FET/USD Faces Up as Price Heads For $0.12 Level

The Fetch.AI price prediction shows that FET is breaking above the $0.10 barrier as eyes are glued on $0.15.

Fetch.AI Prediction Statistics Data:

• Fetch.AI price now – $0.10
• Fetch.AI market cap – $746.1 million
• Fetch.AI circulating supply – 1.1 billion
• Fetch.AI total supply – 1.1 billion
• Fetch.AI Coinmarketcap ranking – #255

FET/USD Market

Key Levels:

Resistance levels: $0.15, $0.17, $0.19

Support levels: $0.05, $0.03, $0.01

FET/USD is seen refreshing to a new high after touching the daily low of $0.092 to move close to the $0.11 level as the coin trades at $0.10 with a bullish crossover above the 9-day and 21-day moving averages. At the time of writing, FET/USD may stay hit additional gains if the price crosses above the upper boundary of the channel.

Fetch.AI Price Prediction: Fetch.AI (FET) May Head to the Upside

According to the daily chart, the Fetch.AI price may keep following the upward movement; parallel trade can only take over if the $0.10 subsidy is maintained at all costs. At the moment, the technical indicator Relative Strength Index (14) is likely to move into the overbought region, if the bulls increase the pressure and this could send more bullish signals into the market.

Meanwhile, in as much as the red line of the 9-day MA remains above the green line of the 21-day MA, the coin may remain on the upside and the price could hit the resistance levels of $0.15, $0.17, and $0.19 respectively. On the contrary, if the technical indicator Relative Strength Index (14) crosses below the 60-level, there may be a serious bearish movement which may likely bring the coin to the support levels of $0.05, $0.03, and $0.01 respectively.

Against BTC, Fetch.AI is trading above the 9-day and 21-day moving averages as the price prepares for the upward movement. However, for the fact that the market remains above the moving averages, the coin seems to be moving towards the north as the technical indicator Relative Strength Index (14) moves to cross above the 70-level.

Meanwhile, if the buyers push the market price above the upper boundary of the channel, FET/BTC may touch the potential resistance levels at 800 SAT and above. On the other hand, if the coin decides to cross below the lower boundary of the channel, higher selling pressure may cancel the bullish pattern, and this could attract new sellers coming into the market with the next focus on the support level of 400 SAT and below.

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