Fetch.ai, SingularityNet, and Ocean Protocol Merge to Form $ASIThe world of decentralized artificial intelligence (AI) is witnessing a historic transformation as Fetch.ai, SingularityNet, and Ocean Protocol announce their strategic collaboration. This merger will consolidate all three influential tokens — NYSE:FET , NASDAQ:AGIX , and MIL:OCEAN — into a unified asset: the Artificial Superintelligence ( CSELK:ASI ) token. This bold move aims to position CSELK:ASI among the top 20 largest cryptocurrencies by market capitalization, with an estimated combined value of $7.5 billion.
CSELK:ASI Token Merger Gains Approval
The Artificial Superintelligence Alliance has confirmed community approval for this monumental merger. Following a robust voting process involving the communities of Fetch.ai and SingularityNET, the merger received an overwhelming endorsement. The project has now been rebranded as the Artificial Superintelligence Alliance, a groundbreaking entity poised to drive advancements in AI research and commercialization.
According to the Alliance, this integration will accelerate funding into Artificial General Intelligence (AGI) initiatives, facilitating the widespread accessibility of AI technologies and resources. The goal is to democratize AI, challenging the dominance of Big Tech and empowering decentralized ecosystems.
Dr. Ben Goertzel, Founder and CEO of SingularityNET, emphasized, “The merger represents a significant step toward democratizing AI development. By combining resources and aligning visions, we can make cutting-edge AI innovations accessible to a global audience and foster a fair, inclusive AI economy.”
The Impact on AI and Decentralization
The newly formed Artificial Superintelligence Alliance will be a formidable player in AI development and utilization. By merging expertise from Fetch.ai, SingularityNet, and Ocean Protocol, the Alliance will focus on creating innovative decentralized AI applications, optimizing DeFi services, and developing autonomous machine learning solutions.
The collaboration also comes in response to the growing demand for decentralized AI platforms that prioritize privacy, data security, and equitable distribution of value. By offering robust AI-driven services, the Alliance aims to disrupt traditional AI monopolies held by tech giants.
Technical Analysis of NYSE:FET
From a technical standpoint, NYSE:FET is exhibiting a bullish breakout from a falling wedge pattern, signaling potential upward momentum. Currently, the token faced rejection near the critical resistance level of $1.80, aligning with the 200-day moving average. However, there are promising opportunities ahead for swing traders.
A pullback to the $1.10 support level could present a compelling entry point, with a +30% upside potential to $1.50. The Relative Strength Index (RSI) stands at 49, suggesting a buildup of momentum that could soon push NYSE:FET through the wedge resistance and catalyze a strong bullish trend.
What Is Fetch.ai (FET)?
Fetch.ai, founded in 2017 and launched via Initial Exchange Offering (IEO) on Binance in 2019, is an AI laboratory that seeks to build an open, permissionless, and decentralized machine learning network. The Fetch.ai platform enables the use of autonomous AI agents to execute complex tasks using secure datasets, making AI technology accessible to everyone. Its use cases include optimizing decentralized finance (DeFi) trading services, managing transportation networks, developing smart energy grids, and enhancing travel operations.
Fetch.ai’s innovative approach aims to integrate AI into various industries, offering real-world solutions that leverage global networks of data and autonomous agents. By democratizing access to AI, Fetch.ai empowers users to harness sophisticated machine learning capabilities without needing centralized intermediaries.
Live Market Data and Performance
As of today, the Artificial Superintelligence Alliance is trading at $1.25, boasting a 24-hour trading volume of $155,861,109 and a market capitalization of $3,029,990,829. The token has surged by 10.59% in the last 24 hours, reflecting the excitement surrounding this merger. The Alliance ranks #27 on CoinMarketCap, with a circulating supply of 2.43 billion FET tokens and a maximum supply nearing 2.72 billion.
A Pivotal Moment for AI and Blockchain
The merger between Fetch.ai, SingularityNet, and Ocean Protocol is more than just a token consolidation; it represents a paradigm shift in the AI and blockchain landscapes. By joining forces, these projects are set to reshape the future of AI, promoting decentralized innovation and providing scalable, accessible AI solutions.
As the world increasingly embraces decentralized finance and AI-driven platforms, the Artificial Superintelligence Alliance stands at the forefront, prepared to lead the charge. Investors and technology enthusiasts alike will be keenly observing the developments of CSELK:ASI as it gears up to make its mark in the global crypto ecosystem.
Fetai
FETUSDT: Is a Major Breakdown Coming?Yello, Paradisers! Do you think #FETUSDT can survive the selling pressure, or is a major drop on the horizon?
