2024

Artificial Superintelligence Alliance

<div class="coinjournal">
 <ul>
 <li dir="ltr">Fetch.ai eyes upside bounce as Indonesia’s largest exchange adds FET</li>
 <li dir="ltr">FET daily trading volume spikes 47% as price reclaims support above $0.60.</li>
 <li dir="ltr">A broader bullish market could see FET break to $1 and target new all-time high.</li>
 </ul>
 Fetch.ai (FET) price was down 9% on Thursday as the declines across the crypto market saw most coins pare gains seen in the last week of December and early January.
 But while FET traded at lows of $0.65, the token’s listing on Indonesia’s largest <a rel="noopener noreferrer nofollow" title="Crypto exchange" href="https://thebittimes.com/tag/crypto-exchange.html">Crypto exchange</a> and an expected uptick across crypto could see bulls target a notable bounce towards the crucial $1 level.
 <h2 dir="ltr" id="fetch-ai-price-outlook">Fetch.ai price outlook</h2>
 After gaining more than 40% in the past month as price reached highs of $0.78, FET gains in the last 30 days are down to 28%. The token is in the red over the past fortnight.&nbsp;
 However, Fetch.ai remains in a strong position given the bullish sentiment surrounding crypto and the expected buoyance from the 2024 AI narrative.
 Short-term, the listing of FET on INDODAX (the largest cryptocurrency exchange in Indonesia), could add to recent retail interest in the project.
 On January 4, INDODAX added FET/IDR, and the listing coincided with an uptick in trading volume for Fetch.ai (FET). According to data from CoinGecko, over $171 million worth of FET had been traded in the last 24 hours as of Thursday morning. This represented a 48% increase.
 The jump in daily volume comes as FET price looks to hold above the key $0.60 area. The token has retested this as <a rel="noopener noreferrer nofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a> and <a rel="noopener noreferrer nofollow" title="fresh" href="https://thebittimes.com/tag/fresh.html">fresh</a> <a rel="noopener noreferrer nofollow" title="accumulation" href="https://thebittimes.com/tag/accumulation.html">accumulation</a> here could see buyers target $0.80.
 <img decoding="async" src="https://cdn.thebittimes.com/images/2024/01/04/7e850e5e176794e68d49d6623fba93dd.webp" style="width: 100%" class="fr-fic fr-dib" width="600" height="254">
 If the resistance zone flips into <a rel="noopener noreferrer nofollow" title="support" href="https://thebittimes.com/tag/support.html">support</a>, a bounce to $1 could open FET/USD to a potential spike amid price discovery. The all-time high for Fetch.ai price is $1.17, reached in September 2021.
</div>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/fetch-ai-fet-reclaims-key-support-amid-fresh-accumulation-tbt75565.html">https://thebittimes.com/fetch-ai-fet-reclaims-key-support-amid-fresh-accumulation-tbt75565.html</a>

Fetch.ai (FET) reclaims key support amid fresh accumulation

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