#FET

With the rise of Bitcoin, the popular artificial intelligence altcoin Fetch.AI (FET) is showing an upward move from the critical support level.

FET is trading at $1.63 and has the potential to rise to $2.5. On the other hand, if the downtrend continues, the price may drop below $1.50.

Fetch.AI's market performance has been remarkable, with the altcoin currently ranked 64th in the cryptocurrency market with a market cap of $1.378 billion. Despite this, FET has lost 22 percent in the last 30 days amid a broader market pullback. This decline was also reflected in the daily chart, where FET followed a retreat trend and formed a falling channel formation.