FET/USD Ready for $0.250 as Price Hits $0.232 Level

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After breaking toward the upside, the Fetch.ai price prediction shows that FET may continue to rise if the price heads to the north.

Fetch.ai Prediction Statistics Data:

Fetch.ai price now – $0.227
Fetch.ai market cap – $189.9 million
Fetch.ai circulating supply – 821.2 million
Fetch.ai total supply – 1.1 billion
Fetch.ai Coinmarketcap ranking – #143

FET/USD Market

Key Levels:

Resistance levels: $0.300, $0.320, $0.340

Support levels: $0.150, $0.130, $0.110

FETUSD – Daily Chart

FET/USD is currently trading at $0.227 after confirming a daily uptrend. However, in case the buyers were able to push the price above the resistance level of $0.250 and the daily candlestick closes above the upper boundary of the channel, the price may cross into the overbought region.

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

The buyers are taking over the market as the Fetch.ai price moves to cross above the upper boundary of the channel which connotes that the buyers are currently gaining the upper hand in the market. Meanwhile, the signal line is pointing up to indicate a buy signal.

In the meantime, if the buyers push the price above the resistance level of $0.250, then, the Fetch.ai price may rally towards potential resistance levels of $0.300, $0.320, and $0.340 while sliding to the south may hit the supports at $0.150, $0.130, and $0.110 respectively.

Against Bitcoin, If the Fetch.ai price fails to continue higher above the 800 SAT and $900 SAT resistance levels, it could begin another decline to the south. However, immediate support on the downside is below the 9-day and 21-day moving averages.

Moreover, the first key support is near the 700 SAT. The main support could be forming near 600 SAT. Nevertheless, a downside break toward the lower boundary of the channel could spark a sharp decline as the next major support could be 500 SAT and below.

Fetch.ai Alternatives

The Fetch.ai price may continue to follow the uptrend as the coin needs to see a shift in momentum and this could push the market price toward the north. However, the nearest resistance level could be established above the upper boundary of the channel.

Nonetheless, As the crypto community continues to ride the wave of meme coins, a new contender is turning heads, that is Wall Street Memes ($WSM). Meanwhile, traders think this new meme coin could explode after raising almost $13 million in the presale.

Wall Street Memes – Next Big Crypto