1
Fetch.ai crypto price is up over 1.25% in Intraday and currently trades at $0.586.
2
The FET crypto price slumped below the 50-day EMA, showing weakness over the charts.
The Fetch.ai crypto price continued to drift lower on the fifth consecutive day and is going to start the week in the red. The daily chart shows the dominance of bears in the recent sessions, which has pushed the buyers on the back foot.
Moreover, the daily chart shows that the FET crypto is now hovering below the 50-day EMA, signifying weakness and lack of buying volume over the charts. The crypto has erased nearly 15% in the last five sessions and has currently dropped near the monthly low.
At the time of writing, the FET crypto price hovers near $0.586 with a negative development of 1.25%. The crypto has a total market cap of $489.189 Million and ranks 111th in the overall crypto market. At press time, the 24-hour volume was 32.427 Million with a slight drop of 0.94%.
Source:
We współpracy z: https://www.thecoinrepublic.com/2024/01/22/fet-crypto-stuck-in-sideways-trend-breakout-or-breakdown-ahead/