Fetch.ai Price Prediction for Today, November 12 – FET Technical Analysis
After breaking toward the upside, the Fetch.ai price prediction shows that FET may continue to rise if the price heads to the north.
Fetch.ai Prediction Statistics Data:
- ai price now – $0.45
- ai market cap – $356.9 million
- ai circulating supply – 811.9 million
- ai total supply – 1.1 billion
- ai CoinMarketCap ranking – #111
Resistance levels: $0.55, $0.60, $0.65
Support levels: $0.30, $0.25, $0.20
FET/USD is currently trading at $0.45 after confirming a daily uptrend. The buyers are likely to push the coin to the cross above the upper boundary of the channel, If case the buyers can push the price above the resistance level of $0.50 and the daily candlestick closes above the upper boundary of the channel, the price may create additional gains.
Fetch.ai Price Prediction: FET/USD May Face Massive Gains
The buyers are taking over the market as the Fetch.ai price moves to cross above the upper boundary of the channel which connotes that the buyers are currently gaining the upper hand in the market. Meanwhile, the signal line is pointing up to indicate a buy signal.
In the meantime, if the buyers push the price above the resistance level of $0.50, then, the Fetch.ai price may rally toward potential resistance levels of $0.55, $0.60, and $0.65 while sliding to the south may hit the supports at $0.30, $0.25, and $0.20 respectively.
FET/BTC Heads to Upside
Against Bitcoin, the Fetch.ai price is seen trading bullishly but if the Fetch.ai price fails to cross above the upper boundary of the channel, it could begin another decline to the south which could touch the nearest support level 900 SAT. However, the critical support on the downside could be found below the 9-day and 21-day moving averages.
Moreover, if the sellers increase their entry, they are likely to bring the coin near the lower boundary of the channel. Nevertheless, a downside break below the channel could spark a sharp decline as the next major support could be 950 SAT and below.
Alternatives to Fetch.ai
As the Fetch.ai coin approaches the upper boundary of the channel, there’s potential for an upward trajectory in its price. If the market initiates an upward movement, we might see the emergence of the $0.500 resistance level. In such a scenario, FET/USD could explore higher price levels, especially if bullish momentum increases in the market.
Meanwhile, investors are urged to consider the unique opportunities presented by Fetch.ai, a crypto with a $356 million market cap, and Bitcoin Minetrix, a low-cap token showing promising signs with over $3.8 million in presale achievements. While high market-cap coins like Fetch.ai are relatively stable, the potential for significant gains lies in low-cap options such as Bitcoin Minetrix. Act quickly to capitalize on these opportunities and position yourself for potential substantial returns.
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