WHY FET, AGIX and OCEAN ARE BOOMING! 🚀🚀🚀
Fetch.ai (FET) Price Prediction: Consolidation Before Completion
🌐 The Artificial Intelligence Alliance (ASI) is about to form and change everything. FET, AGIX (SingularityNET) and OCEAN (Ocean Protocol) will merge next month, resulting in the dissolution of these three tokens! 🔄
📉 Current Status of FET:
- FET has dropped from $2.2 to $1.2.
- The Mean Coin Age shows an increase in HODLing, but investors are discouraged by market conditions.
- The weighted sentiment is bearish, reaching annual lows.
🔄 Short Term Forecast:
- FET price is expected to consolidate between $1.0 and $1.7 until the ASI is formed in July.
- These levels have proven to be support and resistance in the past, so the sideways movement will continue until the formation of ASI.
🌟 Importance of ASI:
- The collaboration between FET, AGIX and OCEAN is a great milestone.
- Current FET holders don't see much incentive now, but the transformation to ASI promises big changes.
Although the current FET outlook seems uncertain and bearish, the formation of the ASI in July could bring new opportunities. Until then, let's wait and see how this exciting change plays out! 🔥