Loading
Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
The Artificial Superintelligence Alliance price prediction shows that FET has not experienced significant growth over the past few days. Artificial Superintelligence Alliance Prediction Statistics Data: [...]
Artificial Superintelligence Alliance (FET) is experiencing a prolonged bearish trend, pushing its price closer to the critical $0.966 support level. This sustained downward pressure has raised concerns among investors, as the cryptocurrency continues to extend its bearish momentum. The $0.966 resistance mark now serves as a significant point of interest, determining whether FET can reverse its current trajectory or continue its descent. Market participants are closely monitoring these developments, analyzing technical indicators and market sentiment to gauge the potential for a rebound or further decline. This article aims to analyze the extended bearish trend affecting the digital asset and its impact on the cryptocurrency’s price as it approaches the $0.966 resistance level. FET’s price was trading at around $1.30 and was down by 3.10% with a market capitalization of over $3 billion and a trading volume of over $99 million as of the time of writing. There has been a 24-hour decrease of 3.28% and 29.79% in FET’s market capitalization and trading volume respectively. FET Price Under Bearish Pressure Currently, FET on the 4-hour chart is actively bearish trading below the 100-day Simple Moving Average (SMA) and the bearish trend line, dropping toward the crucial $0.966 resistance mark. The 4-hour Composite Trend Oscillator also confirms more bearishness for FET as both the signal line and the SMA of the indicator continue to trend inside the oversold zone. On the 1-day chart, it can be observed that FET is very bearish trading below the 100-day SMA and the trend line. Following a rejection at $1.862, the price of FET has been on an extended bearish move heading toward the $0.966 support level. Lastly, the 1-day composite trend oscillator signals that FET may extend its bearish trend toward the $0.966 support level as the signal line and the SMA are still trending in the oversold zone. Will FET’s Price Breakthrough Or Face A Rejection Conclusively, it can be noted that as the price of FET continues to move toward the $0.966 resistance mark, it may break through its bearishness or face rejection and begin to rise. Therefore, exploring the possible outcomes of the coin, it was discovered that if FETs price reaches the $0.966 support level and breaks below, it may continue to decline to test the $0.459 level and potentially move on to challenge other lower levels if it breaches the $0.459 level. However, if the crypto asset faces rejection at the $0.966 support level, it will begin to ascend toward the $1.862 resistance level. When this level is breached, it may continue to climb to test the $2.564 resistance level and may move on to test other higher levels if it breaches the $2.564 level. Featured image from Medium, chart from Tradingview.com
The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout. Market watchers have predicted short and long-term targets for the token after the Artificial Superintelligence [...]
The post FET Surges 12% Ahead Of ASI Token Merger Phase 2, Can It Hit $5? appeared first on Crypto Breaking News.
The Artificial Superintelligence Alliance (ASI) announced its token merger would be postponed to next month after presenting logistical and technical issues. The alliance was set to merge Fetch.AI (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN) into the ASI token on Thursday. As a result, the three AI tokens faced a 4% drop in the last 24 hours. Related Reading: Crypto Expert Reveals Top 7 AI Tokens For Massive 100x Growth Dont Miss Out! ASI Token Merger Postponed To July In March, Fetch.AI, SingularityNET, and Ocean Protocol, three leading AI blockchain projects, revealed their plan to merge into the ASI token. This move aims to develop a decentralized AI platform to foster technology advancements accessible to a wider audience. On Tuesday, the ASI alliance announced the delay of the token merger from June 13 to July 15, 2024. Per the announcement, the primary reasons for the rescheduling are logistical requirements and technical independencies. It was further explained that the ASI token merger involves managing complex integrations and attention to numerous moving parts. As a result, the delay was a strategic decision to ensure a smooth execution during the process and ensure all stakeholders needs are adequately