Key Takeaways
- Fetch.ai price faces bullish pressure toward $1.
- Our Fetch.ai price prediction expects the FET price to record a maximum level of $1.74 in 2024.
- In 2030, we expect the FET price to achieve $16.23.
Following the U.S. SEC’s approval of the Bitcoin Spot ETF and Ethereum ETF, altcoins have gained momentum. Although there’s increased selling pressure on AI tokens, the price of Fetch.ai has managed to stay around the $0.9 threshold.
Should the crypto market undergo a bullish reversal, the demand for Fetch.ai (FET) could surge, potentially pushing its price beyond $1.
Since its introduction, Fetch.ai has been touted as a top AI token. With the growing popularity of AI, there’s heightened interest in the future of FET. This price prediction for Fetch.ai examines the project’s utility, tokenomics, and market trends, providing a forecast for its price from 2024 to 2030.
Overview
Cryptocurrency | Fetch.ai |
Token | FET |
Price | $0.89 |
Market Cap | $2,275,000,388 |
Trading Volume | $92,015,986 |
Circulating Supply | 2,520,000,000 FET |
All-time High | $3.47 |
All-time Low | $0.00827 |
Fetch.ai Technical Analysis
Metric | Value |
Current Price | $ 0.897534 |
Price Prediction | $ 1.014998 (14.49%) |
Fear & Greed Index | 26 (Fear) |
Sentiment | Neutral |
Volatility | 19.20% |
Green Days | 9/30 (30%) |
50-Day SMA | $ 1.146518 |
200-Day SMA | $ 1.729386 |
14-Day RSI | 46.33 |
FET Price Analysis
Fetch.ai price faces bearish pressure around $0.9
- FET price analysis shows a bullish pattern as it hovers around $0.9.
- Resistance for Fetch.ai is present at $0.946
- Support for FET/USD is present at $0.816
The FET price analysis for 21 August confirms that Fetch.ai witnessed bullish pressure as it faced increased buying activity. The price is currently aiming for a surge above $1.
Fetch.ai price analysis 1-day chart: FET price attempts to meet buyers’ demand
Analyzing the daily price chart of FET tokens, Fetch.ai’s price witnessed a bullish correction after bears failed to defend immediate Fib lines. Over the last 24 hours, Fetch.ai price has been on a minor bullish path as buyers pushed the price toward $0.9. The 24-hour volume declined to $29.8 million, showing a decreased interest in trading activity today. Fetch.ai price is currently trading at $0.89, increasing by over 1.1% in the last 24 hours.
The RSI-14 trend line has surged from its previous level and currently hovers around 43-level, showing that bulls are slowly gaining the momentum of the price. The SMA-14 level suggests upward volatility in the next few hours.
Fetch.ai/USDT 4-hour price chart: Bearish dominance surges around EMA trendlines
The 4-hour Fetch.ai price chart suggests FET continues to experience bearish activity near EMA lines, creating a negative sentiment on the price chart. As the price continues to hold below EMA lines, bulls are aiming for a break above the EMA20 trend line.
The BoP indicator is trading in a bearish region at 0.02, hinting that sellers are trying to build pressure near resistance levels and boost a downward correction.
However, the MACD trend line has formed green candles above the signal line and the indicator aims for a positive momentum, strengthening bullish positions.
Fetch.ai Price Predictions: Levels And Action
Daily Simple Moving Average (SMA)
Period | Value | Action |
SMA 3 | $ 0.855288 | BUY |
SMA 5 | $ 0.842551 | BUY |
SMA 10 | $ 0.853412 | BUY |
SMA 21 | $ 0.947009 | SELL |
SMA 50 | $ 1.146518 | SELL |
SMA 100 | $ 1.537861 | SELL |
SMA 200 | $ 1.729386 | SELL |
Daily Exponential Moving Average (EMA)
Period | Value | Action |
EMA 3 | $ 0.847381 | BUY |
EMA 5 | $ 0.853522 | BUY |
EMA 10 | $ 0.879669 | BUY |
EMA 21 | $ 0.969366 | SELL |
EMA 50 | $ 1.176685 | SELL |
EMA 100 | $ 1.40928 | SELL |
EMA 200 | $ 1.453337 | SELL |
What to expect from Fetch.ai price analysis next?
