Fetch.ai Bullish Momentum: Analysts Draw Parallels to Solana’s (SOL) Surge – Will FET Hit This Next Price Targets?

February 29, 2024

Fetch.ai Regains $0.70 Level, Analyst Shares Flipping This Resistance Can Push FET to $1

The price of Fetch.AI (FET), a cryptocurrency project focused on artificial intelligence and machine learning, has been surging lately. According to posts from several influential crypto analysts on X (formerly Twitter), expectations are high that 2024 could be a breakout year for FET.

SenseiBR_btc, a crypto trader known for bullish calls, tweeted that FET is hitting new all-time highs day after day. He compared FET’s potential to Solana’s monumental rise, saying “New ATH day after day, for me next run like Solana 3 years ago!” His price target for FET by 2024 is $10.

Similarly, analyst DavidOnCrypto_ highlighted FET’s impressive monthly candle close last week, flexing a “price discovery mode” not seen since breaking out above previous 2021 highs. He speculated that “Trading above $5 by end of 2024 doesn’t seem crazy anymore right?” given the project’s developments in AI.

Short-Term Predictions and Market Sentiment

Besides, other analysts chimed in with bold short-term predictions as well. ProfessorAstrones expects to see FET above $2 in March, tweeting “I am not joking I want to see $FET above 2$ in March SEND IT.” In a follow-up tweet, he reiterated his belief that $2 is within reach soon, saying “Another bullish view on my fav coin 2$ is not far away from here Send it.”

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With crypto analysts and traders calling for strong momentum ahead, the FET community is understandably excited. The token has already surged to around $1.40 at publication time. If these predictions pan out, 2024 could see exponential growth towards $5 or even $10 per FET token. For bullish investors, the message seems clear – this bull run could represent an opportunity not to be missed.

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