FET NEWS 22/9
Fetch.AI (FET) has surged more than 22% after breaking out of the macro downtrend, approaching the key resistance level at $1.77.
FET’s price action shows that the token has reached the upper Bollinger Band at $1.637, which is usually a sign of overbought conditions. The RSI is at 62.22, indicating room for further gains while remaining close to overbought territory.
With strong buying pressure, traders are closely watching the $1.77 resistance level. A breakout above this level could signal a rally to $2. Conversely, if it fails to clear this level, FET could revisit the $1.3 support level.