FET Price Remains Weak, Despite Sector Gains – Analysis Points to Cautious Outlook

Fetch.AI’s (FET) price continues to exhibit weakness despite positive momentum within the broader cryptocurrency market. Chart analysis from More Crypto Online suggests a lack of decisive upward movement, with no clear indication of wave c following B-wave bounce. 78.6% Fibonacci retracement level (approximately $0.362) is identified as critical resistance, while support lies near $0.26 and $0.19. Market sentiment appears impacted by selling pressure from Ocean Protocol and technical stagnation. The latest chart analysis on October 21st points to a cautious outlook for FET as the cryptocurrency struggles to escape a downtrend.