met. Humayun Sheikh, Fetch.AIs CEO, and ASIs Chairman, reassured the community that the alliances vision remained unchanged despite the delay. This temporary delay does not impact the substantial progress we have made towards creating a decentralized superintelligence network. Our teams are actively working with centralized exchanges to finalize the remaining steps. We appreciate the continued support and patience of our community and stakeholders as we work through these final logistical steps. SingularityNET Foundations CEO, Ben Goertzel, explained that they are working on integrating the three companies’ AI and blockchain technology. Additionally, he stated his excitement for the upcoming milestone: The finalization of the 3-way tokenomic merger on July 15 will be a major milestone, and we anticipate a series of progressively more exciting milestones after that as we leverage our $ASI token-based network to move toward increasingly capable AI systems and in time actual superintelligence. FET, AGIX, And OCEAN Face 8% Drop After the announcement, the three AI tokens saw a negative price impact in the following hours. SingularutyNETs AGIX token saw an 8.9% decline, from trading at $0.7035 to $0.6404 throughout Tuesday. In the early hours of Wednesday, the token recovered some ground from the retrace. AGIX traded at $0.6819, a 3.8% decrease from the day before. Similarly, Ocean Protocols OCEAN had an 8% drop after the news. The tokens price went from trading at $0.7156 to $0.6576 before recovering the $0.68 support level on Wednesday morning. At the time, AGIX faced a 4.4% decline in its price before the announcement of the delay. Meanwhile, FET saw the largest retrace of the three, with a 10.8% drop. The token fell from the $1.66 price range to $1.48. Later, the token recovered above the $1.62 level, a 3.1% decrease from Tuesday morning. Crypto analyst Altcoin Sherpa commented on FETs performance. The price drop was a good reminder that everything comes back down eventually; you just have to be patient. Moreover, Sherpa said the price range may be a good buy, but it was yet TBD if it’s ‘the bottom.’ Related Reading: Dogwifhat To Tumble? Analyst Sets $1 Target For WIF However, the tokens have now recovered from the drop. As of this writing, FET is trading above the $1.7 price range. The surge represents a 6.7% increase in the last hour and a 4.4% recovery from its price 24 hours ago. Similarly, AGIX and OCEAN have seen a 5.7% and 5.5% surge in the last hour. This represents a 3.4% and 3% increase since the ASI token merger delay announcement. Featured Image from Unsplash.com, Chart from TradingView.com
BitMEX has delisted the FETUSD perpetual swap contract, effective June 7, 2024. (Read More)
Excluding Bitcoin, memecoins were the biggest narrative of this cycle. However, Artificial Intelligence (AI) tokens also performed remarkably during the first quarter of 2024. The crypto market recovered over the weekend from the May 1st retrace, with AI tokens showing significant gains. As a result, many industry experts think that the sector is poised for a Round 2 this cycle. Related Reading: Analysts Foresee Altcoins Explosive Rally Incoming, Is The Correction Phase Over? AI Sector Recovers By 8% Crypto analysts highlighted AI tokens alongside memecoins as the hottest topic of 2024, responsible for most of the massive gains during this cycle. According to CoinGeckos report, AI was one of the three sectors that delivered three-digit returns in Q1. Moreover, the largest AI token by market capitalization, Fetch.ai (FET), saw gains of 378.3% during this period. As a result, some analysts deem the AI sector to be the next main narrative of the cycle. Trader John Walsh, known as CryptoGodJohn, considers The future of AI coins preparing round 2. Walsh added that the AI season is extremely obvious and will go so much higher based on the developments in the sectors, including Nvidia earnings, Apple AI, and Microsofts $100 billion AI fund. To this, crypto analyst MacroCRG replied that a massive AI growth will be obvious in hindsight, considering that the sectors market capitalization is just $27.3 billion. AI mcap still just $27B It will be obvious in hindsight https://t.co/HH0Tb86fNY pic.twitter.com/71qgdwdM1C — CRG (@MacroCRG) May 6, 2024 According to a MacroCRG post, the AI market cap had increased 8% by Monday morning, and its daily trading volume was around $1.9 billion. On Tuesday, the market cap surged to $27.8 billion, a 2.3% increase from 24 hours ago. In comparison, memecoins $54.4 billion market cap doubles