Mister Crypto: Fetch. ai to grow by 545%

Editor’s note: not investment advice!

Analysts predict a significant increase in the value of the Fetch. ai cryptocurrency (FET) — up to 565%. In recent days, the AI token has shown an increase of more than 10%, and the trading volume has increased by 91.1%.

According to the analysis presented by Mister Crypto, the weekly chart of FET shows a repeating pattern that may indicate the possibility of a sharp price jump. After each previous growth, the market experienced a decline and then rose again. Now FET is at the stage of changing the market structure after the recent downturn, which may lead to further growth.

The analyst predicts that the price of FET can reach $ 3.907, which means a 565% increase. However, the exact timing of this growth remains uncertain, and the positive outlook is supported by technical analysis.

Currently, FET is trading within an ascending triangle, which is a pattern that usually implies a significant price increase. The key targets for this movement include $ 1,763, $ 2,091, $ 2,419, and $ 2,886, with a potential peak of $ 3,480. However, if the market turns bearish, the price of FET could fall to $ 0.702.

Additionally, the positive outlook is supported by the Relative Strength Indicator (RSI), which is currently at 60.96. An RSI value above 50 indicates the dominance of buyers in the market, which may contribute to further price growth.

The No Worries editorial team strongly advises readers not to invest their own funds in dubious crypto projects and little-known digital assets!