Fetch AI price prediction: In an explosive move that caught much of the market unaware, FET price surged by 29% yesterday, hitting a high of $1.515 and closing the day at $1.505. The surge in price continues, with the asset hovering around $1.69 at press time. This signifies a 10% increase from yesterday’s high. This upswing in price comes after Nvidia Corporation flipped Microsoft to become the largest company in the world by market cap.
Fetch AI Price Prediction: FET Bulls Look to Add 36% More Gains
FET price experienced a sharp decline on Monday following an announcement from Binance to delist the asset. The ensuing FUD resulted in selling pressure building on the asset, driving the price to a low of $1.104. However, the price of FET began picking up on Wednesday.
The Fetch AI price action is trending below the 50-day level but has just exceeded the 200-day simple moving average (SMA). If the daily candle closes above the 200-day SMA, it may confirm an ongoing bullish trend. FE
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