As major cryptocurrencies display their resilience, traders are increasingly optimistic about the market outlook. AI tokens have been gathering strength, particularly as Bitcoin’s bullish momentum spills over into DeFi and Memecoins. Now, with the market settling somewhat, AI tokens are once again attracting significant attention.
Fetch.AI (FET) and Singularity (AGIX) have surged by approximately 18% to 20%, positioning themselves as top gainers for the day.
Fetch.AI (FET) Price Prediction
Following a recent bullish push, FET’s price has reached the upper resistance of a rising wedge pattern, indicating a bullish sentiment that could be disrupted by excessive buying pressure.
The price recently achieved a new all-time high (ATH) at $2 during early trading hours, suggesting a potential minor pullback and consolidation as the price undergoes a discovery phase.
Additionally, the Relative Strength Index (RSI) has climbed above 86, indicating that while bulls may take a breather, they are likely to sustain the rally and maintain gains.