🚨 Greed blinds the eyes: Is FET on the brink of a price explosion? 🤖💥
🔍 Quick analysis of Fetch.ai (FET) on July 12, 2025:
The price fluctuates around $0.700, amidst conflicting technical signals.
📉 Technical indicators:
💧Relative Strength Index (RSI) at 35.8 ➜ Potential oversold condition
💧Negative MACD ➜ Weak upward momentum
📊 Moving averages: price below most of them ➜ Clear selling pressure
📈 Near-term predictions:
🔥Resistance at $0.75
🔥Strong support at $0.70
Breaking either of them could ignite the next move!
🤔 The surprise? Some estimates suggest targets reaching $2.95 by the end of 2025!
But... is the way being paved now or will we witness a harsh correction before the rise?
⬇️ Share your opinion: Will FET soon pounce on new highs?