Fetch.ai (FET) Price Could Witness a Death Cross if This Support Is Lost
Fetch.ai (FET) Price Could Witness a Death Cross if This Support Is Lost
Fetch.ai has been witnessing decline for the past few days, and this could extend in the coming days if a death cross takes place.
Fetch.ai Loses Potential Investors
Fetch.ai's price is close to noting a drawdown due to declining support from investors, attributed to diminishing network growth and profit saturation among FET holders. The looming threat of profit-taking over holding sentiment poses a risk of massive dumping and subsequent price correction.
FET Price Prediction: $2 Is the Crucial Support
Amid a 12.7% price decline in a week, Fetch.ai sits precariously at $2.08, with potential downside to $1.71 if the crucial support at $1.96 falters. Additionally, the risk of a death cross adds to the bearish outlook, with key support levels being closely monitored for potential price movements.
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