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Price Prediction For FET/USD For 16th August: Fetch.ai Bulls Are Dominating The Market

Dogecoin Daily Price Forecast for the 16TH of August: Doge/USD in a Very Strong Uptrend
Dogecoin Daily Price Forecast for the 16TH of August: Doge/USD in a Very Strong Uptrend

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Price Prediction For FET/USD For 16th August: Bulls Are Dominating The Market

There was a fierce struggle between the buyers and the seller on the 14th of August which ended in favour of the sellers. The daily trading session on the 14th of August suggests the buying pressure recovered, pushing the price closer to its starting point. Then on the 15th, which was the following day, buying pressure took the price up, later on, selling pressure brought the price back down. However, the day ended to favour of the buyers since the price did not exceed the opening price. Today we see that the bulls took control of the market. They are taking the price up, at the present, the price of FET/USD is $0.10718410.

 

FETCH Price Statistic Data

  • FET/USD price now: $0.10718410
  • FET/USD market cap: $80,223,109
  • FET/USD circulating supply: 746,113,681 FET
  • FET/USD total supply: 1,152,997,575 FET
  • FET/USD coin market ranking: #308

 

Key levels

  • Resistance: $0.095784477, $0.10445612 $0.10718410
  • Support: $0.09935533, $0.09578477, $0.07640176

 

 

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Price Prediction: Today’s Market is Bullish

Fetch gains 10.8% on today’s daily chart. Fetch may be resuming its uptrend. The possibilities are high that the price today may close at $0.10864095. The Bollinger band shows several bullish activities. For today bullish activities are trying to break out of the band. The RSI measures market strength at 62.78%. The signal line of the RSI is 60.74%.

Price Prediction For FET/USD For 16th August: Bulls Are Dominating The Market

The 4-Hour Chart Outlook

The very first trading session was bullish then the following trading session was Bearish. There is the chance that the price may get stuck at the present resistant level. But if the bulls regain their ground, the price may break the resistant level.

 

 

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