Will The AI Token FET Price Reach $5 This Month?
As Bitcoin prices rise, AI tokens like FET are bouncing back. FET shows a bullish reversal from a critical support level.
Fetch.AI (FET) Price Performance
- Market Cap: $1.378 Billion
- Rank: #64
- 30-Day Drop: 22%
The daily chart shows a falling channel pattern with FET trading at $1.63, a 4.62% intraday drop. Despite this, a bullish engulfing candle suggests a potential reversal. The MACD also indicates a bullish crossover.
Potential Outcomes:
- **Bullish Reversal:** Possible jump to $2.5 or even a breakout to $3.50.
- **Bearish Continuation:** Potential drop below $1.50.
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