Fetch.ai Price Prediction: FET Jumps 5% as This World’s First AR/VR Pre-Sale Moves Toward $3 Million | Trending Viral hub

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Fetch.ai price rose 5% in the last 24 hours trading at $3.18 at 00:08 am EST on trading volume that fell 36% to $710 million.

This comes shortly after the project revealed its merger with SingularityNET and Ocean Protocol to form the Superintelligence Alliance (ASI). The goal of this merger is to become the largest decentralized AI project in the world.

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Fetch.ai Price Targets New ATH

Shortly after the merger news, Fetch.ai’s price skyrocketed to a new all-time high (ATH) of $3.45 on March 28, followed by a slight pullback to $3.18.

Fetch.ai Price Chart Analysis Source: Tradingview.com
FETUSD Chart Analysis Source: Tradingview.com

Bullish momentum for FET was reinforced by a double bottom formation around $2.37, which fueled an increase in price within an ascending channel pattern, as investors set their sights on reaching new all-time highs.

FET is trading well above the 200-day SMA, confirming the bullish price outlook. If the bulls maintain the bullish stance, the price will eventually be able to break the 50-day SMA barrier at $3.30, allowing FET to soar to even higher price levels.

Furthermore, the Relative Strength Index (RSI) on the 30-minute period is currently trading lower to oversold levels at 34, showing that the asset is currently oversold. The RSI matches the current downtrend of the ATH price.

Fetch.ai Price Prediction

Fetch.ai price is currently in a downward movement, having fallen 8% from its ATH. However, leading indicators are showing signs of a trend reversal, with FET trading within an ascending channel pattern.

Furthermore, the 50-day SMA is trading above the 200-day SMA, forming a golden cross at $2.49, indicating that FET has the potential for upward movement. The RSI is already trading within oversold levels, which may suggest an upward trend reversal.

FET bulls are targeting a new ATH of over $3.45 to $4.00, which is only a 25% discount to the current price.

However, if the bears continue to put pressure on the price and take profits from the 184% rise in FET seen in the last month, the price may pull back. In such a scenario, the bulls can find support at $2.97, which coincides with the 200-day SMA. This may allow the bulls to catapult the price.

Meanwhile, as FET bulls find better buying positions to skyrocket the price, you may want to consider its alternative, 5thScape, as analysts predict the project may soar 100x on launch.

5SCAPE – A Promising Opportunity for Massive Profits

5th landscape (5LANDSCAPE) is the first crypto AR/VR mixed reality platform, capitalizing on the hype surrounding the launch of Apple Vision Pro. The project aims to disrupt the gaming space by merging blockchain technology and virtual reality (VR).

Its ongoing pre-sale offers an exciting opportunity for you to participate in an innovative new cryptocurrency project. Currently in its third stage, the pre-sale has been able to raise over $2.89 million as it moves towards its goal of $3.75 million.

Additionally, the 5thScape team already has plans to develop a comprehensive VR/AR ecosystem that includes game development, animation, and specialized hardware manufacturing. These efforts will ensure that the project gains maximum market penetration.

Buy $5SCAPE, earn through P2E betting and gaming

You have the opportunity to earn rewards by betting $5SCAPE and also earn passively through 5thScape’s play to earn (P2E) feature. The team is set to create games like MMA Cage Contest, Thrust Hunter, and Archery Master.

According to 99Bitcoins, a crypto YouTube channel, 5thScape has the potential to grow 100x upon launch.

You can buy $5SCAPE tokens now for only $0.00248. With the launch price set at $0.01, investors can lock in 303% gains when $5SCAPE is ready.

If you think $5SCAPE is too good an opportunity to miss, join the pre-sale by exchanging ETH, MATIC, USDT or BNB for 5SCAPE tokens with a digital wallet on the official site. You can also buy directly with a bank card.

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