$FET Price To Surge Post Integration Of $ASI - CoinPedia Analytics

The FET price continues to trade within a closed range between $1.285 and $1.855 for a brief period, indicating a weak bullish influence. Further, with a drop of 7.89% within the past day, the AI token is on the verge of testing its crucial support, the outcome of which is unpredictable.

At the moment of report, $FET is trading at:

- $1.304 on Binance

- $1.3043 on WhiteBIT

- $1.3039 on OKX

The Moving Average Convergence Divergence (MACD) displays a constant decline in the green histogram, indicating an increase in the selling-over-buying pressure in the crypto market. Moreover, the averages show a high possibility of a bearish convergence, suggesting a negative outlook for the AI token this week.

On the other hand, the SMA indicator constantly acts as a resistance to the FET price chart in the 1D time frame, suggesting a strong bearish sentiment in the crypto space.