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.

New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW

Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!


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 $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
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