Ethereum

Artificial Superintelligence Alliance

bullish

Artificial Intelligence

The post <a href="https://coinpedia.org/price-analysis/near-protocol-near-fet-price-rebound-30-surge-incoming/" rel="noopener noreferrer nofollow">Near Protocol (NEAR) &amp; $FET Price Rebound, 30% Surge Incoming?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a>
The price volatility in the crypto market resumes with top tokens recording a significant price movement in their valuations within a short period. Moreover, the altcoin leader, <a href="https://markets.coinpedia.org/ethereum/" target="_blank" rel="noopener noreferrer nofollow">Ethereum price</a> continues trading around its $2.65K mark over the past week.
On the other hand, the AI category has regained momentum and has displayed a constant rise in their respective portfolios over the past few days. With the rising price fluctuations, is this the right time to invest in altcoins?
Let’s take a quick look at the market sentiment, price analysis, and potential short-lived price projections of the top 2 Artificial Intelligence (AI) for this month.
<h2 class="wp-block-heading" id="h-artificial-superintelligence-alliance-fet-price-action">Artificial Superintelligence Alliance (FET) Price Action</h2>
With a jump of 5.34% within the past week, the <a href="https://coinpedia.org/price-prediction/fetch-ai-fet-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Artificial Superintelligence Alliance price</a> has claimed the 32nd position in the global crypto-list with a market capitalization of $2.230 Billion. Further, it has added 2.89% within the past day with a trading volume of $104.49 Million.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXc_yPd21uuggV5ZnSwz1U9gb1761MJpwCqHEbOHbkVQHGyj5fN56Qic2bI64qU_cP7dkrV1IoOEliQXsYJKKxRpKJerryR53K5Nyt3sgc84OkutSxxjWM199c6KtLNrml1tVeLO3sxbp84CDCRFhoIwOrva?key=psMOzikDCXsq3we_8C7yFw" alt="Artificial Superintelligence Alliance (FET) Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: FET/USDT
 </figcaption>
</figure>
The Relative Strength Index (RSI) displays a constant rise in the FET price chart, suggesting a weak price action for the altcoin in the crypto market. Moreover, the average trendline records a flatline, suggesting uncertainty in future price projections.
If the market pushes the FET price above its resistance level of $1.050, the bulls will prepare to test its upper level of $1.650. On the flip side, a bearish reversal could pull the altcoin toward its crucial support level of $0.50 this month.
<h2 class="wp-block-heading" id="h-near-protocol-near-price-action">Near Protocol (NEAR) Price Action</h2>
Amid increased price action in the cryptocurrency space, the <a href="https://coinpedia.org/price-prediction/near-protocol-near-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Near Protocol price</a> has jumped approximately 3% within the past day with a change of +31.85% in its trading volume to $234.83 Million. Despite recording a bearish action over the past weeks, it has a YTD return of over 10%.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXez6zB3JXwy0ZkepBTBibsBFogtiqYmOyjuSM7HC_sTkQTQgnpcoM4UpP6tNXwXBHnhpD15-h_sZTLOcUerJqkEvuCsQrOWtnPM0mGkjD4Wl7HkRP6Ia8Z3XSqbb8RH0yO3hO-Y7q2UfTfVNBa9nW6XdHw-?key=psMOzikDCXsq3we_8C7yFw" alt="Near Protocol (NEAR) Price Analysis">
 <figcaption class="wp-element-caption">
 TradingView: NEAR/USDT
 </figcaption>
</figure>
The technical indicator, MACD has recorded a rising green histogram with its averages showing a positive crossover. This highlights increased bullish sentiment in the market. However, the EMA 50/200-day displays a Death Cross, suggesting a mixed sentiment.
Suppose, the bulls continue trading under a positive influence, in this case, the <a href="https://markets.coinpedia.org/near-protocol/" target="_blank" rel="noopener noreferrer nofollow">NEAR price</a> will head toward its resistance level of $4.925 during the upcoming weeks. Conversely, if the bears regain control, this AI could retest its low of $3.70.

Near Protocol (NEAR) & $FET Price Rebound, 30% Surge Incoming?

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