Fetch.ai and Worldcoin Price Prediction: AI Coins Present Retest Entry For Wild Returns

The post Fetch.ai and Worldcoin Price Prediction: AI Coins Present Retest Entry For Wild Returns appeared first on Coinpedia Fintech News

The Artificial Intelligence coins are making a comeback with a boom after the announcement of the text-to-video update by OpenAI. Skyrocketing the demand at an astronomical level, Fetch.ai and Worldcoin are making waves in the crypto world. 

Further, the growing momentum in the altcoin market, the rising desperation and the confidence of old investors are fueling the bull run.  Following the remarkable jump last week, let’s check if the crypto AI coins have enough fuel to continue running this week. 

So, let’s have a look at the FET and WLD price charts for a trend continuation. 

Will Fetch.ai Price Jump 30% With This Retest?

With a continuation of the bullish trend, the FET price dominates the $1 mark, accounting for 90% in the last two weeks. Further, the explosion in buying pressure reflected in the trading volume supports the possibility of an uptrend continuation. 

Source: TradingView

Rising into the Top 100 biggest crypto per market cap, Fetch.ai is closing to the $1 Billion mark, currently standing at $837 million. Fetch.ai offers a decentralized network that makes AI technology accessible to everyone. 

Through a permissionless platform, users can easily connect and utilize secure datasets. Autonomous AI agents carry out tasks, leveraging a worldwide network of information, enabling seamless execution of complex functions.

As per the trend-based Fibonacci levels, the uptrend is retesting the $1 breakout and may shortly prolong the prevailing uptrend. Further, with the potential $1.10 breakout, the AI-based altcoin can reach the $1.3161 mark. 

Is Worldcoin Ready For A New All-time High?

With more than double the growth of Fetch.ai, Worldcoin displays an astronomical jump of 204% in the last two weeks. With a basis point shy of $8, the WLD coin price reverts to retest the breakout of $6.23. 

Accounting for an intense but comparatively shorter pullback of 12%, the WLD price forms a piercing bearish candle in the daily chart. 

Source: TradingView

In the weekly chart, however, the bullish dominance is undeniable and projects a potential trend continuation. Despite the higher price rejection in the weekly candle, the WLD coin is projecting a new breakout run in the coming weeks.

Ranking at the 84th position with a $881 million market cap, the biggest AI coin is closing in on the $1 Billion market cap. 

As per the technical analysis, Worldcoin can reach the $10 mark in the coming weeks. Further, the recent $6.2 retest will signal an entry spot to buy the dip. Upon the post-retest reversal, the path to $10 might be a comparatively quicker one.