Fetch.ai Price Prediction for Today, August 27

Fetch.ai Price Prediction for Today, August 27 – FET Technical Analysis

Updated: 27 August 2023

Disclosure

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

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The Fetch.ai price prediction shows that FET begins the bullish movement with a steady increase above the $0.21 resistance.

Fetch.ai Prediction Statistics Data:

Fetch.ai price now – $0.21
Fetch.ai market cap – $170.8 million
Fetch.ai circulating supply – 819.2 million
Fetch.ai total supply – 1.1 billion
Fetch.ai Coinmarketcap ranking – #140

FET/USD Market

Key levels:

Resistance Levels: $0.25, $0.27, $0.29

Support Levels: $0.17, $0.15, $0.13

Fetch.ai Price Prediction for Today, August 27 – FET Technical Analysis — FETUSD – Daily Chart

FET/USD keeps heading to the north as the price hovers above the resistance level of $0.21. A daily close above this level may increase the price of the coin to the resistance level of $0.22. However, traders should note that a consistent price increase may bring more buyers into the market if bulls increase their positions.

Fetch.ai Price Prediction: FET/USD May Begin to Move Higher

According to the daily chart, if the Fetch.ai price remains above the 9-day and 21-day moving averages, it is likely to break toward the upper boundary of the channel. Meanwhile, the daily chart also reveals that if the 9-day moving average crosses above the 21-day moving average, this could confirm the presence of the bulls in the market.

Nevertheless, if the bulls fail to push the coin to the upside, the bears may take advantage and bring the market price below the lower boundary of the channel. However, the technical indicator Relative Strength Index (14) confirms the bullish movement as the signal moves to cross above the 60-level. If the Fetch.ai price rises further, heading toward the upper boundary of the channel may locate the resistance levels at $0.25, $0.27, and $0.29 but sliding below the lower boundary of the channel may bring the price to the supports at $0.17, $0.15, and $0.13.

FET/BTC May Look for Additional Gains

Against Bitcoin, the Fetch.ai price is hovering above the 9-day and 21-day moving averages aiming to cross above the upper boundary of the channel. However, any further bullish movement above the channel may likely hit the resistance level at 950 SAT and above.

On the contrary, if the sellers bring the market to the south, traders can expect a fall toward the lower boundary of the channel, breaking below this barrier may locate the support at 680 SAT and below. Meanwhile, the technical indicator Relative Strength Index (14) remains above the 60-level, suggesting more bullish signals for the coin.

Fetch.ai Alternatives

The Fetch.ai price is currently trading at $0.213 as the coin faces the upside. Once it manages to surpass the daily high of $0.216, the next target may come at $0.220 which it could touch in the next few days. Meanwhile, a breach of the current market value may send the price straight to around the $0.200 support level.

Nevertheless, the Wall Street Memes’ team has revealed that $WSM will be listed in some major crypto exchanges once the presale concludes as the token has raised over $25 million in the presale and this could be the best time to invest.

New OKX Listing - Wall Street Memes

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