{"id":646237,"date":"2024-10-04T20:00:59","date_gmt":"2024-10-04T20:00:59","guid":{"rendered":"https:\/\/www.uniquehot.com\/?p=646237"},"modified":"2024-10-04T10:28:21","modified_gmt":"2024-10-04T10:28:21","slug":"fet-rsi-signals-sustained-bearish-pressure","status":"publish","type":"post","link":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/","title":{"rendered":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure"},"content":{"rendered":"

R<\/span>ecent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in <\/span>bearish<\/span><\/a> territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn.\u00a0<\/span><\/p>\n

In the midst of the intensifying downside pressure, attention is shifting to the critical $0.9 support level. Holding this level is crucial for avoiding additional losses, as a breakdown could lead to more significant declines.<\/span><\/p>\n

With current market sentiment suggesting more losses may be in store, this article aims to analyze the ongoing bearish extension in FET, focusing on how the RSI signals increased bearish pressure. By examining key technical indicators and <\/span>market<\/span><\/a> trends, this piece will explore whether FET is likely to experience more declines or if any potential support levels could trigger a rebound.<\/span><\/p>\n

RSI Signals Growing Downside Momentum For FET<\/h2>\n

FET has recently shifted into bearish territory on the 4-hour chart, slipping below the 100-day Simple Moving Average (SMA) and heading toward the critical $0.9 <\/span>support<\/span><\/a> level. This decline below the 100-day SMA signals weakening momentum, with sellers gaining control over the market.<\/span><\/p>\n

\"FET\"
FET drops below the 100-day SMA, aiming at the $0.9 support level | Source: FETUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

An analysis of the 4-hour Relative Strength Index reveals that the signal line has decreased below 50%, and it is currently at 37%, reflecting increased selling pressure and diminishing buying interest. With the RSI in this territory, this points to the possibility of further downside movement for FET, highlighting a lack of bullish conviction in the market.<\/span><\/p>\n

Related Reading: FET: 30% Breakthrough Draws Investor Attention As New Developments Roll Out<\/a><\/div>\n

Furthermore, FET on the daily chart is displaying negative momentum after struggling to surpass the $1.8 <\/span>resistance<\/span><\/a> level. This struggle is highlighted by the formation of multiple bearish candlesticks, signaling persistent selling pressure in the market. Although the price remains above the 100-day SMA, which typically indicates a <\/span>bullish trend<\/span><\/a>, the inability to break through the $1.8 resistance suggests that upbeat strength is weakening, and FET could be poised for extended losses.<\/span><\/p>\n

\"FET\"
FET in a bearish trajectory following failure to surpass $1.8 resistance | Source: FETUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n

A closer examination of the RSI formation on the 1-day chart indicates that the RSI signal line has dropped to 44%, recently falling below the important 50% threshold. Typically, an RSI reading below 50 suggests a bearish sentiment, indicating that the asset is losing steam. Such a decline could signal potential deeper corrections for FET unless a reversal is observed.<\/span><\/p>\n

Key Support Levels To Watch Amid Bearish Sentiment<\/h2>\n

With bearish sentiment prevailing in the market, the $0.9 support level has become particularly crucial for FET. A breach below this level could ignite heightened selling pressure, possibly driving the price down toward the $0.4 support mark and beyond.<\/span><\/p>\n

Related Reading: FET Price Targets $3.4 After Breakout, Here Are The Key Levels To Watch<\/a><\/div>\n

If FET can maintain its strength and stay above the $0.9 support level, it may pave the way for a rebound, allowing the price to drift back toward the $1.8 resistance zone. A successful <\/span>breakout<\/span><\/a> above this key resistance level could spark a surge in buying activity, resulting in further <\/span>gains<\/span><\/a> as bullish momentum builds. Observing how FET reacts to these levels will be crucial, as they will indicate whether a recovery is on the horizon or if bearish pressure will reassert itself.<\/span><\/p>\n

