Fantom (FTM) has remained one of many best-performing crypto property in the previous few weeks. There was after all some main information on the chain however the basic pattern was up. Nonetheless, we’re beginning to see the rally sluggish a bit. Listed below are some highlights:
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After exhibiting respectable upward momentum in the previous few days, FTM has been rejected firmly on the $2.40 resistance.
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At press time, the coin was buying and selling at $2.2 down about 6% for the final 24 hours.
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We count on Fantom (FTM) to retest the $2.4 threshold once more within the coming days.
Knowledge Supply: Tradingview
Fantom (FTM) – Can it surge to $3?
Properly, it’s fully attainable for FTM to hit the $3 mark within the coming days. Nonetheless, the coin might want to surge above the stiff overhead resistance of $2.4. Bulls did handle to push the value motion above that threshold however couldn’t maintain positive factors for lengthy.
In consequence, FTM has tanked by about 6% within the final 24 hours, bringing the coin to $2.2 at press time. We count on the token to retest $2.40 within the coming days.
If certainly bulls are in a position to push above that and hold the positive factors there, then Fantom will surge previous $3. But when there may be weak point, we may even see the token plunge in direction of its subsequent demand zone under $2.
Why you should purchase FTM now?
Fantom (FTM) is an modern blockchain venture that hopes to supply higher speeds and effectivity. It is without doubt one of the most underrated chains, and but it continues to publish positive factors after positive factors.
Proper now, its native token FTM has a market cap of round $5.3 billion. This can be a coin that also has a lot room to run and in reality, it is without doubt one of the most promising crypto property to purchase.
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