NVIDIA Stock Falls as Fetchai Cryptocurrency Gains 24% to Nearly $6.7 Million

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Fetch.ai price has increased by 24% in the past 24 hours and is currently trading at $1.67 at 4:15 AM ET. Trading volume has surged by 190% to $324.9 million.
The project allows users to build, deploy and obtain artificial intelligence services using its technology. At the same time, NVIDIA stock fell nearly 7% again in the past 24 hours.
Currently, NVIDIA's stock price is $118.11 per share, and some expect the decline to continue. NVIDIA's stock price has fallen by more than $111 in the past five days, although it is still up $3.71 compared to the same period last month.
#Nvidia
CEO Jensen Huang sold $95 million worth of stock last week, and other big players are now selling as well
$Nvidia

It also fell 6% today.
It fell from $140 to $118.
at the same time
#Bitcoin
It fell again and approached Rs 60K.
What happens next?
pic.twitter.com/czN3vbKCqV
— Amit Bhawani (@amitbhawani)
June 24, 2024
Meanwhile, Fetch.ai’s FET token has skyrocketed by 40% in the past week. However, the bear market effects seen in the past month are still ongoing, with the token down 28% in a month.
Currently, the FET price is struggling to break through the major resistance at $1.7, and if this level is broken, FET will have no problem returning to $2. The only problem is that the $1.7 resistance has rejected its price twice in the past two weeks and it still seems too strong now.
Fetch.ai Price Prediction
Despite the recent notable surge in the Fetch.ai price, there are some indicators that suggest this popular artificial intelligence token is about to face another price rejection. Currently, the token is approaching the $1.7 resistance, but there are signs that this will soon change and its price could fall again.
For example, Fetch.ai’s Bollinger Bands suddenly narrowed in the past few hours, just when the rally was halted and clearly indicated that the $1.7 resistance would not allow the coin to continue rising.
This is a very bearish signal and suggests that prices may soon start to correct.
The project’s relative strength index (RSI) value also sent a more bearish signal, rising to 86.67 yesterday, deep into the overbought zone. Just as Fetch.ai price tried to break through the above resistance, it failed.
Traders quickly started selling their FET tokens in anticipation of a price correction, which led to an increase in the project’s trading volume. Currently, the price has not caught up with the market activity and the market seems to be turning very bearish according to the RSI, which has dropped to 46.49.
Despite being in neutral territory right now, the RSI could continue to drop into oversold territory, at which point FET could fall again. So if you are a trader or investor holding Fetch.ai, be prepared to see another wave of bearish activity in the coming hours or even days.
Promising alternatives to Fetch.ai
While FET prices appear poised for a possible correction once again, there is an alternative that remains relatively safe compared to the rest of the market. This is also an AI cryptocurrency, but one that has gone a step further and delved into memecoin territory.
Related projects are named
WienerAI (WAI)
— A crypto project that combines dogs, sausages, and artificial intelligence to create a loyal, engaging, and technologically transcendent project.
WienerAI’s main product will be the upcoming trading bot — a trading companion similar to ChatGPT that allows users to query the market and simply inform the bot of the next move they wish to take. The bot will not only be able to instantly search the market, highlighting new opportunities using predictive technology, but will also conduct trading activities on behalf of the user.
The potential of WienerAI has also been recognized by the well-known cryptocurrency YouTube channel Cryptonews, which calls it the next artificial intelligence breakthrough.
WienerAI showed off some of the things in a recent preview, demonstrating how simple it is to swap coins and tokens using its upcoming trading companion, revealing that trading will be very easy to conduct once its product launches.
Think of WienerAI as ChatGPT for encryption.
Not only will this robot find profitable trades with unparalleled accuracy and provide meaningful explanations for its recommendations, but WienerAI is tradeable — meaning you don’t have to leave the app to make trades. (3/4)
pic.twitter.com/5HFpCmVOHh
— WienerAI (@WienerDogAI)
June 11, 2024
All of this is just the tip of the iceberg, the project also offers staking services and has the ability to evolve as new AI breakthroughs emerge, all of which supports its huge growth potential. Its presale is about to end, and it has raised nearly $6.4 million, selling WAI for $0.000722. You can buy it with ETH, USDT, BNB, or a credit/debit card.
As mentioned earlier, the project
Pre-sale
It will end soon, so don't wait too long to jump in. Its potential is huge and essentially unlimited, so giving it a chance could be very rewarding.
Visit the official WAI website.
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