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Fetch.ai (FET) price is a top gainer today, boasting a 10% surge in the last 24 hours. During the same timeframe, trading volume is up around 90%.
Based on comments on Crypto X, experts are not surprised by the Fetch.ai breakout. They saw it coming after the price action registered a bullish flag.
$Fet (Update)
Fet is moving as Expected after its successful breakout from bullish flag and having a successful Retest leads it towards 30% of profits still more to go📈🚀#Crypto #cryptocurrency #Fet #Fetusdt https://t.co/TH5tp0InpM pic.twitter.com/ZXSNGD2TnW
— Universe of Crypto (@UniverseCrypto7) October 25, 2023
The breakout has investors anticipating a 70% growth potential, with the altcoin indicating the need for patience and the ability to spot waves. Investors use this strategy to buy even when the market index is flashing fear.
Notice the rising volume on the #FETUSDT chart, a strong give away signal.#FetchAI can grow 70% or more short-term (fast).
✅#TradeSignal | https://t.co/f7bGBSaXJ6
|#Altcoins |#Crypto |#FET pic.twitter.com/3w9GQ1uPnx
— Alan Santana (@lamatrades1111) October 25, 2023
Citing one user, “The more I look at Fetch.ai chart, the more bullish I become, so doubled my bag. Will double further if it breaks down.”
Nevertheless, it is imperative to note that one must always conduct their research and not rely on advice given by other traders.
Fetch.ai Price Prognosis As FET Pumps Hard
Fetch.ai’s price is up almost 50% in the last week, with tailwinds coming from the demand zone, which extends from $0.2019 to $0.2150. Notably, a demand zone is an area where strong buyers reside. As such, aggressive buying is expected from this order block.
Increased buying pressure from the demand zone has seen Fetch.ai’s price shatter past the supply zone, extending from $0.2515 to $0.2693. The move above this order block has flipped it into a bullish breaker, with prospects for more gains steered by rising momentum.
If the buyer momentum continues, Fetch.ai’s price could extrapolate the gains for the altcoin to tag $0.3144. This move was confirmed by Fetch.ai shattering the mean threshold of the order block at $0.2599.
The Relative Strength Index (RSI) at 78 also points to rising momentum, with its trajectory pointing north. As long as this directional bias is maintained, the upside potential for the altcoin remains steadfast. This is solidified by the Awesome Oscillator (AO), which records green histogram bars as it sustains within the positive territory.
On the other hand, should profit-taking kick in, Fetch.ai’s price could pull back, flipping the bullish breaker back into a resistance block (supply zone). Further south, the slump could see FET drop below the $0.2500 psychological level.
In the dire case, the downtrend could see Fetch.ai’s price dwindle towards the demand zone, potentially flipping this order block into a bearish breaker. For a confirmed downtrend below this level, investors should watch for confirmation as the price crosses below the $0.2084 midline.
Shift gaze to MK, a new contender in the meme coin ecosystem that has still received attention from the likes of Pepe, DOGE, SHIB, and FLOKI. Analysts are very bullish about this token.
Promising Alternative To Fetch.ai
MK is the powering token behind the Meme Kombat ecosystem, a stake to earn project meeting users where gaming and gambling intersect. It is an innovative new gaming platform tailored to meet the needs of gaming enthusiasts. Its range of offerings range from active betting to passive staking. Join the MK community, where there are rewards for all participants.
We have reached 3000 fighters in the Meme Kombat Telegram Community🎉
Let's keep the community strong. Answer with the one thing that excites you most about #MemeKombat⏬ pic.twitter.com/HU3S002kni
— Meme Kombat (@Meme_Kombat) October 25, 2023
The Meme Kombat project is still in the presale stage, with a single MK token selling for $0.1667. The presale sales have breached the $707,120 mark, speeding toward the $1 million mark.
We're edging closer to $700k raised in presale fighters!
LFG! $MK pic.twitter.com/PD62McQDF4
— Meme Kombat (@Meme_Kombat) October 25, 2023
This is the time to buy MK before the price increases on November 2 to $0.1833. The token has emerged as a formidable contender even as its peers in the meme coin space continue to struggle. Despite the crypto market rebounding, other meme coins continue to suffer, with Meme Kombat taking the lead as its presale tokens sell out fast.
🔥 #MemeKombat UPDATE 🔥
Staged Presale = ON
▪️ NOW: 0.1667 USD
▪️ Nov 2nd: JUMPS to 0.1833 USDThe timer is set! Secure your $MK before the rise! ⏰ pic.twitter.com/LMreT8M2Ce
— Meme Kombat (@Meme_Kombat) October 23, 2023
Once you are an MK token holder, you do not have to wait for the presale to end before you can start earning. Stake your tokens for Annual Percentage Yields (APY) as high as 112%.
Also Read:
- New Meme Crypto Presale Hits Half-Million Mark – Is $MK Token The Next Pepe?
- Is Meme Kombat ($MK) The Next Big Crypto Game – Video Review
- Meme Kombat Emerges as New Contender as Other Meme Coins Struggle
Newest Meme Coin ICO - Wall Street Pepe
- Audited By Coinsult
- Early Access Presale Round
- Private Trading Alpha For $WEPE Army
- Staking Pool - High Dynamic APY
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