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Fetch.ai: What crossing this key price level means for FET predictions

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Fetch.ai [FET] displayed a commendable performance last week as its price rallied in double digits. Thanks to the recent uptrend, the token managed to go above a key resistance level. Does this mean that FET is about to reach an all-time high anytime soon?

According to CoinMarketCap, FET’s price has rallied substantially in the recent past as its value surged by more than 15% in the last 24 hours alone.

While the token’s price gained bullish momentum, a crypto investor pointed out a key resistance zone near the $0.58 mark. Because of the current uptrend, FET managed to go beyond that level for quite some time.

$FET / $USD – Update

Range between 0.46c & 0.58c –> Break out from 0.58c –> Pump to ATHs

Sounds like a plan legends pic.twitter.com/94XAN9ecIj

— Crypto Tony (@CryptoTony__) December 12, 2023

Therefore, the possibility of FET reaching new highs seemed likely to happen. At the time of writing, Fetch.ai was trading at $0.5797 with a market capitalization of over $477 million.

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The token’s trading volume also surged by more than 190%, which acted as a foundation for the bull rally.

AMBCrypto then took a look at the token’s supply distribution to better understand market sentiment around the token.

Santiment’s data revealed that FET’s supply on exchanges dropped in the last few days. This happened while its supply outside of exchanges increased.

Additionally, its total number of holders increased, reflecting investors’ willingness to buy the token.

Source: Santiment

Whale activity around the token was also high. This was evident from the rise in FET’s whale transactions.

Not only that, but the whales also bought FET as its supply held by top addresses registered an increase on 7th December 2023, which clearly suggested that big players were actually expecting the token’s price to surge.

However, CryptoQuant’s data painted a different picture. As per the data, both FET’s exchange reserve and net deposit on exchanges were rising. This hinted at a hike in selling pressure, which is a typical bear signal.

Source: CryptoQuant

To better understand whether FET’s price would continue to pump or witness a correction, AMBCrypto checked FET’s daily chart.

Fetch.ai’s MACD displayed the possibility of a bearish crossover. Its Relative Strength Index (RSI) also registered a decline.

Realistic or not, here’s FET’s market cap in BTC terms

Additionally, FET’s Chaikin Money Flow (CMF) followed a similar declining trend.

Considering these indicators, it was likely that FET would witness a slight price correction in the near term before it continued its bull rally to reach new highs.

Source: TradingView

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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