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FET / UST

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FETUSDT with possible uptrendHello, traders! With election leaning heavily towards Trump, BTC on its new ATH, and possible rate cut this Thursday, we see crypto market on a bull run. In FETUSDT chart, we also FET breaking through the resistance line of the 7 months downtrend. FET(Fetch.AI now known as Artificial Superintelligence Alliance) has been in a constant downtrend since March with ATH being 3.4917USDT on 28th. We see the price respecting this months old resistance line except it decided not to today. This is due to a big excitement around the estimated election results. I was waiting for the breakout but it came earlier than I expected. If we confirm the breakout, we might see a new trend for FET, just like DOGE last month:
Long
by QJEEE
Fetch.ai, SingularityNet, and Ocean Protocol Merge to Form $ASIThe world of decentralized artificial intelligence (AI) is witnessing a historic transformation as Fetch.ai, SingularityNet, and Ocean Protocol announce their strategic collaboration. This merger will consolidate all three influential tokens — NYSE:FET , NASDAQ:AGIX , and MIL:OCEAN — into a unified asset: the Artificial Superintelligence ( CSELK:ASI ) token. This bold move aims to position CSELK:ASI among the top 20 largest cryptocurrencies by market capitalization, with an estimated combined value of $7.5 billion. CSELK:ASI Token Merger Gains Approval The Artificial Superintelligence Alliance has confirmed community approval for this monumental merger. Following a robust voting process involving the communities of Fetch.ai and SingularityNET, the merger received an overwhelming endorsement. The project has now been rebranded as the Artificial Superintelligence Alliance, a groundbreaking entity poised to drive advancements in AI research and commercialization. According to the Alliance, this integration will accelerate funding into Artificial General Intelligence (AGI) initiatives, facilitating the widespread accessibility of AI technologies and resources. The goal is to democratize AI, challenging the dominance of Big Tech and empowering decentralized ecosystems. Dr. Ben Goertzel, Founder and CEO of SingularityNET, emphasized, “The merger represents a significant step toward democratizing AI development. By combining resources and aligning visions, we can make cutting-edge AI innovations accessible to a global audience and foster a fair, inclusive AI economy.” The Impact on AI and Decentralization The newly formed Artificial Superintelligence Alliance will be a formidable player in AI development and utilization. By merging expertise from Fetch.ai, SingularityNet, and Ocean Protocol, the Alliance will focus on creating innovative decentralized AI applications, optimizing DeFi services, and developing autonomous machine learning solutions. The collaboration also comes in response to the growing demand for decentralized AI platforms that prioritize privacy, data security, and equitable distribution of value. By offering robust AI-driven services, the Alliance aims to disrupt traditional AI monopolies held by tech giants. Technical Analysis of NYSE:FET From a technical standpoint, NYSE:FET is exhibiting a bullish breakout from a falling wedge pattern, signaling potential upward momentum. Currently, the token faced rejection near the critical resistance level of $1.80, aligning with the 200-day moving average. However, there are promising opportunities ahead for swing traders. A pullback to the $1.10 support level could present a compelling entry point, with a +30% upside potential to $1.50. The Relative Strength Index (RSI) stands at 49, suggesting a buildup of momentum that could soon push NYSE:FET through the wedge resistance and catalyze a strong bullish trend. What Is Fetch.ai (FET)? Fetch.ai, founded in 2017 and launched via Initial Exchange Offering (IEO) on Binance in 2019, is an AI laboratory that seeks to build an open, permissionless, and decentralized machine learning network. The Fetch.ai platform enables the use of autonomous AI agents to execute complex tasks using secure datasets, making AI technology accessible to everyone. Its use cases include optimizing decentralized finance (DeFi) trading services, managing transportation networks, developing smart energy grids, and enhancing travel operations. Fetch.ai’s innovative approach aims to integrate AI into various industries, offering real-world solutions that leverage global networks of data and autonomous agents. By democratizing access to AI, Fetch.ai empowers users to harness sophisticated machine learning capabilities without needing centralized intermediaries. Live Market Data and Performance As of today, the Artificial Superintelligence Alliance is trading at $1.25, boasting a 24-hour trading volume of $155,861,109 and a market capitalization of $3,029,990,829. The token has surged by 10.59% in the last 24 hours, reflecting the excitement surrounding this merger. The Alliance ranks #27 on CoinMarketCap, with a circulating supply of 2.43 billion FET tokens and a maximum supply nearing 2.72 billion. A Pivotal Moment for AI and Blockchain The merger between Fetch.ai, SingularityNet, and Ocean Protocol is more than just a token consolidation; it represents a paradigm shift in the AI and blockchain landscapes. By joining forces, these projects are set to reshape the future of AI, promoting decentralized innovation and providing scalable, accessible AI solutions. As the world increasingly embraces decentralized finance and AI-driven platforms, the Artificial Superintelligence Alliance stands at the forefront, prepared to lead the charge. Investors and technology enthusiasts alike will be keenly observing the developments of CSELK:ASI as it gears up to make its mark in the global crypto ecosystem.