💎#FET is currently trading within a rising wedge pattern, which is typically a bearish formation. While the price briefly flipped above its strong resistance levels, it quickly faced rejection on the second attempt, pushing it lower.
💎Currently, FET is struggling to reclaim the 1.50 - 1.560 resistance zone. As long as it remains below this level, the bulls will have a hard time gaining any momentum. This zone is the key battleground for FET. If the bulls manage to break through and establish control, we could see a strong push higher.
💎However, at the moment, FET is losing steam. If the bulls continue to fail to generate any significant buying pressure, FET is likely to drop further towards the ascending support level at 1.3220. While this level could offer some temporary relief, it might not be enough to change the overall bearish outlook.
💎If FET breaks below the ascending support, expect an initial drop towards the 1.23 - 1.19 zone, which is a moderate support. Failing to hold there, FET could see an even deeper decline towards the strong supports at 1.085 - 1.040.
Paradisers, it’s time to play it safe and avoid taking impulsive entries. Discipline and patience will pay off here.
MyCryptoParadise
iFeel the success🌴
FET Power Play: Riding the #AI Surge!I'm taking this bet here. It seems reasonable after the NFP data and unemployment rate.
I expect it to continue trending, and I'll use this along with GETTEX:TAO to gauge #AI strength. Let’s see how it plays out!
It has a clear invalidation point. I should have entered a bit lower at the trending MA, but it is what it is. The data is in our favor, and the conditions still look good for the #AI sector. Let’s see how this unfolds!
FET is trying to breakout !FET / USDT
As per our last BTC update I advised u not to over trading in these days .. you can see in this chart multiple fakouts occured With 2 main events of stoploss hunt of both long and short
Now all eyes on current attempt of breakout
Incase of successful breakout we can see very strong bullish wave on FET (the leader of AI coins )
You won't believe how much FET is falling!The FET symbol exploded by more than 900% in the previous months and then entered a correction.
Where I wrote "START" on the chart is where the FET symbol entered the corrective phase.
In the corrective phase The FET symbol, after completing a bearish wave (wave A), is now oscillating in a neutral range, appearing to be completing a large bearish triangle. After the completion of waves D and E, the FET symbol enters a large bearish wave C.
I marked the invalidation level on the chart. Closing a daily candle above this level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#FET/USDT 1HOUR UPDATE BY CRYPTOSANDERS !!Hello, dear traders welcome you to this FET/USDT 1hr chart analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello dear traders, If you find our charts helpful then support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
ENTRY:-$0.1810,$0.1850
TARGET:-10%
STOP LOSS:-$0.1720
LEVERAGE:-10X TO 20X
FET/USDT rising wedge pattern creates and buys the dip and green zone.
Thanks for your time, we hope our work is good for you, and you are satisfied, we wish you a good day and big profits.
THANK YOU.
Fetch.ai (FET) 21% Gaint to New ATHUpdate 30/03/21 Fetch.ai (FET) 21% Gaint to New ATH accumulate more coins from DCA zone. Happy Trading :). FET has been in this beautiful continuation pattern, See previous analysis below.
Update from 20/03/21 Fetch AI (FET) very strong bullish continuation pattern 56% Gain from Buy Zone 1 to the 127.20% Fibonacci level
Fetch AI (FET) in very strong bullish continuation pattern NEW ATH at the 127.20% Fib level @ $0.91. Fetch has been in a bullish continuation pattern since 01 /03/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on the swing call script. Fetch reached a new ATH @ $0.76 14 days after the buy signal triggered. From this bullish momentum from the 1st March to 14th March FET has shown little to no selling pressure retracing on every bullish move up down to the 78.60% Fibonacci level showing us weak retracements as traders take profit, but we are still in a very bullish sentiment and the Bulls are very much still in control. Since the 13EMA crossed up signalling a buy signal FET has failed to test the 50SMA until 18days after the start of this move towards the ATH @ $0.76 (18/03/21) where we saw a big wick rejection on the Daily chart showing strong upward pressure in the market from this key resistance level . Use Buy Zone 1 to map out your buys, we expect a bounce from this level back towards the ATH and further 127.20% Fibonacci level @ $0.91 with a potential 56% Gain from this level. With the release of Fetch AI's mainnet 2, we expect the bullish continuation pattern to continue as new partnerships will be announced shortly after the release of the new mainnet on the 31st March 2021. Happy Trading $FET #LongFet
Key Notes on Fetch AI:
Fetch.AI (FET) is a combination of Blockchain and artificial intelligence (AI), an ambitious project aimed at creating a fully automated economy based on autonomous “authorized agents.” Artificial intelligence and online agents will be used to perform various tasks that can simply be done by booking a hotel. Or more complex tasks such as weather modelling or supply chain design effectively.