\"FET\"
FET trading at $1.3 on the 1D chart | Source: FETUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image from Medium, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Recent price action is painting a bearish picture for FET, with the Relative Strength Index (RSI) signaling the potential for further declines. As the RSI hovers in bearish territory, the momentum seems to be favoring sellers, raising concerns of a deeper downturn.\u00a0 In the midst of the intensifying downside pressure, attention is shifting to the critical $0.9 support level. Holding this level is crucial for avoiding additional losses, as a breakdown could lead to more significant declines. With current market sentiment suggesting more losses may be in store, this article aims to analyze the ongoing bearish extension in FET, focusing on how the RSI signals increased bearish pressure. By examining key technical indicators and market trends, this piece will explore whether FET is likely to experience more declines or if any potential support levels could trigger a rebound. RSI Signals Growing Downside Momentum For FET FET has recently shifted into bearish territory on the 4-hour chart, slipping below the 100-day Simple Moving Average (SMA) and heading toward the critical $0.9 support level. This decline below the 100-day SMA signals weakening momentum, with sellers gaining control over the market. An analysis of the 4-hour Relative Strength Index reveals that the signal line has decreased below 50%, and it is currently at 37%, reflecting increased selling pressure and diminishing buying interest. With the RSI in this territory, this points to the possibility of further downside movement for FET, highlighting a lack of bullish conviction in the market. Related Reading: FET: 30% Breakthrough Draws Investor Attention As New Developments Roll Out Furthermore, FET on the daily chart is displaying negative momentum after struggling to surpass the $1.8 resistance level. This struggle is highlighted by the formation of multiple bearish candlesticks, signaling persistent selling pressure in the market. Although the price remains above the 100-day SMA, which typically indicates a bullish trend, the inability to break through the $1.8 resistance suggests that upbeat strength is weakening, and FET could be poised for extended losses. A closer examination of the RSI formation on the 1-day chart indicates that the RSI signal line has dropped to 44%, recently falling below the important 50% threshold. Typically, an RSI reading below 50 suggests a bearish sentiment, indicating that the asset is losing steam. Such a decline could signal potential deeper corrections for FET unless a reversal is observed. Key Support Levels To Watch Amid Bearish Sentiment With bearish sentiment prevailing in the market, the $0.9 support level has become particularly crucial for FET. A breach below this level could ignite heightened selling pressure, possibly driving the price down toward the $0.4 support mark and beyond. Related Reading: FET Price Targets $3.4 After Breakout, Here Are The Key Levels To Watch If FET can maintain its strength and stay above the $0.9 support level, it may pave the way for a rebound, allowing the price to drift back toward the $1.8 resistance zone. A successful breakout above this key resistance level could spark a surge in buying activity, resulting in further gains as bullish momentum builds. Observing how FET reacts to these levels will be crucial, as they will indicate whether a recovery is on the horizon or if bearish pressure will reassert itself. Featured image from Medium, chart from Tradingview.com<\/p>\n","protected":false},"author":608,"featured_media":646247,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[87767],"tags":[92835,87565,87768,87769,16393,14763,91599,85676],"class_list":["post-646237","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fetch-ai-fet","tag-bearish-candlesticks","tag-fet","tag-fetusd","tag-fetusdt","tag-relative-strength-index","tag-rsi","tag-simple-moving-average","tag-sma"],"acf":[],"yoast_head":"\nFET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure<\/title>\n<meta name=\"description\" content=\"FET recent price action is painting a bearish picture, with the Relative Strength Index (RSI) signaling the potential for further declines.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure\" \/>\n<meta property=\"og:description\" content=\"FET recent price action is painting a bearish picture, with the Relative Strength Index (RSI) signaling the potential for further declines.