FET/USD Touches the High of $0.44

The Fetch.ai price prediction renews the bullish trend after crossing above the moving averages to touch the daily high at $0.44.

Fetch.ai (FET) Prediction Statistics Data:

• FET price now – $0.43
• FET market cap – $358.8 million
• FET circulating supply – 818.9 million
• FET total supply – 1.1 million
• FET Coinmarketcap ranking – #110

FET/USD Market

Key Levels:

Resistance levels: $0.60, $0.65, $0.70

Support levels: $0.25, $0.20, $0.15

FET/USD is currently following an upward roll as the coin moves toward the upper boundary of the channel. However, the Fetch.ai price is currently hovering above the 9-day and 21-day moving averages and a possible bullish cross above the resistance level of $0.50 may keep the coin on the higher side.

Fetch.ai Price Prediction: Fetch.ai (FET) Faces the Higher Side

The Fetch.ai price is at the time of writing recovering toward the resistance level of $0.50. The initial break above the 9-day and 21-day moving averages boosted the price. However, the Fetch.ai (FET) could create additional highs if it crosses above the channel. Meanwhile, from above, more hurdles may come into play and of course, the nearest resistance level may be located at $0.55.

However, the trend remains in the hands of the bulls supported by the technical indicator where the Relative Strength Index (14) moves to cross into the overbought region, Meanwhile, a break above $0.60 and $0.65 resistance levels may most likely push the coin above the potential $0.70 resistance level while a break below the 9lower boundary of the channel could lead to the supports of $0.25, $0.20, and $0.15 respectively.

Against Bitcoin, the pair is consolidating to the upside and trading above the 9-day and 21-day moving averages. Meanwhile, the bulls are now pushing the price towards the upper boundary of the channel; moving near this barrier could take the price to the resistance level of 2400 SAT and above.

However, if the coin decides to follow the downtrend, crossing below the lower boundary of the channel could bring it to the critical support level of 700 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) is moving above the 60-level, suggesting more bullish signals.

Alternatives to Fetch.ai

The Fetch.ai price is beginning to create a new bullish movement as the coin crosses above the 9-day and 21-day moving averages. However, the Fetch.ai price can only increase if the buyers increase the buying pressure and allow the coin to trade near the upper boundary of the channel. Meanwhile, the LHINU token changes the narrative of meme coins as it embeds hype, strong utility, and a potential bullish trajectory, making it one of the best crypto projects to invest in and earn nominal profit. Therefore, its presale has now raised almost $5 million as this could be the best time to invest.

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