Markets· ★★· bearish·

FET Falls 7.6% From the Open on Oct. 24 as Selling Pressure Builds

  • —FET at $0.173, intraday low $0.1705, volume $184.6 million
  • —RSI 36.8 and stochastic at 3.6% signal oversold conditions without a reversal
  • —Price sits below the 7/15/30/50/200-day SMAs and the intraday VWAP
  • —A 2.43 million FET unlock for AGIX is scheduled for Oct. 28
Why it matters: FET's slide underscores pressure across altcoins, with no catalyst and thin volume leaving room for further downside.
Source: DiarioBitcoin