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-04T20:00:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-04T10:28:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Godspower Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@NFTwerey\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Godspower Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\"},\"author\":{\"name\":\"Godspower Owie\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/person\/4ef68821297ee4c687c35480d0cb2e99\"},\"headline\":\"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure\",\"datePublished\":\"2024-10-04T20:00:59+00:00\",\"dateModified\":\"2024-10-04T10:28:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\"},\"wordCount\":603,\"publisher\":{\"@id\":\"https:\/\/www.uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400\",\"keywords\":[\"Bearish Candlesticks\",\"fet\",\"fetusd\",\"fetusdt\",\"Relative Strength Index\",\"RSI\",\"Simple Moving Average\",\"SMA\"],\"articleSection\":[\"Fetch AI (FET)\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\",\"url\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\",\"name\":\"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure\",\"isPartOf\":{\"@id\":\"https:\/\/www.uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400\",\"datePublished\":\"2024-10-04T20:00:59+00:00\",\"dateModified\":\"2024-10-04T10:28:21+00:00\",\"description\":\"FET recent price action is painting a bearish picture, with the Relative Strength Index (RSI) signaling the potential for further declines.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage\",\"url\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400\",\"contentUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400\",\"width\":1200,\"height\":400},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.uniquehot.com\/#website\",\"url\":\"https:\/\/www.uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/person\/4ef68821297ee4c687c35480d0cb2e99\",\"name\":\"Godspower Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/c99f06299c952808ff36bf1afb45607a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/c99f06299c952808ff36bf1afb45607a?s=96&d=mm&r=g\",\"caption\":\"Godspower Owie\"},\"description\":\"My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.\",\"sameAs\":[\"https:\/\/x.com\/NFTwerey\"],\"url\":\"https:\/\/www.uniquehot.com\/author\/godspowerowie\/\"}]}<\/script>\n","yoast_head_json":{"title":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure","description":"FET recent price action is painting a bearish picture, with the Relative Strength Index (RSI) signaling the potential for further declines.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/","og_locale":"en_US","og_type":"article","og_title":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure","og_description":"FET recent price action is painting a bearish picture, with the Relative Strength Index (RSI) signaling the potential for further declines.","og_url":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-10-04T20:00:59+00:00","article_modified_time":"2024-10-04T10:28:21+00:00","og_image":[{"width":1200,"height":400,"url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400","type":"image\/jpeg"}],"author":"Godspower Owie","twitter_card":"summary_large_image","twitter_creator":"@NFTwerey","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Godspower Owie","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#article","isPartOf":{"@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/"},"author":{"name":"Godspower Owie","@id":"https:\/\/www.uniquehot.com\/#\/schema\/person\/4ef68821297ee4c687c35480d0cb2e99"},"headline":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure","datePublished":"2024-10-04T20:00:59+00:00","dateModified":"2024-10-04T10:28:21+00:00","mainEntityOfPage":{"@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/"},"wordCount":603,"publisher":{"@id":"https:\/\/www.uniquehot.com\/#organization"},"image":{"@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400","keywords":["Bearish Candlesticks","fet","fetusd","fetusdt","Relative Strength Index","RSI","Simple Moving Average","SMA"],"articleSection":["Fetch AI (FET)"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/","url":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/","name":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure","isPartOf":{"@id":"https:\/\/www.uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage"},"image":{"@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage"},"thumbnailUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400","datePublished":"2024-10-04T20:00:59+00:00","dateModified":"2024-10-04T10:28:21+00:00","description":"FET recent price action is painting a bearish picture, with the Relative Strength Index (RSI) signaling the potential for further declines.","breadcrumb":{"@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#primaryimage","url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400","contentUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400","width":1200,"height":400},{"@type":"BreadcrumbList","@id":"https:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure"}]},{"@type":"WebSite","@id":"https:\/\/www.uniquehot.com\/#website","url":"https:\/\/www.uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/www.uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.uniquehot.com\/#\/schema\/person\/4ef68821297ee4c687c35480d0cb2e99","name":"Godspower Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/c99f06299c952808ff36bf1afb45607a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c99f06299c952808ff36bf1afb45607a?s=96&d=mm&r=g","caption":"Godspower