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    Fetch.ai Price Forecast: FET Leads Gainers with 26%, but Experts Say This Another AI Meme Coin Could Rise 100x

    msmarkBy No Comments5 Mins Read
    Fetch.ai Price

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    Fetch.ai’s price is up 26% in the last 24 hours to trade for $1.6339 as of 02:00 AM EST on trading volume that is up 120%.

    FET was the best-performing major altcoin on June 20, as its rebound left at least one seller in disbelief.

    This comes amid talks about how FET can be used in the real-world assets (RWAs) space. “FET autonomous agents can optimize logistics by analyzing and predicting optimal routes, reducing costs, and improving delivery times,” says The House of Chimera, a research and consulting group specializing in blockchain technology.

    The researcher also points out that the project’s algorithms can analyze large data sets and provide valuable insights.

    The rise in FET price can also be attributed to the upcoming “Super AI Alliance Launch Event,” which will be held on June 29 in Antalya, Turkey.

    Fetch.ai price forecast ahead of ASI launch event

    Fetch.ai price has been consolidating within a bearish or bearish parallel channel since March. This is a bearish pattern that commits the asset in question to further losses as long as it remains within its limits.

    After bottoming at $1.1016 on Tuesday, Fetch.ai price is trying to recover, with two higher declines between Wednesday and Thursday. This pivot saw FET price breakout resistance due to the center line of the channel. However, it is still unclear whether the uptrend will continue.

    Initially, the Relative Strength Index (RSI) is below the 50 intermediate level, which indicates that buyer momentum is still weak. However, its slope towards the north is bullish, indicating increasing buying power. If it turns above the 50 threshold, reinforced by a confirmed buy signal on the Moving Average Convergence Divergence (MACD), Fetch.ai price could extend to the upside.

    A stable close above the $1.8747 barrier would encourage more buy orders, which could set the pace for the escape out of the descending channel. However, for a confirmed move north, the bulls must wait for a stable move above $2.8662. In a very bullish case, gains could send the AI-powered cryptocurrency to the $3.3031 threshold, more than 95% above current levels.

    GeckoTerminal: 1-day FET/USD chart

    On the other hand, if the bears start taking profits early, the price of Fetch.ai could fall. A lower decline compared to Tuesday’s low of $1.1016 would invalidate the bullish outlook.

    Meanwhile, YouTuber The Crypto Mark is drawing attention to another AI project called WienerAI (WAI), a dog-themed meme coin that just crossed the $6 million mark in its ICO.

    He says this project is a good buy and encourages investors to get in while it’s still on the ground floor.

    A promising alternative to Fetch.ai

    WAI is the native cryptocurrency of WienerAI Ecosystem, a lovable, delightful, and undeniably unique creation. It has captured the imagination of meme lovers all over the world.

    WienerAI operates as an ERC-20 token on the Ethereum blockchain, providing users with seamless compatibility with a wide range of decentralized applications and exchanges.

    The project is committed to becoming the best and most powerful AI companion ever. To this end, it has integrated a trading bot into its ecosystem that offers user-friendly, AI-powered trading advice to its holders, with seamless swap functionality and no fees.

    WAI token holders can also stake their holdings for lucrative rewards with an annual percentage yield (APY) of 189%. Over 5.473 billion WAI tokens have already been placed in bets.

    Cryptocurrency analyst and YouTuber Jacob Puri says that WAI has the potential to increase 100-fold after launch.

    WAI tokens are currently selling for $0.00072. If you are planning to buy, do not delay because the price will rise in less than 32 hours.

    Visit and buy WienerAI tokens here.

    Read also:

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    • Play to earn Meme Fusion Coin
    • Staking and in-game token rewards
    • SolidProof – playdoge.io has been audited

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