Ritika_TCR

Fetch.ai (FET) Crypto

COINBASE:FETUSD   Fetch.ai
Fetch.ai (FET) Crypto
The Fetch.ai crypto has been a volatile one for this whole week. The crypto started the week on a positive note and surged over 30% in the 1st half of this week. However, a strong selling pressure in the last couple of sessions have eroded most of the gains dragging the price close to negligible gains.

The FET crypto was down nearly 13% in the last 24 hours and resumed with the selling pressure on the second consecutive session. The price suffered from the 50 day EMA and made its way to the downwards.

Currently, the bulls are attempting to defend the weekly lows above which the price may attempt for a recovery. However, a break below the weekly lows of $1.37 level could drag the price towards the $1 level.
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