No. Fetch.ai

**Fetch.ai (FET) is consolidating near key support and shows mixed momentum signals, with potential for bullish continuation in the medium to long term**: 1. **Current Consolidation**: Fetch.ai is consolidating near the $0.66 support level, showing mixed signals with bearish momentum on the MACD but a rising RSI indicating possible accumulation. 2. **Technical Analysis**: The token is consolidating within a symmetrical triangle pattern, with a critical decision point at the $0.618 Fibonacci retracement level around $0.78. Breaking out of this triangle could signal a significant move. 3. **Elliott Wave Analysis**: The Elliott Wave analysis suggests a potential bullish continuation, with wave 5 structure targeting prices up to $4.00. This suggests a medium to long-term bullish outlook. 4. **Market Sentiment**: The partnership with Twin Vee PowerCats is expected to enhance the online boating marketplace experience, potentially driving demand for FET. Additionally, the collaboration with Freight Technologies indicates a strategic expansion into the logistics sector, which could enhance FET's utility and value. 5. **Technical Indicators**: The RSI's gradual rise suggests increasing buying interest despite bearish MACD signals, indicating potential accumulation and a possible trend reversal near support levels. 6. **Long-Term Projections**: The long-term Elliott Wave projections target $1.25, $1.60, and $4.00, indicating a potential for substantial price appreciation if the bullish Wave 5 structure confirms. In conclusion, Fetch.ai (FET) shows a mixed outlook in the short term but has potential for bullish continuation in the medium to long term, driven by technical indicators and strategic partnerships. Investors should consider their risk tolerance and investment horizon when deciding on FET.