What’s going on in FetchAi (FET), one of the leading coins in the Artificial Intelligence field? Is it possible to see rises like in the old days?
FET, one of the main names of AI-focused coins, has not experienced increases in volume for a while. FET, which has gained popularity compared to other AI-based coins, has been forgotten due to the increasing number of projects in this field. While coins such as AGIX and RNDR continue to gain value, the fact that FET has decreased by 50 percent since April 17 has affected the perspective of investors towards the coin. What does the graph show on the FET side? Can FET get back to its old days?
FetchAi (FET) Graphic Analysis
Starting the uptrend at $0.218, the FET came to the 0.274 resistance. The FET, which will decide its next direction at this resistance, may want to test the 0.312 – 0.334 – 0.404 and 0.447 resistances, respectively, with a bulky upside breakout. For FET, not only technical analysis, but also fundamental analysis should be followed. Situations such as where the Artificial Intelligence frenzy is going, projects that receive Artificial Intelligence investment, and the work of the FET ecosystem can be considered.
Factors such as the weakening of the Artificial Intelligence frenzy can shake the price of FET. In this case, the support levels to follow for the FET are $0.241 and $0.218. FET, one of the representatives of the Artificial Intelligence industry on the crypto side, is followed with interest by many investors.
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