AIs. However, its market cap decreased by 2.8% in the last day, with the top ten memecoins showing red numbers in the past 24 hours. Is Artificial Intelligence About To Bloom Or Ruin the World? Despite the remarkable performance, some figures think the sector has a more pessimistic future. According to memecoin trader Murad, the developments in the industry will be replacing more & more jobs every year. As a result, there will be an increase in Anxieties and desperate attempts to make it. To the trader, the industry will serve as a push for the memecoins sector, as Growing AI capabilities will be one of the big forces accelerating the Memecoin Bubble. Financial giant Warren Buffett shared a more skeptical view on Saturday. The Co-founder and CEO of Berkshire Hathaway revealed he is not sold yet by artificial intelligence. To the CEO: We let a genie out of the bottle when we developed nuclear weapons. AI is somewhat similar its part way out of the bottle. Despite this, Buffet recognized the potential for AI technology to change the world positively. On The Brink Of A Millionaire Boom The AI industry is on the brink of a multi-trillion-dollar boom, stated Alex Wacy. The analyst believes the reasons behind this are the vast and diverse potential of applications. Moreover, the expert highlights that interest in the sector has steadily increased over the last year. A crypto and AI combination could potentially create a market valued in the trillions. According to the post, the market is projected to reach nearly $2 trillion by 2030, which suggests that the crypto industry should not overlook it. Tokens like RNDR showed a remarkable performance over the past week, with the price soaring by 45%. RNDR regained the $10 support zone this week after struggling to retest it over the last month. In the past 24 hours, the tokens price surged 6.4%, and its daily trading volume increased by 16.8%, with over $455 million being traded. FET is a top performing AI coin headed into the Nvidia earnings, as stated by John Walsh. The trader forecast that the token is looking for a next leg higher up after successfully retesting the $2.35 resistance level. $FET break retest now looking for next leg up higher FET will be a top performing AI coin headed into the nvidia earnings pic.twitter.com/Agl0eqB9mD — Johnny (@CryptoGodJohn) May 6, 2024 FET broke above this level over the weekend, rising to $2.5 on Monday and remaining above the $2.40 support zone since. At writing time, the token is trading at $2.42, representing a 2.4% increase in the last 24 hours and a $22.9% surge in the past week. Related Reading: Crypto Analyst Reveals 6 Must-Buy Altcoins With The Most Potential FET's performance in the weekly chart. Source: FETUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
The Fetch.ai price prediction shows that FET couldn’t fetch any significant growth above the moving averages. Cryptocurrency Intelligence: Fetch.ai Facing Downturn! In the ever-changing landscape [...]
Today, Fetch.AI (FET) is once again emerging as a stand-out performer. The price of FET has surged by an impressive 21% in the past 24 hours, rising to $1.63. Currently, this substantial uptick is positioning Fetch.AI as the top performer among the top 100 cryptocurrencies by market capitalization. Fetch.AI is benefiting from the AI hype in the tech sphere. As AI continues to make headlines, projects that are seen as contributing to this future, like Fetch.AI, naturally attract attention and investment, riding the wave of AI hype to gain visibility and financial support in the crypto sphere. The project aims to leverage AI to enable smarter, more efficient blockchain networks and applications, appealing to both investors and developers interested in cutting-edge technology. Furthermore, the broader market trends show a growing appetite for investments in technologies that promise to shape the future. Fetch.AI Price Analysis: FET/USD When examining the weekly FET/USD chart, it is evident that the momentum for the AI coin is strong. Earlier this week, FET broke its previous all-time high of $1.19. Notably, this puts Fetch.AI in an elite group of very few cryptocurrencies that have already surpassed their previous all-time high. The chart shows a well-formed ‘Bull Flag’ pattern, a bullish continuation pattern, which has developed over the past weeks. This pattern is characterized by an initial strong upward movement in price, followed by a downward sloping consolidation phase, and then typically results in a breakout to the upside. Related Reading: Fetch.AI (FET) Prints Strong