The hourly price chart confirms bears are making efforts to prevent the Fetch.ai price from an immediate surge. However, if the Fetch.ai price successfully breaks above $0.946, it may surge higher and touch the resistance at $1.135.
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If bulls cannot initiate a surge, Fetch.ai price may drop below the immediate support line at $0.816, resulting in a correction to $0.693.
Is Fetch.ai a Good Investment?
The FET price saw a notable rise in 2024, though it has since declined from its peak. Notably, FET has emerged as a top performer in the AI sector over the last year. Should it sustain this momentum, the price may continue to climb throughout the year.
As with any cryptocurrency investment, conducting thorough research is crucial before investing in FET.
Why is the FET Price Up Today?
FET price witnessed a bullish reversal following intense selloff over the last few days. The price successfully rebounded above $0.8 and is now aiming for $1.
Will FET Price Reach $10?
FET price might soon reach the $10 mark in 2029 if the buying demand continues to surge and Fetch.ai attracts altcoin investors.
Will FET Price Reach $100?
Due to the effort of the community, Fetch.ai Coin’s prices will continue to increase. However, there is currently no indication that the Fetch.ai (FET) Coin will reach $100 in the near future, which is a long-term target.
Is FET a Good Long-Term Investment?
FET has gained popularity thanks to strong community support. However, it’s crucial to conduct thorough research into their long-term potential to determine if it represents a viable long-term investment.
Recent FET News/Opinions
This month marked the beginning of phase 1 for the Artificial Superintelligence Alliance’s ASI token merger process. It started with the rebranding of Fetch.AI’s name and logo to align with the Alliance’s branding. Additionally, FET updated its supply and market capitalization while temporarily retaining its ticker.
FET Price Prediction September 2024
Over the last few days, FET coin price has been on a downward trend and it aims to drop below crucial Fib levels. If the BTC price aims for a recovery above $65K this month, we might see a solid recovery in the FET price.
According to technical analysis, we might see the FET price to record the maximum level of $1.2 and minimum price of $0.75, with an expected average trading price of $0.9 throughout September.
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Fetch.ai Price Prediction | Potential Low | Potential Average | Potential High |
Fetch.ai Price Prediction September 2024 | $0.75 | $0.9 | $1.2 |
Fetch.ai Price Forecast 2024
The effects of Bitcoin Halving typically appear 12-18 months afterward, but 2024 might see a different trend due to heightened institutional interest and improved macroeconomic factors.
Anticipated to surge in 2024, Fetch.ai’s narrative as a trending “AI coin” could captivate investors during the crypto bull run. It is readily available on major tier-one exchanges, such as Binance and Coinbase, enhancing its accessibility and potential for a market boom.
The project is aggressively expanding its ecosystem, evidenced by the recent hackathon hosted in partnership with DeCodeCafe. Hackathons are an effective strategy to cultivate a developer community and strengthen the project’s foundation.
Fetch.ai’s innovative “AI agents,” which are AI-powered programs, can be created swiftly from existing applications in minutes using the project’s no-code service. This significant utility enhances the potential of the Fetch.ai ecosystem, positioning it as a potential leader in the crypto space.
Finally, a report by Fortune Business Insights on the blockchain and AI market projects a 23.6% compound annual growth rate (CAGR) from 2020 to 2027. Given Fetch.ai’s current position, 81.08% below its 2021 all-time high, this growth could indicate a substantial opportunity for FET in the upcoming bull market.
In 2024, the minimum price of Fetch.ai is expected to be $1.53. The maximum price could soar to $1.74, with the average trading price hovering around $1.60 throughout the year.
