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    Home » Price Prediction » FET Price Prediction: Cumulative transparency increases by 36%, mooning forward
    FET Price Prediction Cumulative transparency increases by 36%, mooning forward
    Price Prediction

    FET Price Prediction: Cumulative transparency increases by 36%, mooning forward

    Scott DawsonBy Scott DawsonJune 26, 2024Updated:June 26, 2024No Comments3 Mins Read
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    This, together with the possible merging of Fetch AI, Ocean Protocol, and SingularityNET, has given much hope to the Crypto.com exchange’s current support statement.

    Indeed, Fetch AI continues to play a crucial role in driving the adoption of advanced Artificial Intelligence in Cryptocurrency, and this is even underscored by the performance of the FET coin over the last year.

    This is a clear indication that crypto AI is firmly entrenched in the market, given that its use recently expanded by 32%.

    While still in its early stages, Fetch AI sets itself apart by being an open-source architecture designed as an ML network with a crypto economy.

    The protocol developers are interested in decentralizing AI technology through an open-sourced, permission-less platform, providing everybody with access to safe data. It is an autonomous AI that is supposed to perform activities that utilize its worldwide network of data.

    Crypto.com has Announced new support for the FET, OCEAN, and AGIX merger to expand their Collaboration.

    The merger involved Superintelligence of Fetch AI, Ocean Protocol, and SingularityNET with Crypto.com With this support, ‘com’ aims to transform the AI crypto sector by harmonizing and optimizing potential like none before it has done.

    Ocean Protocol merging with SingularityNET to create the Fetch AI company represents a major shift in the industry that can result in the mass removal of OCEAN and AGIX tokens from the existing exchanges.

    🚨 https://t.co/vCNztATSCO will be supporting the https://t.co/8r8wKuWsQ2 (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) token merge

    ℹ️ The merger will combine $AGIX and $OCEAN into $FET

    🖥️ Also, https://t.co/8r8wKuWsQ2 will be renamed to Artificial Superintelligence… pic.twitter.com/kkFWA5qoAP

    — Crypto.com (@cryptocom) June 22, 2024

    Fetch AI Price Prediction: FET is ready for a 36% boost!

    During bios, developers of Fetch AI expect a major uplift this week, having a chance at increasing by 36% from the $1 resistance mark. $1.7, such as the inverse head and shoulders (H&S) pattern.

    Source: Tradingview

    Undefined Moving beyond the $1.7 hurdle, the trader is quite willing to go along with Fetch AI and anticipates that the price will be headed toward $2.34 undefined

    Since the Relative Strength Index momentum (RSI) has recently entered the overbought area, the FET might continue its increase in price if RSI remains above 70 and moves towards 100.

    With the support of EMA in the bullish trend, the key indicators include the 200-day EMA at $1.75. It appears that Fetch AI (FET) is set to hold up its bullish trend, taking a halt to likely pullback.

    Based on the trend analysis, Fetch AI has a bullish momentum indicated by the 20-day EMA crossing the 50-day EMA and the $1.6 zone is ready to protect against some sorts of speculative attempts.

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    Scott Dawson
    • Website

    Scott, a Scottish financial expert based in Glasgow, specializes in wealth management and equity investing. He writes full-time for various financial websites, including Btcpronews, and offers startup consulting to small businesses seeking funding. With a Bachelor’s degree in Finance from the University of Strathclyde and a Master’s degree in Investment Fund Management from the University of Glasgow, Scott possesses extensive knowledge in investing. He has authored two theses on mutual funds and the UK market.

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