FET Surges on Bitget Service Resumption
Fetch.ai's (FET) price surged by 14.79% in a strong daily rally, reaching $0.1808. The asset's current position above its short- and medium-term moving averages indicates positive momentum for the session.
The resumption of deposit and withdrawal services by Bitget has restored access to traders and investors, increasing on-exchange liquidity and reducing uncertainty around asset accessibility. This move supports renewed demand and explains the current buying interest in Fetch.ai.
Technically, FET remains above its MA-20 ($0.1721) and MA-50 ($0.1612) but below the MA-200 ($0.1879). The Ichimoku Kijun provides immediate support at $0.17. Momentum indicators, such as MACD and ADX, continue to indicate buy signals, pointing to robust short-term momentum.