Fetch.ai Price Prediction | Potential Low | Potential Average | Potential High |
Fetch.ai Price Prediction 2024 | 1.53 | 1.6 | 1.74 |
Fetch.ai Price Prediction 2025-2030
Year | Minimum Price ($) | Average Price ($) | Maximum Price ($) |
2025 | 2.19 | 2.26 | 2.69 |
2026 | 3.15 | 3.24 | 3.8 |
2027 | 4.51 | 4.67 | 5.5 |
2028 | 6.4 | 6.59 | 7.72 |
2029 | 9.15 | 9.48 | 11.13 |
2030 | 13.3 | 13.78 | 16.23 |
Artificial Superintelligence Alliance Price Prediction 2025
Looking toward 2025, the crypto bull market is expected to be vibrant, attracting many new investors eager to discover the next big cryptocurrency. As AI’s popularity rises, Fetch.ai (FET) could be recognized as one of the top cryptos to invest in.
Beyond favorable market expectations, Fetch.ai is supported by solid products and a robust developer community. The Fetch.ai ecosystem continues to evolve, incorporating new innovations. A recent highlight is the introduction of Agentverse v0.11, an enhancement to the Agentverse portal that allows users to create and deploy AI agents.
This upgrade enhances user experience significantly, featuring an improved UI, support for multi-file projects, and more. Such continuous innovation on the Fetch.ai platform is expected to strengthen its long-term value.
Fetch.ai also simplifies daily tasks, automating almost any repetitive action, from securing the cheapest airline tickets to executing DeFi strategies like arbitrage trading.
The platform offers a wide array of potential applications, although accessing its services requires payment in FET.
As a result, Fetch.ai enjoys robust demand-side tokenomics and a compelling use case. Additionally, its supply-side economics are favorable, with only about 120 million more FET set to be released by 2026—a modest amount given the over 800 million FET currently in circulation.
FET Price Forecast for 2026
The price of Fetch.ai in 2026 is forecasted to have a floor price of $3.15. It might peak at $3.80, with an expected average price of $3.24.
Fetch.ai (FET) Price Prediction 2027
Based on forecast data and technical analysis, Fetch.ai’s price in 2027 is anticipated to start at a minimum of $4.51. It may climb to a maximum of $5.50, averaging around $4.67 throughout the year.
Fetch.ai Price Prediction 2028
Fetch.ai’s price in 2028 is predicted to reach a minimum of $6.40. The maximum price could be $7.72, with the average price likely to be around $6.59.
Fetch.ai Price Prediction 2029
In 2029, Fetch.ai is expected to reach a minimum price of $9.15. The maximum price might ascend to $11.13, with an average of $9.48 for the year.
Fetch.ai (FET) Price Prediction 2030
According to detailed technical analysis, the price of Fetch.ai in 2030 is expected to start at a minimum of $13.30. It could rise to as high as $16.23, with an average trading price of $13.78 throughout the year.
Fetch.ai Market Price Prediction: Analysts’ FET Price Forecast
Cryptopolitan’s Fetch.ai Price Prediction
At Cryptopolitan, we are bullish on the Fetch.ai price movements as the coin is expected to surge to new highs by the end of this year. In 2024, the minimum price of Fetch.ai is expected to be $1.53. The maximum price could soar to $1.74, with the average trading price hovering around $1.60 throughout the year.
Fetch.ai Historical Price Sentiment
- Launch Price (March 1, 2019): The token debuted at $0.35.
- Five Years Ago (August, 2019): The price had slightly decreased to $0.08.
- One Year Ago (August, 2023): Fetch.ai was trading at $0.20, showing stability in its value.
- Five Months Ago (March, 2024): The price saw a significant increase, reaching $2.74.
- All-time High (March, 2024): Fetch.ai reached its peak at $3.45 shortly after the previous date.
- Three Month Ago (May, 2024): The price experienced a slight drop to $2.42.
- Two Month Ago (June, 2024): Most recently, the price adjusted to $1.58.
- All-time Low (March 13, 2020): The token hit its lowest point at $0.00817 during the early market struggles.
- In August, the FET price is currently consolidating around $0.9, aiming for a break above $1.