CandleFocus Fetch.ai Price Nears Key Buy Zone, Potential Upside To $2.00?
2024-11-18
Author: Content Editor
The article discusses the recent upward trend of Fetch.ai (FET) and its potential to reach the $2.00 target. Traders are monitoring FET to determine if it can sustain its support and maintain its bullish momentum. The Money Flow Index indicates there is balanced buying and selling pressure. The technical analysis suggests a significant buy level at $1.20, which could act as a support area for buyers. However, if FET fails to remain above this level, further declines may occur, with the next major support at $1.00. If support remains strong, FET has the potential to reach $2.00, although this level may attract profit-taking as it previously acted as resistance.
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