Green

Rekt

Artificial Superintelligence Alliance

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 A closely followed crypto strategist believes that one artificial intelligence (AI) focused altcoin could soon surge to new all-time highs (ATH). 
 Pseudonymous analyst Rekt Capital tells his 382,100 followers on the social media platform X that Fetch.ai (FET) could remain in an uptrend if it breaks through a key resistance level on the monthly chart. 
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 “A dip is in progress into the local support (purple). 
 Retest is successful thus far there. 
 Continued stability here and FET will challenge its final major resistance (red) for a chance at new all-time highs. 
 Price discovery is a matter of time.” 
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 FET closed at $0.204 on October 19, 2023, and is trading for $0.730 at time of writing, a gain of nearly 258%. FET reached an all-time daily high of $1.17 in November 2021. 
 Fetch.ai is a blockchain-based AI platform that aims to automate supply chain logistics or record-keeping for individuals or organizations. 
 Next up, the trader says that Ethereum (ETH) could move to the upside if it holds a key support level at $2,274. 
 “ETH is in the process of retesting the $2,274 level (red) as support. 
 Successful retest here would enable a +22% move to the upside. 
 Green pathway still intact for as long as red continues to act as support.” 
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 <img decoding="async" class="css-9pa8cd" draggable="true" src="https://thebittimes.com/image/getimage/?url=https://pbs.twimg.com/media/GDBbkk0WUAAaA6j?format=jpg&amp;name=large" alt="Image" width="1786" height="1266">
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 Source: Rekt Capital/X
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 Looking at the trader’s monthly chart, he suggests that ETH could be heading to the $2,791 level. 
 Ethereum is trading for $2,266 at the of writing, up more than 2% in the past 24 hours. 
 
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Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/ai-altcoin-that-s-shot-up-over-250-in-under-three-months-angling-for-new-all-time-high-says-crypto-analyst-tbt75710.html">https://thebittimes.com/ai-altcoin-that-s-shot-up-over-250-in-under-three-months-angling-for-new-all-time-high-says-crypto-analyst-tbt75710.html</a>

AI Altcoin That’s Shot Up Over 250% in Under Three Months Angling for New All-Time High, Says Crypto Analyst

TheBitTimes

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