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<p>Fetch.ai, a machine-learning decentralized finance project, has crypto traders buzzing about the potential for fresh all-time highs in the near future.</p>
<p>The native FET token sits in the $0.70 region currently after several failed breakout attempts in recent weeks, per <a href="https://twitter.com/DavidOnCrypto_/status/1745390299176706268" target="_blank" rel="noopener noreferrer nofollow">trader David</a>. He highlights lingering overhead resistance just above current levels that could give way to accelerated upside if overcome.</p>
<p>Indeed, analyst Scient <a href="https://twitter.com/Crypto_Scient/status/1745387722897010850" target="_blank" rel="noopener noreferrer nofollow">points </a>to an “original setup nearly playing out fully” that would imply upside targets of $1 and possibly beyond. After identifying promising entry signals around $0.60, Scient notes FET has achieved two partial profit-taking zones already.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="789" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-1024x789.png" alt="" class="wp-image-418418" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-1024x789.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-300x231.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-767x591.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-1536x1184.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-2048x1578.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-195x150.png 195w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-100x77.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-454x350.png 454w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290-788x607.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-290.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Now with FET rallying 18% off its identified trigger point, Scient spies a break of the 4-hour technical downtrend. This could pave the way to new highs if further rejection does not emerge first.</p>
<p>As with previous rallies losing steam around the $0.70 zone, traders seem keen to see FET push through without significant setbacks. Scient suggests any retest of short-term moving average support near $0.65 or so would offer another low-risk accumulation zone for savvy traders.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="509" src="https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-1024x509.png" alt="" class="wp-image-418410" srcset="https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-1024x509.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-300x149.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-766x381.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-1536x764.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-2048x1019.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-302x150.png 302w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-100x50.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-704x350.png 704w, https://captainaltcoin.com/wp-content/uploads/2024/01/image-289-788x391.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>But with bullish momentum building over several weeks, conditions appear ripe for Fetch.ai to tackle resistance levels, which have turned it back multiple times recently. A decisive breakout could target the $1 threshold called out. From current levels, that would imply 50%+ upside potential from what’s already a sharp uptrend underway.</p>
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<p>The post <a href="https://captainaltcoin.com/will-fetch-ai-fet-finally-smash-through-key-resistance-on-the-way-to-1/" rel="noopener noreferrer nofollow">Will Fetch.ai (FET) Finally Smash Through Key Resistance on the Way to $1?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Will Fetch.ai (FET) Finally Smash Through Key Resistance on the Way to $1?

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