Fetch.ai Climbs Back to $0.70 Level, Analyst Says FET Breaking Resistance Could Send It to All-Time High

According to respected crypto trader David, the artificial intelligence crypto project Fetch.ai (FET) appears to be consolidating just below key resistance.

As the chart shows, FET has returned to the upper end of its recent trading range in the $0.70 area after briefly dipping toward $0.63. David believes Fetch.ai continues building energy here as it pushes against resistance for another attempt at breaking out and eclipsing its all-time high around $1.08.

With FET trading at $0.7096 at last check, up over 12% from yesterday’s swing low of $0.634, the token does appear to be gaining momentum for another push higher. The past 24 hours have seen a range from $0.634 up to $0.729 in building volume.

As long as Fetch.ai holds the higher low support built over the past week in the $0.60s and $0.70 levels, David sees the technical setup favoring the bulls for a sustained upside move. Breaking past the next minor resistance point around $0.73 is the next step to opening space for a run toward $1.

Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!🤫

The key? Getting in early, especially during the IDO phase. Get in on NuggetRush now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the current ICO prices!

Show more +

While further choppy consolidation can’t be ruled out, David believes FET continues to coil up for more upside. If its recent activity is any indication, he expects another breakout attempt to manifest sooner rather than later.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency