FET/USD Holds Strong Above $0.090 as Price Breaks Higher

The Fetch.ai price prediction shows that FET is moving with an uptrend, and the traders could expect an early arrival of a price rally.

Fetch.ai Prediction Statistics Data:

• Fetch.ai price now – $0.101
• Fetch.ai market cap – $75.8 million
• Fetch.ai circulating supply – 746.1 million
• Fetch.ai total supply – 1.1 billion
• Fetch.ai Coinmarketcap ranking – #256

FET/USD Market

Key Levels:

Resistance levels: $0.150, $0.170, $0.190

Support levels: $0.055, $0.035, $0.015

FET/USD is currently dealing with the bulls as the coin remains below the 9-day and 21-day moving averages. Since the past few days, the Fetch.ai price has always sought to increase despite the pressure of the sellers on the market. However, the crypto market is struggling with volatility, and the market will likely come out in the same way soon as the period after this one should be flourishing.

Fetch.ai Price Prediction: FET Could Gain More Upwards

At the time of writing, the Fetch.ai price continues to hold strong at the $0.101 resistance level, and it’s possible that the more the $0.090 support is tested, the more it’s likely to break to the downside. However, if FET/USD continues to abuse this level, the traders can expect the price to break beneath it at some point, and the critical support levels of $0.055, $0.035, and $0.015 could be reached.

At the moment, the Fetch.ai price is hovering around $0.101 with weak bullish momentum supported by slightly positive technical levels. Any further bullish movement could hit the resistance levels at $0.150, $0.170, and $0.190 as the technical indicator Relative Strength Index (14) crosses above the 60 levels to increase the bullish movement.

Against Bitcoin, FET has been slowly grinding higher, and the market price is likely to touch the upper boundary of the channel. However, the Fetch.ai price is now contained within the channel as traders wait for the bulls to hopefully push the market higher, while the technical indicator Relative Strength Index (14) moves to cross above the 60-level.

Therefore, if the bulls can keep the coin above the 9-day and 21-day moving averages, traders can expect initial resistance at 700 SAT. Above this, higher resistance could be located at 850 SAT and above. Looking at it from below, if the sellers bring the market beneath the lower boundary of the channel, traders can expect critical support at 300 SAT and below.

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