Bitcoin ETF

David Vance

Spot

Artificial Superintelligence Alliance

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 <p>The price of cryptocurrency Fetch.ai (FET) has seen remarkable growth over 2023, capping the year with a surge to new yearly highs, according to recent data.</p>
 <p>FET hit a peak of $0.6192 in the last 24 hours, marking a 5% increase in the last 24 hours. FET is up by 45% in the last seven days and over 500% year-to-date.</p>
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 <p>Analysts cite FET’s focus on artificial intelligence and machine learning technology as a key driver of interest among investors. However, momentum indicators also suggest the rally may be overextended.</p>
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 <p><strong>Also read:&nbsp;OKX DEX Suffers $424,000 Exploit</strong></p>
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 <p>The Relative Strength Index (RSI), which measures the speed and rate of price changes, recently flashed a bearish divergence before FET’s price cooled off slightly.&nbsp;</p>
 <h2 class="wp-block-heading" id="h-will-fet-go-higher-during-the-weekend">Will FET go higher during the weekend?</h2>
 <p>Crypto market experts are largely bullish on FET’s continued upside potential despite its parabolic rise this year. Analysts like David see room to run toward FET’s next resistance level around $1.00.</p>
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    <p lang="en" dir="ltr">Oh! So $FET did pushed into the 0.60s while I was asleep. 👀 <br><br>New yearly highs at $0.62 as well. 🔥📈 https://t.co/JhRyPvUyeQ pic.twitter.com/9xHWFxCf89</p>— David, 🐐 The Crypto Bull 🀄️🦥 (@DavidOnCrypto_) December 13, 2023
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 <p>Some traders also cite bullish Elliott Wave patterns that could drive FET up to $0.72 or higher in the short term. However, the strength of that next leg up remains to be seen.</p>
 <p><strong>Also read:&nbsp;SEC Meets With BlackRock To Discuss Spot Bitcoin ETF</strong></p>
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 <p>For now, FET seems to be capitalizing on interest in AI technology and this year’s broad cryptocurrency boom. However, it is unclear&nbsp;whether the price of FET can surge higher. Investors and traders should be cautious while investing in Fetch.ai as the market can prove to be unpredictable.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/fet-price-prediction-for-the-weekend-can-fetch-ai-hit-1-tbt73543.html">https://thebittimes.com/fet-price-prediction-for-the-weekend-can-fetch-ai-hit-1-tbt73543.html</a></p>

FET Price Prediction For The Weekend: Can Fetch.ai Hit $1?

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TheBitTimes

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