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Bullish momentum has returned to Fetch.ai's FET token with the price rallying 10% over the past week.
This upside move has propelled FET above its 20-day, 50-day, and 100-day exponential moving averages, which is often viewed as a precursor to further gains.
However, after briefly hitting a multi-month high of $0.2570 earlier today, some selling pressure has since emerged.
FET currently finds itself retesting support around the $0.23 level and its 100-day EMA....
Read More: Fetch.ai Price Pumps 10% - Experts Predict These 3 AI Coins Are Next Cryptos To Explode In September
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