💥 According to BeinCrypto: $FET Price Prediction

Fetch.ai’s price has seen a drop of 12.7% in the span of a week, with the altcoin sitting at $2.08, close to the support at $1.96. The increasing bearishness at the hands of investors could cause a drop below this support.

Additionally, the altcoin is vulnerable to a death cross. A death cross occurs when a short-term 50-day Exponential Moving Average (EMA) crosses below a long-term 200-day EMA, indicating a potential bearish trend. This could drag FET down to $1.71.

On the other hand, the support of $1.96 has been tested multiple times recently but has not been broken down below. If this level remains unbroken, Fetch.ai’s price could bounce back, pushing FET to $2.26. 

Breaching and flipping it into support would enable a rise to $2.46 and beyond, in effect invalidating the bearish thesis.