Bullish Signal, Targets 500% Spike The flag pole formed from mid-October till mid-December 2023. During the consolidation phase, the FET price fell towards the 20-week EMA (red line), but was always able to hold it on a weekly basis. The breakout from the flag occurred on February 12. Based on the bull flag poll, the projected target is a 290% increase from the flag’s bottom, which would place FET at around $2.00. Notably, this closely aligns with the 1.618 Fibonacci extension level at approximately $1.90. Another bullish argument are the volume bars, denoting trading volume. This has shown a substantial increase coinciding with the price surge, suggesting strong buyer interest. Related Reading: Fetch AI Breakout Confirmed: Analysts Reveal Bullish Targets For FET Price Moreover, the Relative Strength Index (RSI), a momentum oscillator that measures the speed and change of price movements, is currently at 72.5. While this puts the FET price slightly in the overbought territory (typically considered to be above 70), it is typical for the crypto market to overheat during a raging bull market. This suggests that there might still be room for upward movement before the market considers FET overbought. FET/BTC On The Weekly Chart In the competitive arena of cryptocurrency pairings, Fetch.AI’s token has shown a remarkable performance against Bitcoin (BTC) on the weekly chart. The FET/BTC pair exhibits a notable increase of 47% in the current week. Notably, the price action has reached a pivotal point, prompting the question: Is a phase of consolidation on the horizon or is Fetch.AI on the cusp of a massive breakout? FET/BTC is currently at 0.00002705 and thus slightly above the major resistance at 0.00002697. However, a weekly close above this threshold needs to confirm the trend. A weekly close above this threshold could open the door for a 400% rally against BTC. In a bearish scenario, FET could be consolidating in the range between 0.00002650 and 0.00002014 before making the next major move. Featured image from Binance, chart from TradingView.com
Like a strong cup of highly-caffeinated coffee or the sound of a rooster crowing at the crack of dawn, some things have the potential to be a real eye-opener. When it comes to altcoins, crypto investors could get a wake up alarm they won’t be able to ignore. Keep reading to learn all about the [...]
The post GM: How A Morning Star Pattern Could Awaken Altcoins appeared first on Crypto Breaking News.
The Fetch.ai price prediction shows that FET spikes above the 9-day and 21-day moving averages to touch the $0.47 high. Fetch.ai (FET) Prediction Statistics Data: [...]
The Fetch.ai price prediction shows that FET could spike a significant surge if the price breaks above the upper boundary of the channel. Fetch.ai Prediction [...]
The Fetch.ai price prediction shows that FET is currently changing hands at $0.276 as the technical indicator moves within the overbought zone. Fetch.ai Prediction Statistics [...]
During the European session today, the Fetch.ai price prediction begins a progressive movement as the price increases slightly. Fetch.ai Prediction Statistics Data: Fetch.ai price now [...]
The Fetch.ai price prediction shows that FET is rising with a gain of 9.52% as the market price rises above the $0.115 level. Fetch.ai Prediction [...]
The Fetch.ai price prediction shows that FET could spike a significant surge as the price breaks above the resistance level of $3500. Fetch.ai Prediction Statistics [...]
The Fetch.ai price prediction shows that FET may climb above the 9-day moving average to hit the resistance level of $0.100. Fetch.ai Prediction Statistics Data: [...]
The Fetch.ai price prediction shows that FET is moving with an uptrend, and the traders could expect an early arrival of a price rally. Fetch.ai [...]
The Fetch.AI price prediction shows that FET is breaking above the $0.10 barrier as eyes are glued on $0.15. Fetch.AI Prediction Statistics Data: Fetch.AI price [...]
Bullish momentum is increasing Fetch.ai Price Analysis – 09 December In case the support level of $0.09 holds, buyers may push the price to break [...]
Fetch.ai is making bullish progress with the price. After succeeding in beating the major resistance level (which is $0.0687) in the last session, the bulls [...]
World Crypto Global opens the door to digital freedom for everyone.
Manage your free WCG Coins securely—where simplicity meets global accessibility.
FREE CRYPTO COINS
AVAILABLE FOR RESERVATION
ALREADY ALLOCATED
No fees. No catch. Your crypto journey starts here.
World Crypto Global
