Whale Buying Sends Fetch AI Price Bouncing Back After September Slump
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Fetch AI (FET) price currently at $0.21, down 20% from monthly high of $0.27 on September 3.
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Crypto whales recently bought 18.6 million FET tokens worth $4 million, coinciding with a bounce in NVIDIA stock price.
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Increased whale demand has boosted confidence among retail investors, with active buy orders for FET exceeding sell orders.
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If whale buying continues, FET price could reclaim $0.30, with initial resistance at $0.26 where traders bought 12.9 million tokens.
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Upside price prediction depends on whales sustaining buying pressure; downside risk if price falls below $0.15 support level.