Fetch.ai Price Prediction for Today, December 24 – FET Technical Analysis

After touching the low of $0.70, the Fetch.ai price prediction shows that FET may begin to rise if the price heads to the north.

Fetch.ai Prediction Statistics Data:

• ai price now – $0.72
• ai market cap – $613.5 million
• ai circulating supply – 829.4 million
• ai total supply – 1.1 billion
• ai Coinmarketcap ranking – #97

FET/USD Market

Key Levels:

Resistance levels: $0.95, $1.05, $1.15

Support levels: $0.50, $0.40, $0.30

FET/USD is at the moment trading at $0.72 after confirming a daily uptrend. However, in case the buyers can push the price above the resistance level of $0.80 and the daily candlestick closes above the upper boundary of the channel, the price may cross into the positive side.

Fetch.ai Price Prediction: FET/USD Could Face Massive Gains

The buyers are taking over the market as the Fetch.ai price moves toward the upper boundary of the channel, which connotes that the buyers are currently gaining the upper hand in the market at the moment. Meanwhile, the 9-day moving average remains above the 21-day moving average suggesting that buyers may continue to dominate the market.

Nevertheless, if the buyers push the market price above the resistance level of $0.80, then, the Fetch.ai price may rally toward potential resistance levels of $0.95, $1.05, and $1.15 while sliding below the lower boundary of the channel may hit the supports at $0.50, $0.40, and $0.30.

FET/BTC Faces the Upside

Against Bitcoin, if the Fetch.ai price fails to break above the upper boundary of the channel, it could begin another decline to the south as immediate support on the downside could be found below the 21-day moving averages. However, any bullish movement above the upper boundary of the channel could hit the resistance level of 2000 SAT and above.

On the contrary, if the Fetch.ai slides below the 9-day moving average, the first key support is near the 1500 SAT while the main support could be forming near 1400 SAT. Nevertheless, a downside break below the lower boundary of the channel could spark a sharp decline as the next major support could be 1300 SAT and below.

Alternatives to Fetch.ai

The Fetch.ai price could face the upside as the coin heads toward the upper boundary of the channel. However, if the market begins the upward movement, the $0.80 resistance level is likely to surface. Therefore, FET/USD may further look for higher price levels if the bulls increase the buying pressure.

Nevertheless, while Fetch.ai holds the 97th position on CoinMarketCap with a market cap of $615.3 million, the recently launched Bitcoin Minetrix (BTCMTX) token distinguishes itself through its ground-breaking approach to meme creation. Leveraging sophisticated AI technology and a token-driven credit system, BTCMTX has raised almost $6 million during its presale phase, presenting a compelling investment opportunity due to its innovative features.