1 FET = ₿1878 Satoshi -- Will the alligator become more aggressive in walking up to hunt its prey?
(Chart by TradingView)
As of about January 9, the Fetch.ai alligator to Bitcoin was seen sleeping around ₿500 Satoshi. Then it suddenly moved up looking for food until now.
Meanwhile, the Moving Average Convergence Divergence (MACD) oscillator has re-entered a bullish position. This indicates that the price of this asset is rising again.
However, the stochastic Relative Strength Index (RSI) oscillator is in overbought territory. In other words, the market price of this asset is above its intrinsic price.
And now we see the alligator opening its mouth wide upward. Will it become more aggressive in walking up to hunt its prey?
Let's continue following this Fetch.ai alligator adventure with Bitcoin.
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