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Market Bulls Lose Steam in Fetch.ai (FET), While Bears Take the Helm

Published 2022-12-12, 06:20 a/m
© Reuters. Market Bulls Lose Steam in Fetch.ai (FET), While Bears Take the Helm

  • According to recent research, market volatility in the FET market is decreasing.

  • FET prices find support throughout the fall around $0.09789.

  • Will the bulls overturn this bearish momentum?

Fetch.ai (FET) has stayed in the hands of bears because market prices have steadily decreased until they hit support at $0.09789. However, during the day, bullish pressure drove FET prices to an intra-day high of $0.1119

Negative momentum managed to dip prices to $0.1002 during the downturn, a 9.57% decline.

The bear’s strength is increasing, as evidenced by a 10.03% decrease in market capitalization to $74,970,625 and a 23.09% increase in 24 hour trading volume to $76,849,771, indicating that selling pressure exists as investors are selling their shares.

The post Market Bulls Lose Steam in Fetch.ai (FET), While Bears Take the Helm appeared first on Coin Edition.

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