Moreover, the daily chart reveals that the potential resistance level could be located at 1700 SAT and above, but any bearish movement below the lower boundary of the channel may attract new sellers to come into the market with the next focus on the support level of 850 SAT and below. ![]() ![]() However, for the fact that the market keeps ranging, the coin is likely to move toward the upper boundary of the channel. Meanwhile, the technical indicator Relative Strength Index (14) is seen moving above the 60-level. However, if the technical indicator makes a cross into the overbought region, then, there may be a quick bullish rise which could push the market to the resistance levels of $0.40, $0.45, and $0.50 respectively.Īgain Bitcoin, the Fetch.ai price is now hovering at 1367 SAT as the coin spikes above the 9-day and 21-day moving averages. Nonetheless, as the 9-day moving average remains above the 21-day moving average, FET/USD may continue with the bullish movement, if not, the market price could hit the support levels at $0.20, $0.15, and $0.10 once the bears return into the market. At the time of writing, the technical indicator Relative Strength Index (14) is moving to cross above into the overbought region to encourage more buyers to enter the market. The Fetch.ai price can only increase the bullish movement if the coin crosses above the upper boundary of the channel. Fetch.ai Price Prediction: Fetch.ai (FET) Could Trigger Fresh Rally However, the Fetch.ai price is likely to create additional upward as the bulls could dominate the market. Support levels: $0.20, $0.15, $0.10 FETUSD – Daily ChartįET/USD is beginning to create a new bullish movement as the coin crosses above the 9-day and 21-day moving averages to touch the daily high at $0.33 and also preparing a bullish cross above the upper boundary of the channel.
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