FET, a top AI coin, is bullish due to NVIDIA's positive results, lifting trader and investor confidence.
Fetch.ai experienced an impressive surge of 220% over four highly bullish weeks, crossing the $1.50 mark.
The FET price hit the upper resistance of a rising wedge pattern, signaling bullish sentiment but susceptible to overbuying.
Trading at $1.61, FET experienced a notable intraday growth of 19.00%, setting a new all-time high at $1.67.
The price of Fetch.ai is currently trading comfortably above the crucial exponential moving average, suggesting a favorable short-term and long-term trend.
Based on Fibonacci levels, the upward momentum may persist towards the $2.2150 level, corresponding to the 2.618 Fib level.
The Relative Strength Index (RSI) has exceeded 86, indicating a possible temporary easing in bullish momentum while maintaining overall gains.
According to Coingabbar Prediction, Fetch.AI prediction 2030 continues to at $10, while Fetch.AI prediction 2040 at $20.
KEY LEVELS :
RESISTANCE LEVEL : $2.2000-$3.5000
SUPPORT LEVEL : $1.0000-$0.5000
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Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.