Fetch.AI Price Prediction: Could $5 Be the Next Stop for FET

07-03-2024 By: Lokesh Gupta
Fetch.AI Price Prediction: Could $5 Be the Next Stop for FET

Fetch.AI Price Prediction 2025 is expected to be around $5

  • FET forms a base above $0.50 against the US Dollar, following a pattern akin to Bitcoin's behavior.

  • The cryptocurrency surpassed its multi-year high, exceeding $1.20 and experiencing a remarkable surge of 130%.

  • At the onset of the week, $FET exhibited bullish momentum, breaking through the upper resistance of a rising wedge pattern.

  • Notably, strong bullish candlesticks emerged on the weekly chart, signaling substantial buyer activity in the market.

  • Subsequent to a consolidation period marked by a dynamic range and a symmetric triangle, FET initiated a breakout, resulting in a remarkable increase in trading price exceeding 500%.

  • Following a rejection from the $2.00 level, $FET found support near the 21-day Moving Average, rebounded, and successfully breached the $2.00 hurdle, currently trading close to $3.00.

  • The 20, 50, and 200-day EMAs have aligned in a golden cross formation, with the token's price consistently trading above them.

  • If the prevailing trend continues, FET may imminently target the $5.00 mark.

  • According to Coingabbar Prediction, #Fetch.AI prediction 2030 is expected to be worth $10, while Fetch.AI prediction 2040 with a predicted value $20.

KEY LEVELS :

RESISTANCE LEVEL : $3.2000-$4.0000

SUPPORT LEVEL : $2.2000-$1.5000

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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