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Fetch.ai price prediction shows that FET was unable to achieve significant growth above the moving averages.
Intelligence on cryptocurrencies: Fetch.ai faces the slowdown!
In the ever-changing cryptocurrency landscape, Fetch.ai (FET) is at a crossroads. Once a bright star in March 2023, heralding the dawn of artificial intelligence, it now navigates uncertain waters, sparking speculation about its future trajectory.
Fetch.ai prediction statistical data:
- Fetch.ai price now – $2.16
- Market cap of Fetch.ai – $1.6 billion
- Fetch.ai circulating supply – 845.9 million
- Total supply of Fetch.ai – 1.1 billion
- Fetch.ai Coinmarketcap Ranking – #50
FET/USD Market
Key levels:
Resistance Levels: $3.60, $3.80, $4.00
Support Levels: $0.85, $0.65, $0.45
![Fetch.ai Price Prediction for Today April 13 – FET Technical Analysis](https://insidebitcoins.com/wp-content/uploads/2024/04/FETUSD_04042024.png)
FET/EUR the bulls were unable to push the price towards the upper boundary of the channel due to the bearish pressure. The coin is trading on the negative side as sellers dominate the market.
Fetch.ai Price Prediction: FET Price May Surge Higher
Fetch.ai price is hovering around $2.16, but the market could move higher if it rebounds above the daily high of $3.0 to face the upper boundary of the channel, which could reach levels of Potential resistance at $3.60, $3.80 and $4.00. Meanwhile, FET/USD could sink if the bears increase selling pressure, and breaking the lower boundary of the channel could locate the critical support levels of $0.85, $0.65, and $0.45.
FET/BTC moving downward
Looking at the daily chart, FET/BTC is heading south as the coin is yet to see a huge gain. However, buyers might continue to gain momentum and it is likely that the coin will begin an upward movement if the bulls return to the market.
![Fetch.ai Price Prediction for Today April 13 – FET Technical Analysis](https://insidebitcoins.com/wp-content/uploads/2024/04/FETBTC_04042024.png)
Nonetheless, a bullish move towards the upper boundary of the channel could push FET price to the resistance level of 5,000 SAT and above. Meanwhile, looking from below, Fetch.ai price is likely to move below the lower boundary of the channel if the bears increase pressure, a move below the current market value could bring the price to the new low of 1,500 SAT and below.
Meanwhile, @AltCryptoGems advised his 418.9K followers on X (formerly Twitter) to be patient while waiting for $FET to be accepted into the designated green zone. This move could potentially trigger a Power 3 setup. Given $FET's status as an AI leader, securing an optimal entry point should be a top priority on your agenda.
I wait patiently $FET to find the acceptance inside the green box to see if it will get a power configuration of 3.$FET is the king of AI, so finding a beautiful entry should be at the top of your priorities. pic.twitter.com/NSUnBNpMaB
—Sjuul | AltCryptoGems (@AltCryptoGems) April 13, 2024
Alternatives to Fetch.ai
Fetch.ai price could face an upward move near the upper boundary of its trading channel, possibly meeting resistance at $3.0 if market uptrends prevail. Despite Fetch.ai's significant valuation of $1.6 billion and its 50th ranking on CoinMarketCap, its growth potential may be limited due to its current size. However, the new one introduces $DOGEVERSE token presents an innovative solution for creating memes, using advanced AI technology and user-friendly prompts. Meanwhile, with its presale already surpassing $3.7 million, investors might consider this an opportune time to consider investment opportunities in the token.
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