Fetch.ai Up By 6.13% – Time To Buy FET?
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- Investors to buy FET as the asset maintains an upward trend
- ZoidPay to use FET token as mode of payment
- Fetch.ai partners with West Ham United as the first official AI partner
The adoption of AI to aid efficiencies in industries has become widespread over the years. As a result, some blockchains incorporate AI to build effective ecosystems. Among such blockchain networks is Fetch.ai.
Fetch.ai stands out among its contemporaries as it integrates two of the effective technologies of our generation – blockchain and Artificial Intelligence. Hence, developers and investors who buy FET gain access to machine-learning-based utilities on the blockchain. With these technologies, FET has the potential to become one of the most outstanding cryptos with its constant upgrades and many developer activities.
Fetch.ai Partners With West Ham United As First Official AI Partner
Fetch.ai partnered with West Ham United to become the Club’s first exclusive Official Artificial Intelligence Partner. West Ham United is considered one of the most prominent clubs in London. Therefore, this partnership may spur more users and investors to buy FET.
The terms of the partnership will enable West Ham United to incorporate AI into its everyday activities. In addition, Fetch.ai and its applications will be promoted in West Ham United’s matches. Consequentially, Fetch.ai will be publicised at London Stadium across the LED perimeter advertising system and displays.
Fetch.ai is also the Official Global Partner of West Ham United (Non-exclusive) and the Official Partner of West Ham United Women’s Football Club (Non-Exclusive).
ZoidPay to Use FET Token as Mode of Payment
Fetch.ai is set for big wins as it partners with ZoidPay, a crypto liquidity platform. ZoidPay seeks to leverage its partnership with Fetch.ai to expand its market-leading and innovative crypto liquidity solutions to FET holders. As a result of this partnership, FET will become a worldwide mode of payment.
Single Euro Payments Area (SEPA) residents can now download the ZoidPay Chrome Extension for use. Users who complete this one-time KYC within the Chrome Extension can enjoy a monthly purchase limit of €100,000 a month. In addition, they are required to create a Euro Wallet for the issuance of a Virtual Card.
The blockchain has revealed that plans are being made to launch many consumer-facing applications within the year.
FET is now an accepted mode of payment across over 100 million online retailers. Hence, FET holders will be granted instant liquidity and access to shop using the ZoidPay Chrome Extension.
In addition, the various payment services that can be used with FET include booking a travel trip on Skyscanner and shopping on eBay and Amazon.
FET Technical Analysis
At press time, FET’s price is $0.28, up 6.13%. The digital asset’s technical indicators reveal a bullish trend for investors who intend to buy FET.
FET shows a 50-day moving average value of $0.28 and a 50-day exponential moving average of $0.28. As a result, FET’s current price and indicators are trading side by side. However, the digital asset’s price is slightly above its long term indicators.
Presently, the crypto asset is trading above the 78.6% Fibonacci retracement threshold of $0.28. In addition, the moving average convergence and divergence (MACD) indicator is slightly positive, revealing a buy signal.
FET’s relative strength index of 41.82 shows that the token is trading in the underbought region. This reveals a great opportunity for investors to buy FET and rise with the market.
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