Fetch.AI (FET) Analysis

Following the broader market cues, Fetch.ai’s (FET) price fell below the support of $2, but it is likely on the verge of bouncing back. 
This is because the altcoin is in an ideal spot for accumulation, indicating potential gains going forward.
Fetch.ai Is Undervalued
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Fetch.ai’s (FET) price at the moment presents a bullish outlook that will likely be successful with the aid of investors.
The altcoin also banks on Bitcoin to benefit from post-halving bullishness.
Fetch.ai’s Investors Remain Optimistic
The actions of the whales have influenced Fetch.

Fetch.ai (FET) price is reeling from the recent corrections that wiped out significant profits from the crypto market.
While recovery is on the cards, FET might stop short of regaining all the profits as it is destined for consolidation.
Fetch.ai Investors Sit Back
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Fetch.ai (FET) price has been moving sideways and consolidating for over a month.
While signs of a change in price action direction seem apparent, the question is, will it be bullish or bearish?
Fetch.ai Investors Take a Step Back
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Fetch.ai (FET) price is continuing its bullish streak even though the rest of the crypto market is cooling down from the February and March rallies.
Will this lead to corrections for FET, or will the altcoin be able to note another all-time high?
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Fetch.ai (FET) price marked an all-time high earlier this month, and since then, it has been in consolidation.
Although the altcoin has attempted to chart a fresh high more than a few times now, there is a chance that FET might make it this time.
Fetch.ai Price Sees Support From Investors
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Unlike the rest of the market, Fetch.ai’s (FET) price prevented major losses over the last 24 hours as the altcoin kept its decline limited to 2%.
The credit for this goes to the whales who offset the bearish cues. Nevertheless, there is still a threat to the altcoin.
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This past week, the Fetch.ai (FET) price progress has emerged as one of the best-performing assets and charting an all-time high.
But along with gains came profits, and certain groups of FET investors did not refrain from selling their assets to book said profits.

The broader market’s bullish cues pushed many cryptocurrencies towards new heights along with the Fetch.ai (FET) price. The altcoin registered a new all-time high on Wednesday, following Bitcoin’s lead.