Rally

AI Crypto

Artificial Superintelligence Alliance

<ul> 
 <li>Fetch.ai, Ocean Protocol, and SingularityNET finalize the Artificial Superintelligence Alliance (ASI) merger.</li> 
 <li>The merger creates a decentralized alternative to Big Tech-dominated AI projects.</li> 
 <li>FET, currently at $1.59, could rally toward the $1.92 – $2.46 zone after bouncing from key support.</li> 
</ul> 
<p>According to the post below, <a href="https://cryptonewsland.com/singularitynet-agix-and-fetch-ai-fet-seek-room-for-higher-gains-but-investors-target-higher-profit-margin-on-algotech-algt-presale/">Fetch.</a><a href="https://cryptonewsland.com/singularitynet-agix-and-fetch-ai-fet-seek-room-for-higher-gains-but-investors-target-higher-profit-margin-on-algotech-algt-presale/" target="_blank" rel="noreferrer noopener">ai’s</a><a href="https://cryptonewsland.com/singularitynet-agix-and-fetch-ai-fet-seek-room-for-higher-gains-but-investors-target-higher-profit-margin-on-algotech-algt-presale/"> (FET)</a> current performance signals a huge potential for significant growth. The recent 28% surge positions FET as a top gainer in the crypto market, and the buzz surrounding it is palpable.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$FET</a> is looking to get back to the $1.95 – $2.55 range.<br><br>After surging 600% in 6 weeks, it took quite a hit during the correction. The good news is, this was undiscovered territory (no strong support levels yet) and has now established some new levels.<br><br>It bounced nicely off… <a href="https://t.co/HoX7ZhtCd4">pic.twitter.com/HoX7ZhtCd4</a></p>— Quinten | 048.eth (@QuintenFrancois) <a href="https://twitter.com/QuintenFrancois/status/1804094208111718415?ref_src=twsrc%5Etfw">June 21, 2024</a>
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</figure> 
<h2 class="wp-block-heading" id="h-the-merger-buzz">The Merger Buzz</h2> 
<p>Analysts suggest that this sudden surge lies in the upcoming merger. FET is set to join forces with other AI tokens to form the <a href="https://twitter.com/asi_alliance">Artificial Superintelligence </a><a href="https://twitter.com/asi_alliance" target="_blank" rel="noreferrer noopener nofollow">Alliance</a> (ASI).&nbsp;</p> 
<p>The ASI merger combines FET with Ocean Protocol (OCEAN) and SingularityNET (AGIX), creating a powerful coalition in the AI crypto sphere. Also, recent advancements in <a href="https://cloud.google.com/learn/what-is-artificial-intelligence">AI </a><a href="https://cloud.google.com/learn/what-is-artificial-intelligence" target="_blank" rel="noreferrer noopener nofollow">technology</a> by industry giants like Elon Musk’s xAI and Nvidia have had a positive ripple effect on AI-driven cryptocurrencies. Fetch.ai, being at the forefront of this trend, has reaped the benefits.</p> 
<h2 class="wp-block-heading" id="h-the-technical-picture">The Technical Picture</h2> 
<p>FET’s price currently hovers around $1.95, just below the critical support level of $1.96. This support has been tested multiple times and remains unbroken. Historically, significant gains have followed a bounce back from this level. If FET successfully breaches the $2.26 barrier, we could see a rally towards $2.46—a potential 25% increase.</p> 
<p>While market sentiment is bullish, technical indicators paint a different picture. FET’s Relative Strength Index (RSI) on the 4-hour chart has reached 75, indicating overbought conditions. This suggests that investors might start taking profits, potentially leading to a price correction.</p> 
<p>Additionally, some traders on <a href="https://cryptonewsland.com/binance-reaches-200-million-user-milestone-amid-rising-web3-adoption/">major </a><a href="https://cryptonewsland.com/binance-reaches-200-million-user-milestone-amid-rising-web3-adoption/" target="_blank" rel="noreferrer noopener">exchanges</a><a href="https://cryptonewsland.com/binance-reaches-200-million-user-milestone-amid-rising-web3-adoption/"> like Binance</a> remain skeptical about FET’s long-term potential. Additionally, a recent warning about the delisting of the FET/USDT trading pair on Binance caused temporary volatility.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also&nbsp;</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/onlyfans-says-its-users-can-mint-nft-profile-pictures-on-ethereum/">OnlyFans Says Its Users Can Mint NFT Profile Pictures on Ethereum</a></li>
 <li><a href="https://cryptonewsland.com/fetch-ai-price-prediction-will-fet-hit-100-by-2030/">Fetch.ai Price Prediction: Will FET Hit $100 by 2030?</a></li>
 <li><a href="https://cryptonewsland.com/viacom-international-is-bringing-tmnt-to-web3/">Viacom International Is Bringing TMNT to Web3</a></li>
 <li><a href="https://cryptonewsland.com/singularitynet-agix-and-fetch-ai-fet-seek-room-for-higher-gains-but-investors-target-higher-profit-margin-on-algotech-algt-presale/">SingularityNET (AGIX) And Fetch.ai (FET) Seek Room For Higher Gains, But Investors Target Higher Profit Margin On Algotech (ALGT) Presale</a></li>
 <li><a href="https://cryptonewsland.com/what-does-the-monumental-asi-merge-mean-for-ocean-fet-and-agix/">What Does the Monumental ASI Merge Mean for OCEAN, FET, and AGIX?</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/fet-ai-crypto-altcoin-surges-ahead-of-merger-can-fetch-ai-rally-to-the-1-95-2-55-range/">FET AI Crypto Altcoin Surges Ahead Of Merger: Can Fetch.ai Rally to the $1.95 – $2.55 Range?</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

FET AI Crypto Altcoin Surges Ahead Of Merger: Can Fetch.ai Rally to the $1.95 – $2.55 Range?

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Crypto News Land

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