🚀Crazy Surge Alert! The cup and handle pattern of Fetch.ai ignites the AI craze, $FET is ready to aim for $1.40🔥
Recently, the price of Fetch.ai ($FET) has rebounded strongly, with technical charts showing a typical 'cup and handle' pattern, which usually indicates that a significant price increase is about to occur. At the end of March, it skyrocketed from a low of $0.38 to $0.78, doubling in just two months, with buying momentum continuing to strengthen.
Technical Highlights:
The cup and handle resistance is around $0.85, and if broken, the target points to $1.10, and it may even challenge the high of $1.40.
Trading volume is increasing, and maintaining above $0.72 will sustain bullish momentum.
If it falls below $0.70, the pattern may fail and could retreat to support around $0.58.
The driving force behind this is even more lethal—Fetch.ai is rapidly expanding its AI agent ecosystem, integrating multiple innovative technologies:
Deep integration with decentralized data scraping platforms for autonomous AI data collection.
Launch of the ultra-efficient large language model ASI1-fast, outperforming competitors.
This is not only a technical signal but also a strong demonstration of ecological strength. As AI applications continue to upgrade, Fetch.ai is becoming the market focus, with enormous upward potential on the horizon.
Summary: Strong technical signals + hot AI layout, Fetch.ai is preparing for the next wave of explosion. As long as it holds key support, the bulls will continue to dominate, and investors must closely watch for breakout opportunities!