FetchAi (FET), one of the well-known cryptocurrencies of the artificial intelligence field, increased by nearly 20 percent despite the decline in the overall market.
FET, one of the first projects that comes to mind when artificial intelligence is mentioned, came to the fore with its sharp increase in response to the retreat in the market. The popular artificial intelligence coin, which showed a performance of nearly 20 percent in a short time, gave confidence in both its parity and its technology.
The fact that it rose at a significant rate, even against the negative state of the market, seems to keep FET at the forefront for a while. The popular coin, which is also at the top of the “Top Rising” list, also attracts attention with its technical side.
So, which levels are important to monitor for FET? What kind of price movement can we watch?
Crypto investor revealed his trust in artificial intelligence!
While many trends such as Metaverse, GameFi, SoFi and NFT come and go, artificial intelligence does the opposite. The sector, which has been showing its strength globally for months, has gained a serious place, especially on the crypto currencies side. While this situation is observed in the rise of the relevant cryptocurrencies, it also manifests itself in its solid stance in the downtrends.
As of the writing of the news, the artificial intelligence coin, which found buyers at $ 0.5883, will want to target $ 0.6448 – 0.6803 and $ 0.7322, respectively, as long as it closes above $ 0.6093. BTC staying below $40,000 or sharp increases in BTC dominance will naturally pull the FET price to lower levels. In such a scenario, 0.5794 – 0.5632 – 0.5486 – 0.5348 – 0.5172 – 0.4873 – 0.4771 and 0.4597 dollar levels can be followed as support levels, respectively.
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