1 FET = ₿795 Satoshi - Is there a chance the price trend might go up again?

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Fetch.ai's long-term price trend against Bitcoin, as measured by the Ultimate Moving Average, reached a high of almost ₿900 Satoshi around September 19, but has since fallen back to its current level.

The SuperTrend indicator, a popular technical tool that helps traders identify trends, has recently started to generate sell signals, suggesting that the market may be entering a bearish phase.

Fetch.ai has been getting cheaper against Bitcoin lately. Is there a chance it might go up again?

Fetch.ai is a promising investment opportunity, but it is important to monitor the market carefully before making any investment decisions.

About Fetch.ai (FET)

Fetch.ai (FET) is a blockchain-based artificial intelligence (AI) and machine learning (ML) platform. It aims to democratize access to AI technology by providing a permissionless network where anyone can connect and access secure datasets to build and deploy AI applications.

Fetch.ai uses a system of autonomous AI agents to execute tasks on behalf of users. These agents can be programmed to perform a wide range of tasks, such as:

Trading assets
Managing supply chains
Optimizing energy grids
Automating tasks in the gig economy
Providing personalized recommendations
And more

Fetch.ai's native cryptocurrency, FET, is used to pay for transactions and the use of smart agents on the network.

Here are some of the key benefits of using Fetch.ai:

Decentralization: Fetch.ai is a decentralized platform, which means that it is not controlled by any single entity. This makes it more secure and resistant to censorship.
Privacy: Fetch.ai uses a variety of privacy-preserving technologies to protect user data.
Scalability: Fetch.ai is designed to be scalable, so that it can handle a large number of users and transactions.
Flexibility: Fetch.ai is a flexible platform that can be used to build a wide range of AI applications.

Fetch.ai is still under development, but it has the potential to revolutionize the way we use AI. It is already being used by a number of companies and organizations to build and deploy AI applications in a variety of industries.

Here are some examples of how Fetch.ai is being used today:

Skyscanner is using Fetch.ai to power its new AI-powered flight search engine.
Ocean Protocol is using Fetch.ai to create a decentralized marketplace for data.
Bosch is using Fetch.ai to develop a decentralized IoT platform.
The city of Taipei is using Fetch.ai to develop a smart city platform.

Fetch.ai is a promising project with a lot of potential. It is worth keeping an eye on as it continues to develop.

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