Fet price surge

in #bybit26 days ago

Fet price surge

Fet price has rallied by 12% in the past 24 hours.

FETUSDT 4h _2024-08-26_14-37-00_ff59c.png

Fet price rally is largely fueled by the upcoming earnings report of Nvidia and a majority of the price increase is from investors from Asia buying Fet cryptocurrency.
Nvidia A.I success has fueled the price increase of a lot of A.I cryptocurrencies in the crypto space and with the upcoming expected fed interest rate cut in September a lot of A.I cryptocurrencies are expected to perform strongly throughout the rest of the year.

Hunter Xai post on fet.png

Hunter X.ai is bullish on Fet due to the A.I narrative the fet ASI alliance and the unmatched tech that Fet offers.

sjuul X post on fet.png

Sjuul post revealed that Fet price has been bullish this week due to the new partnerships and developments.

FETUSDT 4h _2024-08-26_14-37-00_ff59c.png

Price of Fet on the 4 hour timeframe is above the cloud and the cloud indicators are all bullish.

FETUSDT 1d _2024-08-26_14-37-38_8c4fc.png

Fet price on the 1 day timeframe is not yet bullish but the conversion line is above the base line and that is a weak buy signal.

FETUSDT 1w _2024-08-26_14-37-59_3b97e.png

On the 1 week timeframe the conversion line is below the base line and is therefore bearish and so is the lagging span that has crossed price to the downside.

FETUSDT 1month _2024-08-26_14-38-21_64c9a.png

Fet price on the 1 month timeframe the price is above the conversion line and the lagging span has not yet crossed the price to the downside and therefore price is kind of bullish.