Fetch.ai Price Prediction: FET Rises 5% as World’s First AR/VR Presale Heads for $3 Million

adminMarch 29, 2024

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Fetch.ai price is up 5% in the last 24 hours. Traded for $3.18 As of 08:08 AM EST, trading volume was down 36% to $710 million.

This follows shortly after the project disclosed a merger with SingularityNET and Ocean Protocol to form the Superintelligence Alliance (ASI). The goal of this merger is to become the largest decentralized AI project globally.

fetch.ai merger

Fetch.ai price targets new ATH.

Immediately after news of the merger broke, the price of Fetch soared, hitting a new all-time high (ATH) of $3.45 on March 28 before falling slightly to $3.18.

Fetch.ai price chart analysis Source: Tradingview.com — FETUSD Chart Analysis Source: Tradingview.com

FET’s bullish momentum was strengthened by the formation of a double bottom around $2.37, fueling a price surge within a rising channel pattern as investors targeted additional record highs.

FET is trading well above its 200-day simple moving average (SMA), confirming the bullish outlook for the price. If the bulls maintain their strength, the price could finally overcome the 50-day SMA barrier of $3.30, allowing FET to soar to much higher price levels.

Additionally, the 30-minute relative strength index (RSI) is currently trading down to an oversold level of 34, indicating that the asset is currently oversold. RSI is consistent with the current price downtrend for ATH.

Fetch.ai price prediction

Fetch.ai price is currently trending downward, down 8% from ATH. However, the key indicator shows signs of a trend reversal with FET trading within a rising channel pattern.

Additionally, the 50-day SMA is trading above the 200-day SMA, forming a golden cross at $2.49, indicating a potential upside for FET. RSI is already trading within oversold levels, which could mean that the trend is likely to reverse to the upside.

FET bulls are targeting a new ATH above $3.45 at $4.00, which is only 25% off the current price.

However, if the bears continue to put pressure on the price and benefit from the 184% surge in FET seen last month, the price could turn back. In this scenario, bulls could find support at $2.97, which is in line with the 200-day SMA. This could cause the bulls to send the price skyrocketing.

Meanwhile, if FET bulls are looking for a better long position that could cause the price to surge, they may want to consider the alternative, 5thScape. Analysts predict it could soar 100-fold once the project is launched.

5SCAPE: A promising opportunity for huge profits

Five Scape (5SCAPE) The first AR/VR mixed reality encryption platform capitalizing on the excitement surrounding the launch of Apple Vision Pro. This project aims to change the gaming space by converging blockchain technology and virtual reality (VR).

5thScape, a cutting-edge cryptocurrency project set to revolutionize augmented and virtual reality, offers investors the opportunity to dive into the future of immersive gaming.
It has plans for innovative VR hardware and a variety of games including Cage Conquest and Epic. pic.twitter.com/FaIicOGq3w
— 5th Scape (@5th_scape) March 23, 2024

The ongoing pre-sale presents an exciting opportunity to participate in innovative new cryptocurrency projects. The pre-sale, now in its third phase, was able to generate more than $2.89 million on its way to its goal of $3.75 million.

Leave your limitations behind! 🚀 We have reached another milestone and have entered our 3rd presale.
Please join us on an incredible journey into the future of AR/VR gaming.
#5th scenery #Ticketing #AR #VR pic.twitter.com/ZOkwg8s34E
— 5th Scape (@5th_scape) March 26, 2024

Additionally, the 5thScape team already has plans to develop a comprehensive VR/AR ecosystem that includes game development, animation, and specialized hardware manufacturing. These efforts will help the project achieve maximum market penetration.

Earn money by purchasing $5SCAPE, staking and playing P2E games

You have the opportunity to earn rewards through: $5SCAPE Staking You can also earn passively through 5thScape’s Play-to-Earn (P2E) feature. The team will create games such as MMA Cage Contest, Thrust Hunter, and Archery Master.

We’re excited to reveal the first look at characters from our upcoming VR game Cage Conquest! Meet the fighters who will challenge you in the ultimate UFC experience. Which one is your favorite? #Conquer Cage #5Scenery #Cryptocurrency #bybit $NVDA #Ethereum $SYS pic.twitter.com/PUUdsbWWIi
— 5th Scape (@5th_scape) February 21, 2024

According to cryptocurrency YouTube channel 99Bitcoins, 5thScape has the potential to skyrocket 100x after launch.

You can now purchase $5SCAPE tokens for $0.00248. By setting the launch price at $0.01, investors can earn a 303% profit by the time $5SCAPE is listed.

If you think $5SCAPE is a great opportunity you can’t miss, participate in the pre-sale by exchanging ETH, MATIC, USDT, and BNB for 5SCAPE tokens through your digital wallet. official site. You can also make purchases directly with your bank card.