What's Happening in FetchAi (FET)? June 2, 2023 - Coinleaks
Current Date:September 21, 2024

What’s Happening in FetchAi (FET)? June 2, 2023

FetchAi, one of the leading coins of Artificial Intelligence ( FET ) What’s going on? Is it possible to see rises like in the old days?

Artificial intelligenceone of the main names of focused coins FET , has not experienced increases in volume for a while. FET, which has gained popularity compared to other AI-based coins, has been forgotten due to the increasing number of projects in this field. AGIX, RNDR While FET continued to appreciate in value, the fact that FET has decreased by 50 percent since April 17 has affected the perspective of investors towards the coin. What does the graph show on the FET side? Can FET get back to its old days?

FetchAi (FET) Graphic Analysis

Starting the uptrend at $0.218, the FET came to the 0.274 resistance. The FET, which will decide its next direction at this resistance, may want to test the 0.312 – 0.334 – 0.404 and 0.447 resistances, respectively, with a bulky upside breakout. For FET, not only technical analysis, but also fundamental analysis should be followed. Situations such as where the Artificial Intelligence frenzy is going, projects that receive Artificial Intelligence investment, and the work of the FET ecosystem can be considered.

Factors such as the weakening of the Artificial Intelligence frenzy can shake the price of FET. In this case, the support levels to follow for the FET are $0.241 and $0.218. FET, one of the representatives of the Artificial Intelligence industry on the crypto side, is followed with interest by many investors.