACD line is climbing over the signal line at 0.0181, suggesting that bulls are in charge of the FET market. As a consequence, the rise in the MACD line indicates that the trend is gaining momentum, which may result in more price increases. The histogram’s upward rise is aiding this bullish gain, suggesting that the present upswing will continue for some time.

Furthermore, the 71.54 RSI level shown in the FET price chart indicates that bulls are in control of the market sentiment at the moment. Since bulls presently dominate the market, this action predicts that the FET price will climb in the foreseeable future. This is because an overbought RSI reading suggests that prices will continue to rise as long as purchasing pressure is strong.

FET/USD 4-hour price chart (source: TradingView)

The FET price chart shows a bullish crossing when the 10-day moving average (MA) rises above the 50-day MA. The positive crossing reinforces the rise in FET prices, suggesting that the price may be heading higher in the foreseeable future, adding to traders’ excitement about the market.

FET/USD 4-hour price chart (source: TradingView)

Technical indicators show that bull strength is increasing, therefore the current uptrend in the Fetch.ai market is likely to continue.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk, Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post Bullish Dominance in FET Prevails as Price Rises by Over 20% appeared first on Coin Edition.

See original on CoinEdition

Hot Auto Trade Bot Phương Thức Thanh Toán
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30-01-2023 16:02:35 (UTC+7)

EUR/USD

1.0878

+0.0011 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

EUR/USD

1.0878

+0.0011 (+0.10%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (7)

GBP/USD

1.2379

-0.0018 (-0.15%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

USD/JPY

130.10

+0.24 (+0.19%)

Summary

Neutral

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (1)

Sell (8)

AUD/USD

0.7076

-0.0027 (-0.38%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

USD/CAD

1.3345

+0.0036 (+0.27%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

141.53

+0.42 (+0.30%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (7)

EUR/CHF

1.0032

+0.0028 (+0.28%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

Gold Futures

1,922.50

-6.90 (-0.36%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (8)

Sell (0)

Silver Futures

23.788

+0.166 (+0.70%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

Copper Futures

4.2022

-0.0203 (-0.48%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (0)

Sell (9)

Crude Oil WTI Futures

79.03

-0.65 (-0.82%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

Brent Oil Futures

85.83

-0.57 (-0.66%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (9)

Sell (0)

Natural Gas Futures

2.675

-0.174 (-6.11%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (4)

Sell (2)

US Coffee C Futures

169.25

+2.10 (+1.26%)

Summary

Sell

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (7)

Euro Stoxx 50

4,154.55

-23.46 (-0.56%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (2)

Sell (4)

S&P 500

4,070.56

+10.13 (+0.25%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

DAX

15,107.35

-42.68 (-0.28%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (3)

FTSE 100

7,755.57

-9.58 (-0.12%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (0)

Hang Seng

22,069.73

-619.17 (-2.73%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (3)

Sell (4)

US Small Cap 2000

1,911.46

+8.39 (+0.44%)

Summary

↑ Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (0)

Sell (6)

IBEX 35

9,046.88

-13.32 (-0.15%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (7)

BASF SE NA O.N.

52.595

-0.195 (-0.37%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (3)

Bayer AG NA

56.88

+0.60 (+1.07%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (3)

Sell (4)

Allianz SE VNA O.N.

220.77

-0.88 (-0.40%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (8)

Sell (0)

Adidas AG

147.95

-0.35 (-0.24%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Deutsche Lufthansa AG

9.728

-0.027 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (7)

Siemens AG Class N

144.38

-0.12 (-0.08%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (5)

Sell (2)

Deutsche Bank AG

12.255

-0.085 (-0.69%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (5)

Sell (3)

    EUR/USD 1.0878 ↑ Sell  
    GBP/USD 1.2379 ↑ Sell  
    USD/JPY 130.10 Neutral  
    AUD/USD 0.7076 ↑ Sell  
    USD/CAD 1.3345 ↑ Buy  
    EUR/JPY 141.53 Sell  
    EUR/CHF 1.0032 ↑ Buy  
    Gold 1,922.50 Buy  
    Silver 23.788 ↑ Buy  
    Copper 4.2022 ↑ Sell  
    Crude Oil WTI 79.03 ↑ Sell  
    Brent Oil 85.83 ↑ Buy  
    Natural Gas 2.675 Neutral  
    US Coffee C 169.25 Sell  
    Euro Stoxx 50 4,154.55 Neutral  
    S&P 500 4,070.56 ↑ Sell  
    DAX 15,107.35 Neutral  
    FTSE 100 7,755.57 ↑ Buy  
    Hang Seng 22,069.73 Neutral  
    Small Cap 2000 1,911.46 ↑ Sell  
    IBEX 35 9,046.88 ↑ Sell  
    BASF 52.595 Sell  
    Bayer 56.88 Neutral  
    Allianz 220.77 ↑ Buy  
    Adidas 147.95 ↑ Buy  
    Lufthansa 9.728 ↑ Sell  
    Siemens AG 144.38 ↑ Buy  
    Deutsche Bank AG 12.255 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,620/ 6,700
(-100/ -120) # 1,227
SJC HCM6,630/ 6,730
(-90/ -90) # 1,258
SJC Hanoi6,630/ 6,732
(-90/ -90) # 1,260
SJC Danang6,630/ 6,732
(-90/ -90) # 1,260
SJC Nhatrang6,630/ 6,732
(-90/ -90) # 1,260
SJC Cantho6,630/ 6,732
(-90/ -90) # 1,260
Cập nhật 30-01-2023 16:02:37
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RON 95-V23.01023.470
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WTI $79.25 +1.2 1.50%
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$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.250,0023.620,00
EUR24.814,9626.204,51
GBP28.296,9629.503,61
JPY176,00186,33
KRW16,5220,13
Cập nhật lúc 15:55:12 30/01/2023
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