The price for Fetch.ai (FET) has reached long-term resistance, and an initial retracement may take place before it breaks out. While the price for Fetch.ai (FET) has moved up by almost 410%, this crucial resistance is said to be the final one before the highs.

SingularityNET (AGIX) is said to be in its final wave of increase. While experts aren’t sure if this wave will continue, time will tell if a top is close. The price of SingularityNET (AGIX) has been rising since the start of the year (almost 876%), and it resulted in a high of $0.48 in February 2023.

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Fetch.ai’s (FET) surge could be temporary

Fetch.ai (FET) is currently priced inside the resistance area at $0.47. Experts claim that the upward movement may continue as the weekly RSI has not caused any bearish divergence. Despite the weekly time frame providing a bullish outlook for Fetch.ai (FET), the daily one has provided a bearish one. This is primarily due to two reasons: Firstly, the daily RSI has generated bearish divergence, and the indicator has created three lower highs. These are signs that a downward movement for Fetch.ai (FET) could soon follow.

Secondly, Fetch.ai’s (FET) price has completed a five wave upward movement. The third and fifth wave of the Fetch.ai (FET) had a 1:1 ratio, which is quite common in these structures. When you combine these two facts with long-term resistance at $0.47, it indicates that Fetch.ai (FET) will decrease in price in the near future.

Investors excited about SingularityNET’s (AGIX) price growth

The weekly RSI for SingularityNET (AGIX) is constantly increasing, and has not caused any bearish divergence yet, despite being overbought. Thus, SingularityNET (AGIX) price is expected to continue increasing, and reach an all-time high.

SingularityNET (AGIX) is currently priced at $0.562842. The daily chart analysis, however, has given conflicting signs. While the SingularityNET (AGIX) price is in the fifth wave of increase, the surge has lost steam in the last 24 hours. Although the trend is unclear, a price high for SingularityNET (AGIX) is expected. If the RSI creates a bearish divergence once the price reaches a high, it could be an indication of which direction the SingularityNET (AGIX) price will move next.

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