- Bullish FET price prediction for 2023 is $0.2961 to $0.4959.
- Fetch.ai (FET) price might reach $1 soon.
- Bearish FET price prediction for 2023 is $0.1024.
In this Fetch.ai (FET) price prediction for 2023, 2024-2030, we will analyze the price patterns of FET by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.
TABLE OF CONTENTS |
INTRODUCTION |
|
FETCH.AI (FET) PRICE PREDICTION 2023 |
|
| FETCH.AI (FET) PRICE PREDICTION 2024, 2025, 2026-2030 |
| CONCLUSION |
| FAQ |
Fetch.ai (FET) Current Market Status
| Current Price | $0.2205 | 24 – Hour Price Change | 0.83% Up |
| 24 – Hour Trading Volume | $11,476,525 |
| Market Cap | $179,160,117 |
| Circulating Supply | 812,340,562 FET | All – Time High | $1.19 (On Sep 08, 2021) |
| All – Time Low | $0.01735 $0.00827 (On Mar 13, 2020) |
(Source: CoinMarketCap)
What is Fetch.ai (FET)
| TICKER | FET |
| BLOCKCHAIN | Ethereum |
| CATEGORY | ERC20 Token |
| LAUNCHED ON | March 2019 |
| UTILITIES | Governance, Fast Transactions, gas fees & rewards |
Fetch.ai is a platform that connects devices and algorithms in the Internet of Things (IoT) so that they can learn together. Based on high-throughput sharded ledger, FET provides smart contract functions, realizes machine learning and artificial intelligence solutions, and realizes decentralized problem solving. These open source tools are designed to help users build ecosystem infrastructure and deploy business models.
Fetch.ai 24H Technicals
Fetch.ai (FET) Price Prediction 2023
Fetch.ai (FET) ranks 139th on CoinMarketCap in terms of its market capitalization. The overview of the Fetch.ai price prediction for 2023 is explained below with a daily time frame.
In the above chart, Fetch.ai (FET) laid out a horizontal channel pattern. A horizontal channel or sideways trend has the appearance of a rectangle pattern. It consists of at least four contract points. This is because it needs at least two lows to connect, as well as two highs. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points. The longer the horizontal channel, the stronger the exit movement will be. There is frequently a price on the channel after exit. the exit often occurs at the fourth contact point on one of the horizontal channel’s lines.
At the time of analysis, the price of Fetch.ai (FET) was recorded at $0.2188. If the pattern trend continues, then the price of FET might reach the resistance levels of $0.2739, and $0.4328. If the trend reverses, then the price of FET may fall to the support of $0.1736.
Fetch.ai (FET) Resistance and Support Levels
The chart given below elucidates the possible resistance and support levels of Fetch.ai (FET) in 2023.
From the above chart, we can analyze and identify the following as resistance and support levels of Fetch.ai (FET) for 2023.
| Resistance Level 1 | $0.2961 |
| Resistance Level 2 | $0.4959 |
| Support Level 1 | $0.1746 |
| Support Level 2 | $0.1024 |
Fetch.ai (FET) Price Prediction 2023 — RVOL, MA, and RSI
The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (FET) are shown in the chart below.
From the readings on the chart above, we can make the following inferences regarding the current Fetch.ai (FET) market in 2023.
| INDICATOR | PURPOSE | READING | INFERENCE |
| 50-Day Moving Average (50MA) | Nature of the current trend by comparing the average price over 50 days | 50 MA = $0.2260 Price = $0.2191 (50MA>Price) | Bearish / Downtrend |
| Relative Strength Index (RSI) | Magnitude of price change;Analyzing oversold & overbought conditions | 46.80 <30 = Oversold 50-70 = Neutral >70 = Overbought | Nearly Oversold |
| Relative Volume (RVOL) | Asset’s trading volume in relation to its recent average volumes | Below cutoff line | Weak volume |
Fetch.ai (FET) Price Prediction 2023 — ADX, RVI
In the below chart, we analyze the strength and volatility of Fetch.ai (FET) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).
From the readings on the chart above, we can make the following inferences regarding the price momentum of Fetch.ai (FET).
| INDICATOR | PURPOSE | READING | INFERENCE |
| Average Directional Index (ADX) | Strength of the trend momentum | 11.1316 | Weak Trend |
| Relative Volatility Index (RVI) | Volatility over a specific period | 57.01 <50 = Low | High volatility |
Comparison of FET with BTC, ETH
Let us now compare the price movements of Fetch.ai (FET) with that of Bitcoin (BTC), and Ethereum (ETH).
From the above chart, we can interpret that the price action of FET is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of FET also increases or decreases respectively.
Fetch.ai (FET) Price Prediction 2024, 2025 – 2030
With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Fetch.ai (FET) between 2024, 2025, 2026, 2027, 2028, 2029, and 2030.
| Year | Bullish Price | Bearish Price |
| Fetch.ai (FET) Price Prediction 2024 | $2 | $0.13 |
| Fetch.ai (FET) Price Prediction 2025 | $3 | $0.2 |
| Fetch.ai (FET) Price Prediction 2026 | $4 | $0.36 |
| Fetch.ai (FET) Price Prediction 2027 | $5 | $0.45 |
| Fetch.ai (FET) Price Prediction 2028 | $6 | $0.5 |
| Fetch.ai (FET) Price Prediction 2029 | $7 | $0.67 |
| Fetch.ai (FET) Price Prediction 2030 | $8 | $0.8 |
Conclusion
If Fetch.ai (FET) establishes itself as a good investment in 2023, this year would be favorable to the cryptocurrency. In conclusion, the bullish Fetch.ai (FET) price prediction for 2023 is $0.4959. Comparatively, if unfavorable sentiment is triggered, the bearish Fetch.ai (FET) price prediction for 2023 is $0.1024.
If the market momentum and investors’ sentiment positively elevates, then Fetch.ai (FET) might hit $1. Furthermore, with future upgrades and advancements in the Fetch.ai ecosystem, FET might surpass its current all-time high (ATH) of $1.19 and mark its new ATH.
FAQ
1. What is Fetch.ai (FET)?
Fetch.ai open, permissionless, decentralized machine learning network with a crypto currency is being built by the AI lab.
2. Where can you buy Fetch.ai (FET)?
Traders can trade Fetch.ai (FET) on the following cryptocurrency exchanges such as Binance, Bybit, Bitrue, BitMart, and LBank, and so on.
3. Will Fetch.ai (FET) record a new ATH soon?
With the ongoing developments and upgrades within the Fetch.ai platform, Fetch.ai (FET) has a high possibility of reaching its ATH soon.
4. What is the current all-time high (ATH) of Fetch.ai (FET)?
Fetch.ai (FET) hit its current all-time high (ATH) of $1.19 on September 08, 2021.
5. What is the lowest price of Fetch.ai (FET)?
According to CoinMarketCap, FET hit its all-time low (ATL) of $0.00827 on March 13, 2020.
6. Will Fetch.ai (FET) hit $1?
If Fetch.ai (FET) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $1 soon.
7. What will be the Fetch.ai (FET) price by 2024?
Fetch.ai (FET) price might reach $2 by 2024.
8. What will be the Fetch.ai (FET) price by 2025?
Fetch.ai (FET) price might reach $3 by 2025.
9. What will be the Fetch.ai (FET) price by 2026?
Fetch.ai (FET) price might reach $4 by 2026.
10. What will be the Fetch.ai (FET) price by 2027?
Fetch.ai (FET) price might reach $5 by 2027.
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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
Source: https://thenewscrypto.com/fetch-ai-fet-price-prediction/