Owie"},"description":"My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They\u2019ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won\u2019t trade them for anything else in this world. I was exposed to the cryptocurrency world 3 years ago and got so interested in knowing so much about it. It all started when a friend of mine invested in a crypto asset, which he yielded massive gains from his investments. When I confronted him about cryptocurrency he explained his journey so far in the field. It was impressive getting to know about his consistency and dedication in the space despite the risks involved, and these are the major reasons why I got so interested in cryptocurrency. Trust me, I\u2019ve had my share of experience with the ups and downs in the market but I never for once lost the passion to grow in the field. This is because I believe growth leads to excellence and that\u2019s my goal in the field. And today, I am an employee of Bitcoinnist and NewsBTC news outlets. My Bosses and co-workers are the best kinds of people I have ever worked with, in and outside the crypto landscape. I intend to give my all working alongside my amazing colleagues for the growth of these companies. Sometimes I like to picture myself as an explorer, this is because I like visiting new places, I like learning new things (useful things to be precise), I like meeting new people - people who make an impact in my life no matter how little it is. One of the things I love and enjoy doing the most is football. It will remain my favorite outdoor activity, probably because I'm so good at it. I am also very good at singing, dancing, acting, fashion and others. I cherish my time, work, family, and loved ones. I mean, those are probably the most important things in anyone's life. I don't chase illusions, I chase dreams. I know there is still a lot about myself that I need to figure out as I strive to become successful in life. I\u2019m certain I will get there because I know I am not a quitter, and I will give my all till the very end to see myself at the top. I aspire to be a boss someday, having people work under me just as I\u2019ve worked under great people. This is one of my biggest dreams professionally, and one I do not take lightly. Everyone knows the road ahead is not as easy as it looks, but with God Almighty, my family, and shared passion friends, there is no stopping me.","sameAs":["https:\/\/x.com\/NFTwerey"],"url":"https:\/\/www.uniquehot.com\/author\/godspowerowie\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure","url":"http:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.uniquehot.com\/news\/fetch-ai-fet\/fet-rsi-signals-sustained-bearish-pressure\/"},"thumbnailUrl":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400"},"articleSection":"Fetch AI (FET)","author":[{"@type":"Person","name":"Godspower Owie"}],"creator":["Godspower Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bearish candlesticks","fet","fetusd","fetusdt","relative strength index","rsi","simple moving average","sma"],"dateCreated":"2024-10-04T20:00:59Z","datePublished":"2024-10-04T20:00:59Z","dateModified":"2024-10-04T20:00:59Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"FET At Risk Of Further Decline? RSI Signals Sustained Bearish Pressure\",\"url\":\"http:\\\/\\\/www.uniquehot.com\\\/news\\\/fetch-ai-fet\\\/fet-rsi-signals-sustained-bearish-pressure\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.uniquehot.com\\\/news\\\/fetch-ai-fet\\\/fet-rsi-signals-sustained-bearish-pressure\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/FET-from-Medium-3.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/FET-from-Medium-3.jpg?fit=1200%2C400\"},\"articleSection\":\"Fetch AI (FET)\",\"author\":[{\"@type\":\"Person\",\"name\":\"Godspower Owie\"}],\"creator\":[\"Godspower Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bearish candlesticks\",\"fet\",\"fetusd\",\"fetusdt\",\"relative strength index\",\"rsi\",\"simple moving average\",\"sma\"],\"dateCreated\":\"2024-10-04T20:00:59Z\",\"datePublished\":\"2024-10-04T20:00:59Z\",\"dateModified\":\"2024-10-04T20:00:59Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.uniquehot.com\/wp-content\/uploads\/2024\/10\/FET-from-Medium-3.jpg?fit=1200%2C400","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts\/646237"}],"collection":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/users\/608"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/comments?post=646237"}],"version-history":[{"count":3,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts\/646237\/revisions"}],"predecessor-version":[{"id":646264,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/posts\/646237\/revisions\/646264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/media\/646247"}],"wp:attachment":[{"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/media?parent=646237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/categories?post=646237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uniquehot.com\/wp-json\/wp\/v2\/tags?post=646237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}