Artificial Superintelligence Alliance

Bitcoin

Kamala Harris

Coin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-experiences-volatility-and-fet-coin-shows-potential/" data-wpel-link="internal">Bitcoin Price Experiences Volatility and FET Coin Shows Potential</a><br></p>
<p style="text-align: justify"><strong><a href="https://en.coin-turk.com/bitcoin-network-transaction-fees-surge-by-35-times-in-2023/" data-wpel-link="internal">Bitcoin</a> price</strong> rapidly approached $67,000 but lost nearly $700 as the article was prepared. The fluctuation continues, and the price that rose with the US market opening has now reversed. However, it’s not the end of everything. Short-term price movements may cause <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">investors</a> to disregard the long-term trajectory.</p> 
<h2 style="text-align: justify" id="why-fet-coin-rose">Why FET Coin Rose</h2> 
<p style="text-align: justify">Despite BTC price fluctuations, some altcoins are showing positive divergence, especially in the mid-term. FET Coin, which has joined forces with two other major <a href="https://newslinker.co/can-artificial-intelligence-achieve-consciousness/" target="_blank" rel="noopener" data-wpel-link="exclude">AI</a> tokens, is a good example. Now known as the Artificial Superintelligence Alliance (ASI), FET Coin completed its first major step towards the merger on July 22. FET, OCEAN, and AGIX will now continue as ASI Coin. It is certain that the completed first phase did not bring a stable rise.</p> 
<p style="text-align: justify">As the second phase approaches, the short-term negative fluctuation is likely to reverse. Especially in the coming days, with continued net inflows on the ETH ETF front, the risk appetite in altcoins is expected to gradually recover. With the start of MTGOX refunds, those who met the conditions received their refunds quickly. However, there are those who did not follow the process for 10 years, did not meet the conditions, or even passed away. So, we can say that we are already going through the major shock sales of the refunds.</p> 
<p style="text-align: justify">On the other hand, on Saturday, Trump and possibly Kamala Harris (likely to be confirmed today) will speak at the Bitcoin conference. It will be exciting to see what promises and nice words politicians will use to gain votes from crypto investors at this event.</p> 
<h2 style="text-align: justify" id="fet-coin-price-prediction">FET Coin Price Prediction</h2> 
<p style="text-align: justify">As the second phase, which will signify the completion of the merger, approaches, a recovery in overall market sentiment is expected. So, what are the predictions for FET Coin, now named ASI, in this scenario?</p> 
<p style="text-align: justify">In the short term, Stoch RSI indicates that weakness may continue as the article was prepared. The strong support at $1.11 will be the key point for FET Coin investors to watch. If the bulls can stay above $1.27, a bounce may be seen from there. Then, the general resistance at $1.55 will need to be targeted. The short-term rise target is $1.69.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-373521 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/07/FET-Coin-Grafik.png" alt="" width="1602" height="852"></p> 
<p style="text-align: justify">There was significant pricing before the first phase, and the overall market sentiment undermined many good news, including this one. However, the expected overall market recovery coinciding with the second phase could turn things around this time.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/bitcoin-price-experiences-volatility-and-fet-coin-shows-potential/" data-wpel-link="internal">Bitcoin Price Experiences Volatility and FET Coin Shows Potential</a></h5>
<p>The post <a href="https://en.coin-turk.com/bitcoin-price-experiences-volatility-and-fet-coin-shows-potential/" data-wpel-link="internal">Bitcoin Price Experiences Volatility and FET Coin Shows Potential</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal">COINTURK NEWS</a>.</p>

Bitcoin Price Experiences Volatility and FET Coin Shows Potential

Innehållsförteckning

COINTURK NEWS

Andra artiklar publicerade 24 juli 2024

What is Shentu (CTK) Coin?

Mt. Gox Payments Impact Crypto Prices

This New Ethereum-Based Token Is Set To Trump Render (RNDR) and Mantle (MNT) For Gains This Year

MEW Coin Gains Significant Attention in Crypto Market

Caldera Secures $15M Series A Funding Round to Build the Metalayer, the Largest Rollup Ecosystem ...

Market Reactions Affect Bitcoin and Ethereum Prices

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!