Long
by DEXWireNews
Fetch.AI (FET) repeats fractal from the past bull cycle 💡 I’m not thrilled about the FET wave structure as the two corrections that have accompanied this bull cycle are sharp. But it's hard not to notice the striking similarities between the current bull rally and the past one. If there is an altseason, then the target for the token will be the zone of 3.3 - 8.7 dollars per coin. Now we’re at a good point for selecting an asset. Shaka 🤙 BINANCE:FETUSDT BYBIT:FETUSDT COINBASE:FETUSD
Long
by shakatrade1_618
#Fet 3DNYSE:FET 3D; Fet, which continued its decline along the red downtrend, revisited the August’s IMB level. On the one hand, it continues to hold in the region, on the other hand, it continues to move towards the trend squeeze. With a close above $1,741, it will start an uptrend. It should be noted that it may retreat to retest the new IMB level that it will create after a close above this level. Therefore, for short-term holders, this level can be considered for profit-taking. #Fet #Fetch
Long
by ugurtash
Artificial Superintellifence: Sell High, Buy Low (Sell!)This will be a major crash. FETUSDT (Artificial Superintelligence) has been strongly bearish since March, but this isn't enough, according to this chart. Notice the descending trendline and how it has been working perfectly as resistance; perfect symmetry. So far six consecutive weeks of bearish action after a small bounce. These six weeks are a form of consolidation because while prices are moving lower no new major lows have been established, no new support levels have been tested. Six weeks is a long time in crypto terms. This consolidation gives strength to the move that follows. The chart being 100% bearish, the next move is likely to be very, very strong. This pair/project grew more than 6,500% since November 2022, it is only natural to expect a major flush before the next bull-market. Traders have to take profits. Whales have to take profits or else, what is the sense in trading? Buy low to sell high. People were buying when prices were low. People are selling now that prices are still high. When prices become low again, the last month of 2024, we will have a new buying period and this will anticipate the next bull-market, it will be fun. Stay safe, stay out. Sell high, buy low. Thanks a lot for your continued support. Namaste.
Short
by MasterAnanda
2
FET Solid Long Entry & TargetA few untested KEY levels below would be a nice place to enter a long trade if we get the reaction we are looking for. The target would be the Value Area High & other untested KEY levels above. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
by Navitility
2
FET Ready For a Brake Out?Crypto has been trading sideways for months. We have seen some significant retraces with plenty of upside available without even braking previous highs. This is a daily chart and looking at the time aspect of our gann box there is near perfect proportions with each pull back and now reaching the end of the projected cycle. Looking at the wave trend oscillator we can also it has rotated to the down side and approaching the time range to rotate back to the upside. Current Trading Plan is to target the $2.50-$3.00. This is a conservative short term target with oppertunity for much higher highs. Trade Well.... Your Friend, Degen
Long
by Degen-Dynasty
FET LOOKING NEW HIGHS - FET LONG OPPURTUNITY FET is the leading AI coin in the altcoin market, with strong fundamental momentum. This momentum could increase as AI stocks (like NVIDIA, AVGO, etc.) start reaching new highs. Technical Analysis: The price is coming from the monthly demand zone, where it faced strong rejection and created a bullish weekly structure. The weekly demand also supported recent bullish momentum. Currently, we are inside the daily demand zone and below the equilibrium of the weekly swing, indicating that the price is at a discount. I’ll be targeting the purple line once we break and close above the green trendline, which has been holding the lower time-frame bearish structure over the past few days.
Long
by UA_CAPITAL
FET COIN SWING LONG OPPORTUNITY - AI CRYPTO MARKETAI technology is booming alongside the semiconductor industry, as we saw with massive new all-time highs yesterday (17/10/24). I believe the AI sector within the crypto market will quickly benefit from this trend. FET recently broke its diagonal structure and is currently sitting within the weekly demand zone. I believe we are ready for a takeoff, aiming for a swing trade that could bring us to new all-time highs. Both the daily and weekly demand zones are currently supporting the price. I received LTF (lower time frame) confirmations and have bought a spot position as well as opened a swing long position.
Long
by UA_CAPITAL