Prisma Finance

Fetch

when

Artificial Superintelligence Alliance

<p>Fetch AI (FET) has received a neutral rating from InvestorsObserver. However, the rating comes at a time when the leading Cosmos-based project has been performing contrary to the broader market.</p>
<h2 id="fetch-ai-gets-neutral-rating">Fetch AI Gets Neutral Rating</h2>
<p><a rel="noopener noreferrer nofollow" href="https://www.investorsobserver.com/news/crypto-update/fetch-ai-fet-receives-a-neutral-rating-saturday-is-it-time-to-jump-ship" target="_blank">InvestorsObserver</a> gave Fetch AI (FET) a neutral rating on Saturday. The overall cryptocurrency market is up 0.58%, but the cryptocurrency is down 4.08% to $3.09.</p>
<p>The Sentiment Score evaluates Fetch AI’s performance based on volume and price change throughout the previous five days. Longer-term investors attempting to purchase the drop as well as short-term investors hoping to ride a rally may find this helpful.</p>
<h2 id="fetch-ai-trades-lower-than-market">Fetch AI Trades Lower Than Market</h2>
<p>Currently, Fetch AI is trading close to where it was five days ago. The cryptocurrency is up 29.32% from its five-day low of $2.39 and down 11.06% from its five-day high.</p>
<p>The price for the firm is presently below support. Fetch.ai is potentially in dangerous terrain as selling drives the cryptocurrency’s price below recent support, with resistance at $3.36 and support at $3.09. Recently, the firm has traded with little volume. This indicates that the volume today is lower than the volume over the previous seven days on average.</p>
<p><strong>Read Also: <a href="https://coingape.com/hacker-calls-for-live-apology-from-prisma-finance-post-11m-heist/" target="_blank" rel="noopener noreferrer nofollow">Hacker Calls for Live Apology from Prisma Finance Post $11M Heist</a></strong></p>
<h2 id="fet-prices-today">FET Prices Today</h2>
<p>FET saw a sharp decrease that culminated at $3.07 being down nearly 3% as compared to the same time last day. The market capitalization of FET is $2.6 billion. Even the trading volume has toppled 22% to hit the $373.9 million level.</p>
<h2 id="fetch-ai-s-recent-venture">Fetch AI’s Recent Venture</h2>
<p>The neutral rating for the firm also comes at a time when it had previously announced a ground-breaking program to support the advancement of <a href="https://coingape.com/fetch-ai-unveils-100m-program-to-boost-ai-development-fet-price-dips-by-7-10/" target="_blank" rel="noopener noreferrer nofollow">artificial intelligence</a> technology. $100 million will be used by Fetch Compute’s project to improve training resources, computing power, and tools for developers. By granting access to cutting-edge Nvidia GPUs, such as the H200, H100, and A100, the program is poised to transform the field of AI research and give users and developers alike unprecedented computational capacity.</p>
<p><strong>Read Also: <a href="https://coingape.com/ripple-ally-flare-flr-unveils-major-network-milestone/" target="_blank" rel="noopener noreferrer nofollow">Ripple Ally Flare (FLR) Unveils Major Network Milestone</a></strong></p>
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<p>The post <a href="https://coingape.com/fetch-ai-fet-bags-neutral-rating-price-slips-below-broader-market/" rel="noopener noreferrer nofollow">Fetch AI (FET) Bags Neutral Rating, Price Slips Below Broader Market</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.</p>

Fetch AI (FET) Bags Neutral Rating, Price Slips Below Broader Market

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