Fetch.ai Price Soars 24% As NVIDIA Stocks Take A Tumble And This AI Crypto Closes In On $6.7 Million

The
Fetch.ai
price
surged
24%
in
the
last
24
hours
to
trade
at

$1.67
as
of
4.15
a.m.
EST
on
trading
volume
that
skyrocketed
190%
to
$324.9
million.

The
project,
which
allows
users
to
build,
deploy,
and
monetize
AI
services
using
its
technology,
saw
its
token
price
skyrocket
around
the
same
time
as
NVIDIA
stocks
saw
another
dip,
dropping
by
almost
7%
in
the
last
24
hours.

Currently,
NVIDIA
Corp
stocks
trade
at
$118.11
apiece,
with
some
expecting
the
dip
to
continue.
NVIDIA’s
stock
has
also
been
down
over
11%
in
the
last
five
days,
although
it
is
still
up
3.7%
compared
to
this
time
last
month.

#Nvidia
CEO
Jensen
Huang
Sold
$95
Million
of
Stock
last
week
and
now
other
Big
Players
are
also
Selling

$Nvidia
????

Today
also
down
by
6%.
Down
from
$140
to
$118.

Meanwhile

#Bitcoin
is
again
falling
and
close
to
₹60K.

What’s
next?

pic.twitter.com/czN3vbKCqV

—
Amit
Bhawani
????????
(@amitbhawani)

June
24,
2024

Meanwhile,
Fetch.ai’s
FET
token
skyrocketed
over
40%
in
the
last
week.
However,
the
bearish
influence
seen
over
the
last
month
is
still
being
felt,
as
the
token
remains
28%
down
on
a
monthly
basis.

Still,
the
FET
price
is
currently
struggling
to
breach
a
major
resistance
at
$1.7,
and
if
this
level
should
break,
FET
would
have
an
unobstructed
road
back
toward
$2.
The
only
problem
is
that
this
resistance
at
$1.7
already
rejected
its
price
twice
in
the
past
two
weeks,
and
it
seems
to
still
be
too
strong
now.

Fetch.ai
Price
Prediction

While
the
Fetch.ai
price
saw
a
notable
surge
recently,
there
are
some
indicators
that
suggest
that
the
popular
AI
token
is
about
to
see
another
price
rejection.
For
the
moment,
the
token
sits
close
to
a
resistance
at
$1.7,
but
there
are
signs
that
this
will
soon
change,
and
that
its
price
might
spiral
down
again.

For
example,
Fetch.ai’s
Bollinger
bands
have
suddenly
narrowed
over
the
last
several
hours,
around
the
time
when
the
surge
stopped
and
it
became
clear
that
the
resistance
at
$1.7
will
not
allow
the
token
to
progress.

This
is
a
very
bearish
signal
which
suggests
that
the
price
might
start
a
correction
very
soon.

<img decoding="async" width="1794" height="903" src="https://www.dashgeneration.com/wp-content/uploads/2024/06/fetch-ai-price-soars-24-as-nvidia-stocks-take-a-tumble-and-this-ai-crypto-closes-in-on-6-7-million.png" alt=""

<img decoding="async" width="1794" height="903" src="https://www.dashgeneration.com/wp-content/uploads/2024/06/fetch-ai-price-soars-24-as-nvidia-stocks-take-a-tumble-and-this-ai-crypto-closes-in-on-6-7-million.png" alt=""

An
even
more
bearish
signal
came
from
the
project’s
Relative
Strength
Index
(RSI)
value,
which
climbed
up
to
86.67
yesterday,
delving
deep
into
the
overbought
territory.
This
was
around
the
time
when
the
Fetch.ai
price
attempted
to
breach
the
mentioned
resistance,
only
to
be
proven
unsuccessful.

Traders
quickly
started
selling
their
FET
tokens
in
anticipation
of
a
price
correction,
which
inflated
the
project’s
volume.
Right
now,
the
price
has
yet
to
catch
up
to
all
the
market
activity,
which
seems
to
be
getting
strongly
bearish,
according
to
the
RSI,
which
has
since
dropped
to
46.49.

While
in
the
neutral
zone
currently,
RSI
could
continue
to
drop
to
the
oversold
area,
which
is
when
FET
would
start
spiraling
down
again.
So,
if
you
are
a
trader
or
investor
holding
Fetch.ai,
prepare
to
see
another
wave
of
bearish
activity
in
hours
and
possibly
days
to
come.

Promising
Alternatives
to
Fetch.ai

While
the
FET
price
seems
to
be
gearing
up
for
a
likely
correction
once
more,
there
is
an
alternative
that
you
can
turn
to
that
is
still
relatively
safe
compared
to
the
rest
of
the
market.
It
is
also
an
AI
cryptocurrency,
although
this
one
goes
beyond
that
by
venturing
deep
into
the
meme
coin
sector,
as
well.

The
project
in
question
is
called

WienerAI
(WAI)
—
a
crypto
project
that
combines
a
dog,
a
sausage,
and
artificial
intelligence
to
create
a
loyal,
appealing,
and
technologically
superior
project.

WienerAI’s
main
product
will
be
its
upcoming
trading
bot
—
a
ChatGPT-like
trading
companion
that
will
allow
users
to
inquire
about
the
market
and
simply
notify
the
bot
of
what
step
do
they
wish
to
take
next.
The
bot
will
not
only
be
able
to
instantly
scour
the
market
and
use
predictive
tech
to
highlight
new
opportunities,
but
it
will
also
conduct
trading
activities
on
behalf
of
the
user.

WienerAI’s
potential
was
also
recognized
by
a
popular
crypto
YouTube
channel
Cryptonews,
which
called
it
the
next
AI
breakthrough.

WienerAI
showed
some
of
it
in
a
recent
preview
on
X,
showing
how
easy
it
is
to
exchange
coins
and
tokens
with
the
upcoming
trading
companion
and
revealing
that
trading
will
be
extremely
easy
to
do
with
its
product
once
it
launches.

Consider
WienerAI
the
ChatGPT
of
crypto.

Not
only
will
the
Bot
find
winning
trades
with
unrivaled
accuracy
and
give
meaningful
reasoning
for
its
suggestions,
but
WienerAI
is
Swap-Enabled–meaning
you
don’t
have
to
leave
the
App
to
place
your
trades.
(3/4)

pic.twitter.com/5HFpCmVOHh

—
WienerAI
(@WienerDogAI)

June
11,
2024

All
of
this
is
only
scratching
the
surface,
as
the
project
also
offers
staking,
and
it
has
the
ability
to
continuously
evolve
as
new
AI
breakthroughs
are
made,
all
of
which
give
it
massive
potential
for
growth.
Its
presale,
which
is
slowly
coming
to
an
end,
has
already
raised
nearly
$6.4
million
while
selling
WAI
for
$0.000722.
You
can
buy
it
with
ETH,
USDT,
BNB,
or
credit/debit
card.

As
mentioned,
the
project’s

presale
will
end
soon,
so
don’t
wait
too
long
to
join.
Its
potential
is
massive
and
essentially
limitless,
so
giving
it
a
chance
might
be
highly
rewarding.

Visit
WAI
official
website.

Related
Articles: