Artificial Superintelligence Alliance (ASI) by $FET , $AGIX , and $OCEAN : What It Means for Prices ?

Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) merge set completion is set for 13th June 2024.

Mergers between two companies in the crypto industry are rare. Still, it is even rarer to see three companies come together as Fetch.ai (FET), Ocean Protocol (OCEAN), and SingularityNET (AGIX) plan to.

Whether this will turn out to be a spectacular or a disastrous spectacle is yet to be determined.

Fetch.ai (FET)

Fetch.ai’s price has been consolidating for the past two months, with every breakout attempt failing so far. FET is changing hands at $2.11, moving within the range of $1.95 and $2.49

The Relative Strength Index (RSI) is in the bearish zone under the neutral line of 50.0. The RSI is a momentum oscillator that measures the speed and change of price movements. It currently signals a bearish outcome over the next week, likely keeping FET consolidated.

SingularityNET (AGIX)

AGIX price has been doing well on the macro time frame. The altcoin has observed a consistent uptrend for the past two months, bringing the trading price to $0.89. AGIX is currently sitting under the critical resistance of $1.00

If this barrier is breached, the crypto asset would have a shot at rising further towards rallying beyond $1.07

Ocean Protocol

OCEAN’s price action has not been too impressive, either. The altcoin has been consolidating between $0.84 and $1.02 for a solid eight weeks. OCEAN nearly breached the upper limit once but failed to sustain the rise, returning to the trading price of $0.89

The chances of the altcoin dipping to test the support floor of $0.84 are much higher than a breakout.

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