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Fetch.ai (FET) price has cleared important resistance at $2.50, but the expected rally may not take off and a bearish trend is expected to happen. Meanwhile, Investors are expecting Fetch.ai (FET) to continue its growth, but they may be disappointed. The popular AI token is at risk of coming under selling pressure as it has already reached a market top.
Fetch.ai (FET) Faces Potential Downturn Despite Recent Breakout
A bullish breakout from consolidation and a breakout of a key resistance level indicate the possibility of a rally. However, the situation is complicated by the fact that Fetch.ai (FET) formed a market top this week.
Fetch.ai (FET) price has cleared important resistance at $2.50, but the expected rally may not take off and a bearish trend is expected to happen. Meanwhile, Investors are expecting Fetch.ai (FET) to continue its growth, but they may be disappointed. The popular AI token is at risk of coming under selling pressure as it has already reached a market top.
Fetch.ai (FET) Faces Potential Downturn Despite Recent Breakout
A bullish breakout from consolidation and a breakout of a key resistance level indicate the possibility of a rally. However, the situation is complicated by the fact that Fetch.ai (FET) formed a market top this week.