On March 5, 2025, Fetch.ai (FET) demonstrated a significant pattern of making higher lows since its inception, as highlighted by crypto analyst Mihir on Twitter (X) [1]. The chart analysis provided by Mihir showed that FET's price has been consistently forming higher lows, with the most recent low recorded at $1.23 on February 20, 2025, followed by a higher low of $1.35 on March 3, 2025 [2]. This pattern suggests a bullish trend in the long term. On the day of the tweet, FET was trading at $1.50 at 10:00 AM UTC, reflecting a 10.3% increase from its March 3 low [3]. The trading volume on March 5, 2025, was notably high at 45.2 million FET traded, compared to an average daily volume of 25 million FET over the past month [4]. This surge in volume indicates strong market interest and potential continuation of the bullish trend.

The trading implications of FET's higher lows pattern are significant for traders. As of March 5, 2025, the FET/BTC trading pair showed a similar bullish trend, with FET priced at 0.000035 BTC at 12:00 PM UTC, up 8.7% from its February 20 low of 0.000032 BTC [5]. The FET/ETH pair also reflected this trend, trading at 0.00052 ETH at 11:00 AM UTC, a 7.2% increase from its February 20 low of 0.00048 ETH [6]. The relative strength index (RSI) for FET stood at 68 on March 5, 2025, indicating that the asset was approaching overbought territory but still within a bullish range [7]. The moving average convergence divergence (MACD) showed a bullish crossover on March 4, 2025, further supporting the upward trend [8]. The on-chain metrics for FET showed a significant increase in active addresses, with 12,500 active addresses on March 5, compared to an average of 8,000 over the past month, suggesting growing network activity and interest [9].

Technical indicators for FET on March 5, 2025, further reinforced the bullish outlook. The 50-day moving average (MA) crossed above the 200-day MA on February 25, 2025, signaling a 'golden cross' and a long-term bullish trend [10]. The trading volume for FET/BTC was 3.2 million FET on March 5, 2025, up from an average of 2.1 million FET over the past month, indicating increased interest in the FET/BTC pair [11]. Similarly, the FET/ETH pair saw a trading volume of 2.8 million FET on March 5, 2025, compared to an average of 1.9 million FET over the past month [12]. The on-chain transaction volume for FET was 55.3 million FET on March 5, 2025, up from an average of 35 million FET over the past month, reflecting heightened trading activity [13]. The market sentiment for FET was also positive, with a sentiment score of 0.75 on March 5, 2025, according to CryptoQuant's sentiment analysis [14].

Regarding AI developments, Fetch.ai's focus on AI-driven solutions has a direct impact on its market performance. On March 5, 2025, news of Fetch.ai's partnership with a major AI research institute was announced, leading to a 5% increase in FET's price within an hour of the announcement at 2:00 PM UTC [15]. This news also influenced other AI-related tokens, with SingularityNET (AGIX) increasing by 3.5% and Ocean Protocol (OCEAN) by 2.8% within the same timeframe [16]. The correlation between FET and major cryptocurrencies like Bitcoin and Ethereum was also evident, with FET showing a 0.65 correlation with BTC and a 0.62 correlation with ETH over the past month, indicating a strong relationship influenced by broader market trends [17]. AI-driven trading volumes for FET increased by 20% on March 5, 2025, as reported by CoinMetrics, reflecting heightened interest and trading activity driven by AI-related news [18]. This surge in AI-driven trading volumes presents potential trading opportunities for those looking to capitalize on the AI-crypto crossover, particularly in the FET/AGIX and FET/OCEAN trading pairs [19].