Popular analyst Rekt Capital, an artificial intelligence (AI) focused altcoin Fetch.ai The price may soon reach an all-time high. believes.
Rekt Capital, Fetch.ai He thinks that the price may remain in an uptrend if it breaks a key resistance level on the monthly chart. According to the analyst, the retest has been quite successful so far. If this successful process continues, a move towards the last major resistance will be possible.
Although FET attracted attention when it traded at $0.204 on October 19, 2023, it is trading at $0.730 with a gain of approximately 258% at the time of this writing. FET reached an all-time high of $1.17 per day in November 2021.
Fetch.ai is also known as a blockchain-based artificial intelligence platform that aims to automate supply chain logistics or record keeping for individuals or organizations.
Rekt Capital stated that the next asset on its radar is Ethereum, and thinks that if the price holds $ 2274, it will continue to move upwards. The price is now retesting $2274. A successful test could open the possibility of a rally above 22%.
According to the analyst’s chart, ETH may test $2791 by the end of this month. At the time of writing, Ethereum price was trading at $2266.