Fetch.ai Price Prediction: Bulls Attempting to Move Above Channel!

• Fetch.ai price prediction is currently showing a slight upward movement, with the coin currently trading around the $0.147 level.
• FET/USD bulls have been attempting to move above the upper boundary of the channel and the $0.13 support level is the critical support.
• If the bulls can defend the support level, the price may continue its upward movement and hit the potential resistance levels of $0.22, $0.24, and $0.26.

Today, the Fetch.ai price prediction is showing a slight upward movement, with the coin currently trading around the $0.147 level. During the European session, the bulls have been attempting to move above the upper boundary of the channel. This has caused the price to touch the daily high of $0.172.

The $0.13 support level is the critical support for FET/USD and the price has previously touched this level before making an upward movement. This makes the support level a strong support zone. Thus, if the bulls can defend this support level, the Fetch.ai price may continue its upward movement and hit the potential resistance levels of $0.22, $0.24, and $0.26.

However, the current prediction may be invalidated if the bears break below the lower boundary of the channel. This could indicate a further bearish movement and the coin may fall to the support levels of $0.09, $0.07, and $0.05. Investors should be mindful of the market conditions and keep an eye on the price fluctuations in order to make informed decisions.

In addition, Fetch.ai’s market capitalization is currently standing at $95.4 million and the circulating supply is 818.9 million FET. The total supply of the coin is 1.1 billion FET and it is currently ranked #170 on Coinmarketcap.

Overall, the Fetch.ai price prediction is showing signs of a slight upward movement. If the bulls can defend the support level, the price may continue its upward movement and hit the potential resistance levels. On the other hand, if the bears break below the lower boundary of the channel, the coin may experience further bearish movement. Investors should be mindful of the market conditions and keep an eye on the price fluctuations in order to make informed decisions.