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The price of Fetch.ai (FET) is currently approaching a crucial support level at $0.743, which could act as a pivotal point for a potential market reversal. With investors keeping a close watch, this key price level holds historical significance that could either lead to a bullish rally or further price declines.
FET prices approaches key $0.743 support level that could act a launchpad for a potential reversal?
While the meme coin sector has witnessed billions vanish into thin air in recent weeks, the artificial intelligence (AI) coin market has experienced its own dramatic downturn, shedding over $15 billion in value since Jan. 16.
Artificial Super Intelligence Alliance (FET), a leading AI cryptocurrency token, has recently seen a significant 62% drop, causing concern in the market. However, the token has now reached a critical support level that could signal the start of a major price reversal.
After a notable price drop in the past few days, Artificial SuperIntelligence Alliance (FET), the world's leading AI crypto token, is poised for an upside move as it has reached a key price reversal level.
Tokens associated with artificial intelligence (AI)-based projects have fallen by 75-90% from their peak values at the beginning of 2024.
The Artificial Superintelligence Alliance (FET) has been grappling with a significant price downturn, dropping 34% recently, which marks its most considerable decline in several months. This sharp correction had been anticipated by technical analysis, validating a three-month-long price pattern that predicted the drop.
The price of Fetch.ai (FET) has recently experienced a sharp decline, dropping over 40% in the past month and another 20% in the last week. This significant downturn follows a broader trend of weakness among artificial intelligence (AI) tokens, which have faced selling pressure as the market sentiment turned increasingly bearish.
Artificial Superintelligence Alliance (FET) has recently experienced a sharp 34% price decline, marking its largest drop in months. This crash validated a three-month-old pattern, which predicted such a correction.
Investors remain skeptical about FET's rally potential due to losses in the past week.
Digital currencies displayed significant gains after yesterday's flash crash, which saw Bitcoin exploring the $91K vicinity. Bulls triggered overnight recoveries after the United States president started delaying tariffs. That shifted sentiments in the financial sector, catalyzing notable bounce-backs for cryptos over the past day.
FET price has been in a steep decline, dropping over 40% in the last 30 days and another 20% in the past week. This sharp correction follows the broader weakness in artificial intelligence tokens, with technical indicators pointing to continued bearish momentum.
After delivering massive returns and causing a storm - is this just the beginning?
The emergence of China's artificial intelligence (AI) model, DeepSeek, has caused turmoil in both the stock and cryptocurrency markets, alongside the technology sector.
Bitcoin (BTC) bounced following comments from Federal Reserve Chair Jerome Powell at the FOMC meeting, signaling that banks could serve crypto customers if they comply with risk disclosure requirements. As a result, the crypto market registered notable gains, with BTC up nearly 3% as it crossed the $105,000 mark.
AI agent tokens are experiencing a resurgence after suffering a $5 billion loss this week due to DeepSeek's sudden popularity.
FET's price was testing a critical $1 support level, with on-chain metrics sparking bearish trends and undervaluation.
Artificial Superintelligence Alliance (FET) has seen a significant drop in value over the past week. As of this writing, the AI Agent token trades at $1.08, its lowest since September 2024.
Artificial Intelligence cryptos are facing significant pressure, with their total market cap dropping 10% in the past 24 hours to $37.4 billion. Four of the top five AI coins have suffered heavy losses, with RENDER and VIRTUAL both down over 13%, and FET and INJ dropping 9% and 11%, respectively.
TL;DR Donald Trump announced a historic $500 billion private investment in artificial intelligence infrastructure and advanced technological development. A joint venture named Stargate will be created, led by OpenAI, SoftBank, and Oracle, with ambitious plans to build 20 data centers. The investment promises to generate 100,000 jobs, transform the U.S.
FET prices have surged 20% since retesting a key support level fueled by surging whale and trading activity.
Against the backdrop of a broader crypto market recovery on Wednesday, AI Coins like FET, RENDER, and TAO have stolen the spotlight by witnessing a considerable pump. Notably, these tokens are surging amid broader AI-related developments such as Donald Trump's ‘Stargate' formation and tech giants injecting massive investments in the industry.
FET profited from the rest of the market's bullishness, but is there more they can do?
AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.
