1 FET = ₿2381 Satoshi -- Will the price trend continue to rise?

in #fetlast year

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Screenshot_20230207-192503_TradingView.jpg
(Chart by TradingView)

From about January 5-6, the Ultimate Moving Average of Fetch.ai's price against Bitcoin was stagnant around ₿500 satoshi. From there, it quickly spiked up to where it is now.

Meanwhile, the SuperTrend indicator has long since switched to a buy position until today.

The Squeeze Momentum indicator is also seen in a bullish position with relatively high volatility.

Will Fetch.ai's price trend against Bitcoin continue to rise? And is it really a good time to buy?

Let's continue to monitor Fetch.ai's price action against Bitcoin.

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