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Fetch.ai is ranked second on the list of crypto daily movers. The FET/USD price has increased by an impressive 12.61% today. And going by its price action on the daily market, we may be expecting to see its price rise higher.
Fetch.ai Analysis Data:
FET value now: $0.5077
FET market cap: $684.45 million
Fetch.ai moving supply: 2.78 billion
FET Total Supply: 2.78 million
Fetch.ai Coinmarketcap ranking: #67
Major Price Levels:
Top: $0.5077, $0.5100, $0.5130
Base: $0.5050, $0.5020, $0.5000
Fetch.ai (FET) Continues to Trade in the Green
Price action in the FET/USD market has received a considerable amount of tailwind today. Furthermore, all of the technical indicators in use predict that the price will rise even further. Three days ago, price action in the Fetch.ai market poked through the Fibonacci level of 23.60. Yesterday’s trading activities saw prices taking a minimal downward rebound as they aligned with the Bollinger band indicator. However, today’s trading activities have further extended price upside gains in this market. Yet price action stays above the MA line of the Bollinger band. Meanwhile, the RSI curves have regained their upward bearing, while the MACD keeps showing that the upside momentum is spiking.
Fetch.ai (FET) Closes in on a Price Level of $0.5100
On the 4-hour FET/USD market, price action continues to show upside promise. Although with reduced volatility, price action has begun a new session on a positive note. Another green candlestick has just appeared for the new trading session. Also, the MACD indicator keeps moving upward and above the equilibrium level. Meanwhile, its histogram bars have regained their solid green appearance. Likewise, the RSI indicator has just delivered an upside crossover near the level 50 of the indicator. Going by the signs given by technical indicators, traders, and investors can predict that the Fetch.ai price may soon claim the O.5100 price mark.
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