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<p>Fetch.ai (FET) and Near Protocol (NEAR) have experienced significant price increases in the last 24 hours, with FET gaining 11.30% and NEAR rising by 5.74%. These impressive gains have caught the attention of traders and investors alike, as both projects demonstrate strong technical indicators and potential for further growth.</p>
<h2 class="wp-block-heading" id="fetch-ai-fet-breaks-out-of-descending-channel">Fetch.ai (FET) Breaks Out of Descending Channel</h2>
<p>Fetch.ai (FET) has broken out of a descending channel, signaling a potential trend reversal and further upside potential. The token is currently trading at $2.83, with a 24-hour low and high of $2.54 and $2.93, respectively.</p>
<p>FET’s 200-day moving average (MA) stands at $0.7687. With the token trading well above this level, it indicates that the long-term trend is bullish, and FET has significant room for growth. When a token trades above its 200-day MA, it is generally considered a positive sign, suggesting that the asset is in an uptrend.</p>
<p>The daily chart Relative Strength Index (RSI) for FET is currently at 62. An RSI between 50 and 70 indicates that the token is neither overbought nor oversold, suggesting a healthy level of buying pressure. This positioning favors the potential for further price appreciation as market sentiment remains positive.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1012" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-1012x1024.png" alt="" class="wp-image-460421" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-1012x1024.png 1012w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-297x300.png 297w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-768x777.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-1518x1536.png 1518w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-2024x2048.png 2024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-148x150.png 148w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-100x101.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-346x350.png 346w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191-788x797.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1191.png 1193w" sizes="(max-width: 1012px) 100vw, 1012px">
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<h2 class="wp-block-heading" id="near-protocol-near-surges-following-horizontal-channel-breakout">Near Protocol (NEAR) Surges Following Horizontal Channel Breakout</h2>
<p>Near Protocol (NEAR) has also experienced a notable price increase, gaining 5.74% in the last 24 hours. The token is currently trading at $7.82, with a 24-hour low and high of $7.29 and $7.99, respectively.</p>
<p>Our analysis reveals that NEAR has broken out of a horizontal channel, indicating a potential shift in market sentiment and further upside potential. This breakout is a bullish signal, as it suggests that the token may be poised for a significant price movement.</p>
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<p>The daily chart RSI for NEAR stands at 61, which is similar to FET’s RSI. An RSI between 50 and 70 indicates a healthy level of buying pressure, suggesting that the token has room for further price appreciation.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1012" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-1012x1024.png" alt="" class="wp-image-460429" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-1012x1024.png 1012w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-297x300.png 297w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-768x777.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-1518x1536.png 1518w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-2024x2048.png 2024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-148x150.png 148w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-100x101.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-346x350.png 346w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192-788x797.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-1192.png 1193w" sizes="(max-width: 1012px) 100vw, 1012px">
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<p>NEAR’s 200-day moving average (MA) stands at $2.794. With the token trading significantly above this level, it suggests that the long-term trend is bullish, and NEAR has considerable room for growth. When a token trades above its 200-day MA, it is generally considered a positive sign, indicating that the asset is in an uptrend.</p>
<p>The recent price surges of Fetch.<a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="ai" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">ai</a> (FET) and Near Protocol (NEAR) demonstrate the growing interest in projects with strong technical indicators and breakout potential. As both tokens trade well above their 200-day moving averages and maintain healthy RSI levels, investors and traders are taking notice of the potential for further upside.</p>
<p>However, as with any investment in the volatile cryptocurrency market, it is essential to conduct thorough research and exercise caution when making investment decisions. While the current technical indicators and market sentiment appear favorable for FET and NEAR, the crypto market remains highly dynamic, and prices can fluctuate rapidly based on various factors.</p>
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<p>The post <a href="https://captainaltcoin.com/fetch-ai-fet-and-near-protocol-near-prices-surging-heres-why/" rel="noopener noreferrer nofollow">Fetch.ai (FET) And Near Protocol (NEAR) Prices Surging: Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Fetch.ai (FET) And Near Protocol (NEAR) Prices Surging: Here’s Why

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