Benefits:
Through its 3-layer structure, Fetch.ai proved superior to other protocols with the following advantages:
The elements (people, hardware, services, …) inside Fetch.ai can operate separately and in parallel with each other but can be quickly connected.
Fetch.ai simplifies the deployment of algorithms, IoT and complex systems. By using the AI / ML architecture, it allows software devices and agents to find each other, learn from each other and exchange value with each other, enhance and optimize solutions for Daily problems through intelligent connectivity, ML and AI.
Applicable in many fields, from transportation to tourism , even heavy industries (like steelmaking) can use the Fetch.ai protocol to improve performance and productivity.
As a platform that combines technologies that are considered to be the “future”: blockchain, Machine Learning (ML), artificial intelligence (AI).
Fetch AI (FET) Update very strong bullish continuation pattern Update 25/03/21 Fetch AI (FET) very strong bullish continuation pattern in play.
Fetch.ai back in Buy Zone 1. Stochastics showing an oversold market. Use buy zone 1 to map out your buys as we expect the Bulls to come back into the market to push the price back to the ATH @ $0.79. See below previous analysis. Happy Trading :)
Update from 20/03/21 Fetch AI (FET) very strong bullish continuation pattern 56% Gain from Buy Zone 1 to the 127.20% Fibonacci level
Fetch AI (FET) in very strong bullish continuation pattern NEW ATH at the 127.20% Fib level @ $0.91. Fetch has been in a bullish continuation pattern since 01 /03/21 when the 13 EMA crossed up the 50 SMA signalling a strong Buy signal on the swing call script. Fetch reached a new ATH @ $0.76 14 days after the buy signal triggered. From this bullish momentum from the 1st March to 14th March FET has shown little to no selling pressure retracing on every bullish move up down to the 78.60% Fibonacci level showing us weak retracements as traders take profit, but we are still in a very bullish sentiment and the Bulls are very much still in control. Since the 13EMA crossed up signalling a buy signal FET has failed to test the 50SMA until 18days after the start of this move towards the ATH @ $0.76 (18/03/21) where we saw a big wick rejection on the Daily chart showing strong upward pressure in the market from this key resistance level . Use Buy Zone 1 to map out your buys, we expect a bounce from this level back towards the ATH and further 127.20% Fibonacci level @ $0.91 with a potential 56% Gain from this level. With the release of Fetch AI's mainnet 2, we expect the bullish continuation pattern to continue as new partnerships will be announced shortly after the release of the new mainnet on the 31st March 2021. Happy Trading $FET #LongFet
Key Notes on Fetch AI:
Fetch.AI (FET) is a combination of Blockchain and artificial intelligence (AI), an ambitious project aimed at creating a fully automated economy based on autonomous “authorized agents.” Artificial intelligence and online agents will be used to perform various tasks that can simply be done by booking a hotel. Or more complex tasks such as weather modelling or supply chain design effectively.
Benefits:
Through its 3-layer structure, Fetch.ai proved superior to other protocols with the following advantages:
The elements (people, hardware, services) inside Fetch.ai can operate separately and in parallel with each other but can be quickly connected.
Fetch.ai simplifies the deployment of algorithms, IoT and complex systems. By using the AI / ML architecture, it allows software devices and agents to find each other, learn from each other and exchange value with each other, enhance and optimize solutions for Daily problems through intelligent connectivity, ML and AI.
Applicable in many fields, from transportation to tourism , even heavy industries (like steelmaking) can use the Fetch.ai protocol to improve performance and productivity.
As a platform that combines technologies that are considered to be the “future”: blockchain, Machine Learning (ML), artificial intelligence (AI).
FET/USDT 20% Gain Minimum!!No more resistance until around .02800 that 20%. If this plays out well 146% incoming!! Green lines represent resistance zones!
Hit the thumbs up button if you like my analysis, thank you.
This is not Financial advice.
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FET.AI ANALYSIS: BUY SIGNAL FIREDFET.AI ANALYSIS:
FET has broken to new lows, but staying inside of a strong falling wedge. The current daily green wick candle is breaching the new resistance. I expect this to be broken and a breakout of the wedge in a bullish tone to occur. The volume is still strong for FET even on the buy side with the recent low dip. The key take profit points are T1 at 454 sats, followed by T2 at 520 sats, and lastly T3 at 580 sats. ATR is nearing extreme lows at 30, and that is with the daily candle. Given that, plus the bounce on RSI gives this a much better chance of a clean breakout up to 200MA at T2.
Possible Entries: 400-415 sats