Overview
As of June 25, 2024, the current sentiment for Fetch.ai (FET) is bearish. The Fear & Greed Index is showing 30, indicating fear in the market. Fetch.ai recorded 8 green days out of the last 30, with a price volatility of 18.56%.
Short-Term Predictions
Tomorrow: Fetch.ai is predicted to lose 0.00% and reach a price of $1.660603.
This Week: The price of Fetch.ai is forecasted to trade within a range of $1.660603 to $1.714129, with an expected increase of 3.22% to $1.714129 by July 1, 2024.
Next Week: The price range prediction for Fetch.ai is between $1.714129 and $1.825672. If it reaches the upper price target, Fetch.ai could increase by 6.51% to $1.825672 by July 8, 2024.
30-Day Projection
By July 2, 2024: Fetch.ai is projected to be trading at $1.712461, representing a gain of 3.12% over the current price.
Technical Indicators
Relative Strength Index (RSI): Currently at 47.40, indicating a neutral market position.
Moving Averages and Oscillators
Simple Moving Averages (SMA) and Exponential Moving Averages (EMA): These are used to smooth price action over a specific period and are lagging indicators, meaning they are influenced by historical price activity.
Conclusion
Based on the data:
The short-term sentiment for Fetch.ai is bearish, making it currently a bad time to buy according to the technical indicators.
There is a projected slight increase in the price over the next week and month.
The overall market sentiment for Fetch.ai remains cautious with a neutral RSI and a fear indicator in the broader market.
Investors should consider both technical and fundamental factors before making any decisions.$FET