1
The Fetch.ai price is trading below the key moving averages, showcasing bearishness.
2
The FET crypto price is down by approximately 14.90% in the last 7 days.
3
Bears are looking aggressive in the last few sessions demonstrating bearishness.
The Fetch.ai price failed to sustain the high of $0.7958 and reversed its direction, starting the profit booking that indicates further weakness in the market. It is trading below its dynamic support trendline, which could lead to more bearishness in upcoming sessions. The price is also in a downtrend on a greater timeframe, as it is creating lower lows.
The FET has been falling from its upper resistance levels and creating lower-low structures. It is in a bearish trend after breaking below the 50-day and 100-day exponential moving average. The bearish pressure could push RUNE to form a new lower low soon and increase the downtrend.
The Fetch.ai crypto displays signs of weakness on the charts, as
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