... and from this point of view, the conflict between Fetch.ai and OceanProtocol is not conducive to a quick recovery, I think we still need to be (very?) patient ...

Artificial Superintelligence Alliance (FETUSD) has been trading within a 6.5-year Channel Up ever since its first trading day. The pattern's Bullish and Bearish Legs are very distinct and since its March 25 2024 All Time High (ATH), the market has been on the latest Bearish Leg (red Channel).
The 1W RSI just touched its 30.00 oversold barrier and last time it did so on a Bearish Leg (June 13 2022), the bottoming process (Higher Low) started towards the 0.236 Fibonacci level of the multi-year Channel Up.
As a result, FET may start its new Bullish Leg, as long as the overall market remains on a Bull Cycle. The short-term Target is the 1W MA50 (blue trend-line), with which contact can be made around $0.62000. Long-term (again if the Bull Cycle extends) we could see another +6430% Bullish Leg to $8.000.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
#FET #FetchAI #FETUSD #FETUSDT #signals