Resistance

Daily

Fetch.ai

<ul class="list-ic vertical">
 <li><span>1</span> <a>FET coin displays a massive rise and aims to escape the $1.20 mark.</a></li>
 <li><span>2</span> <a>The coin noted a sharp buying momentum and persisted in extending the rally.</a></li>
</ul>
<p>The FET coin displayed a golden crossover and registered a rally, which led to a curse for the bears who had made short positions. The coin has registered a sharp bullish rally, and a rebound from the 20-day EMA support mark led to a surge of over 100% this week. Following the market surge, Fetch. Ai was one of the top gainers who acquired investors’ interest and replicated cues of institutional buying activity.</p>
<p>The coin has climbed sharply above the key moving averages and reached the top above $0.9000. Additionally, the bulls intend to sustain above the round mark of $1 to claim shortly and will continue to stretch the rally. Amid the higher highs, profit booking may be activated anytime, and investors need to keep an eye on the $0.9400 mark. Until the mark is not breached, the rally will continue.</p>
<p>The Fetch. Ai coin (FET) price was $0.9862 at press time, with an intraday gain of 4.28%, showing bullishness on the charts. Moreover, the trading volume increased by 44.89% to $343.83 Million. The pair of FET/BTC is at 0.0000192 BTC, and the market cap is $2.09 Billion. Analysts are bullish and suggest that the Fetch.Ai (FET) coin price will continue to rise and may sustain above the round mark of $1 soon.</p>
<h2 class="wp-block-heading" id="strong-fet-witnessed-buyer-accumulation-on-daily-timeframe-strong"><strong>FET Witnessed Buyer Accumulation On Daily TimeFrame</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/1ogRkyXVC-WE1XUMFc_nqO-1VLnseN3xju-wikvbfCQ8jOn-0AIYA2JmeQ6nN8oUorNZIapGqNn-8ibUuGuPYH3b277ORMJzrklCIx8MLiWmrdwh9rMdeLO15GraxXUO4XY1HkGjL1qGAC_w0_naSbo" alt="Fetch.ai (FET) Rallied Over 100% This Week; What's Cooking in It?">
  <figcaption class="wp-element-caption">
   Source: FET Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the daily timeframe, the coin witnessed a massive rebound from the 50-day EMA mark and noted a golden crossover, resulting in a tremendous rally. The mighty bear cartel is trapped, has covered their positions because of the sharp rally, and is staying on the backfoot.&nbsp;</p>
<p>The Relative Strength Index (RSI) curve is in the overbought zone and delivers a retracement in the last sessions. Similarly, the MACD indicator shows a bullish crossover, and suggests an outperformance outlook for the upcoming sessions.</p>
<h3 class="wp-block-heading" id="strong-fet-exhibits-range-breakout-on-weekly-charts-strong"><strong>FET Exhibits Range Breakout On Weekly Charts&nbsp;</strong></h3>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/4pGfJcf1-G3MyA2T_AuzFMdOLQ7U55KXtNN8c7NCNEF7Ian4W8v1j4CaFRDdDvQEh0nBJFIxZFE1tLwF_RcmDGFTtQE-75gNis6xqF5kQ1iE9iuqNmH87_ODL632RWoe2FyiqV9oGd4N_n1qwyKLFHA" alt="Fetch.ai (FET) Rallied Over 100% This Week; What's Cooking in It?">
  <figcaption class="wp-element-caption">
   Source: FET Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>FET coin witnessed a range breakout followed by a golden crossover which resulted in a sharp bullish rally. However, the blue sky zone is yet to crack, and bulls are willing to jump above it to unlock space toward $1.50. Per the Fib levels, the coin has jumped above the 78.6% zone and is heading to reach the 100% zone.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p>The<a href="https://www.thecoinrepublic.com/2023/12/30/1134-bitcoin-mining-machines-and-10-arrested-in-raid/" target="_blank" rel="noopener noreferrer nofollow"> Fetch. Ai coin</a> (FET) displays an intense buying momentum and is close to the round mark of $1, but needs a retracement to kick off the zone. Furthermore, cues of profit booking are reflected, which may take the coin toward the prompt support zone of $0.9200 shortly.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels:</strong> $0.9500 and $0.9200</p>
<p><strong>Resistance Levels:</strong>$1 and $1.10</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.&nbsp;</p>

Fetch.ai (FET) Rallied Over 100% This Week; What’s Cooking in It?

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