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Fetch.AI (FET) Posts 6.57% Gains Over the Last 24 Hours

FET’s price has risen 6.57% over the last 24 hours according to CoinMarketCap.The altcoin’s price may retrace back down to $0.1889 in the coming weeks.Weekly...
Fetch.AI (FET) Posts 6.57% Gains Over the Last 24 Hours Fetch.AI (FET) Posts 6.57% Gains Over the Last 24 Hours
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  • FET’s price has risen 6.57% over the last 24 hours according to CoinMarketCap.
  • The altcoin’s price may retrace back down to $0.1889 in the coming weeks.
  • Weekly technical indicators for FET are still flagging bullish.

Fetch.ai (FET) saw its price rise over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, FET’s price is up 6.57% over the last 24 hours. As a result, FET is changing hands at around $0.241.

In addition to strengthening against the U.S. Dollar, FET has also strengthened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 4.71% and 3.84% respectively.

Trading volume for the altcoin has, however, dropped over the last 24 hours. At press time, the total daily trading volume for FET stands at $76,340,229, which is 17.22% lower than yesterday.

Weekly chart for FET/USDT (Source: CoinMarketCap)

The price of FET has flipped the weekly resistance level at $0.1889 into support and attempted to do the same with the next resistance level at $0.2604. Unfortunately, this attempt was rejected over the last 2 weeks.

The 9-week EMA line is still positioned above the 20-week EMA line, which suggests that there is still some bullish support present for the altcoin. The recent rejection from the $0.2604 level may see FET’s price retrace back to $0.1889 before entering into an upward move to break the $0.2604 resistance.

This bullish thesis is supported by the weekly RSI indicator as well. Currently, the weekly RSI is positioned above the weekly RSI SMA line. In addition to this, the weekly RSI line is sloped positively toward the overbought territory.

On the other hand, if the support level at $0.1889 fails to hold, then FET’s price could drop to a low of $0.1020 – the next closest weekly support level.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their 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 Fetch.AI (FET) Posts 6.57% Gains Over the Last 24 Hours appeared first on Coin Edition.

See original on CoinEdition

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01-05-2024 10:45:17 (UTC+7)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

EUR/USD

1.0658

-0.0008 (-0.07%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

GBP/USD

1.2475

-0.0015 (-0.12%)

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Moving Avg:

Buy (0)

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Indicators:

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Sell (10)

USD/JPY

157.91

+0.12 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

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AUD/USD

0.6469

-0.0003 (-0.05%)

Summary

Neutral

Moving Avg:

Buy (10)

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USD/CAD

1.3780

+0.0003 (+0.03%)

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EUR/JPY

168.32

+0.10 (+0.06%)

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EUR/CHF

0.9808

+0.0001 (+0.01%)

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Gold Futures

2,295.80

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Silver Futures

26.677

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Copper Futures

4.5305

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Crude Oil WTI Futures

81.14

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Brent Oil Futures

85.62

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1.946

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US Coffee C Futures

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Euro Stoxx 50

4,920.55

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S&P 500

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DAX

17,921.95

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FTSE 100

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Hang Seng

17,763.03

+16.12 (+0.09%)

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↑ Sell

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Buy (0)

Sell (12)

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Sell (6)

US Small Cap 2000

1,973.05

-42.98 (-2.13%)

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IBEX 35

10,854.40

-246.40 (-2.22%)

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Neutral

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BASF SE NA O.N.

49.155

+0.100 (+0.20%)

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Bayer AG NA

27.35

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Allianz SE VNA O.N.

266.60

+0.30 (+0.11%)

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Adidas AG

226.40

-5.90 (-2.54%)

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Buy (2)

Sell (7)

Deutsche Lufthansa AG

6.714

-0.028 (-0.42%)

Summary

Neutral

Moving Avg:

Buy (3)

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Siemens AG Class N

175.90

-1.74 (-0.98%)

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Deutsche Bank AG

15.010

-0.094 (-0.62%)

Summary

Neutral

Moving Avg:

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Indicators:

Buy (6)

Sell (2)

    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank8,300/ 8,500
(8,300/ 8,500) # 1,298
SJC 1L, 10L, 1KG8,300/ 8,520
(0/ 0) # 1,510
SJC 1c, 2c, 5c7,380/ 7,550
(0/ 0) # 540
SJC 0,5c7,380/ 7,560
(0/ 0) # 550
SJC 99,99%7,370/ 7,470
(0/ 0) # 460
SJC 99%7,196/ 7,396
(0/ 0) # 386
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