Fetch.ai Price Prediction for Today, May 8: FET/USD Ushers Price to $0.240 Support

Updated: 19 May 2023

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The Fetch.ai price prediction shows that FET has not been able to fetch any significant growth over the past few days.

Fetch.ai Prediction Statistics Data:

ai price now – $0.258
ai market cap – $211.8 million
ai circulating supply – 821.1 billion
ai total supply – 1.1 billion
ai Coinmarketcap ranking – #137

FET/USD Market

Key Levels:

Resistance levels: $0.400, $0.420, $0.440

Support levels: $0.140, $0.120, $0.100

Fetch.ai Price Prediction for Today, May 8: FET/USD Ushers Price to $0.240 Support — FETUSD – Daily Chart

FET/USD bulls could not push the price above the 9-day ad 21-day moving averages because of bearish pressure. The coin has been trading on the negative side for the past few days as the sellers dominate the market.

Fetch.ai Price Prediction: FET Price Not Yet Ready for the Upside

The Fetch.ai price is consolidating around $0.258. The market may go up if it bounces above the 9-day and 21-day moving averages to face the upper boundary of the channel, which could hit potential resistance levels of $0.400, $0.420, and $0.440. Meanwhile, FET/USD may sink if the bears break toward the downside, and crossing below the lower boundary of the channel could locate the critical support levels of $0.140, $0.120, and $0.100.

Looking at the daily chart, FET/BTC is seen moving sideways as the coin is yet to record a tremendous gain. However, the buyers may continue to gather momentum, it is likely that the coin to begin an upward movement if the bulls return back into the market.

Nevertheless, a bullish movement above the 9-day and 21-day moving averages could push the FET price to the resistance level of 1700 SAT and above. Meanwhile, looking from below, the Fetch.ai price is likely to cross below the lower boundary of the channel, and breaking below the current market value may bring the price to the new low of 350 SAT and below.

Fetch.ai Alternatives

The Fetch.ai price can only move bullishly if the coin crosses above the 9-day and 21-day moving averages. At the time of writing, the technical indicator Relative Strength Index (14) is moving into the oversold region so that buyers can gain more momentum. Nevertheless, AiDoge offers an innovative meme generation solution, leveraging advanced AI technology, user-friendly prompts, and a token-based credit system to revolutionize meme creation and cultivate a thriving crypto community. Therefore, its presale has now raised almost $4 million as this could be the best time to invest.

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