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FTM has been the perfect performer amongst the highest 100 cryptocurrencies by market cap within the final 24 hours.
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The rally comes after Fantom introduced its integration with Ledger Dwell.
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FTM might rally towards the $0.270 resistance stage within the close to time period.
Fantom integrates with Ledger Dwell
FTM, the native token of the Fantom blockchain, is the perfect performer amongst the highest 100 cryptocurrencies by market cap to date at present. It has added 10% to its worth within the final 24 hours.
The rally comes after the Fantom Basis introduced that Fantom had built-in with Ledger Dwell.
Fantom simply arrived on @Ledger Dwell!
Customers can now ship, obtain & view their $FTM immediately via the Ledger Dwell app.https://t.co/cfbXguC0US pic.twitter.com/PFUPEyQkrW
— Fantom Basis (@FantomFDN) November 29, 2022
Ledger is without doubt one of the main {hardware} pockets producers within the cryptocurrency area. This latest cryptocurrency news implies that customers can now ship, obtain and think about their FTM immediately via the Ledger Dwell app.
The broader crypto market has been performing properly since its poor begin to the week. The full crypto market cap is now above $850 billion after including 2% to its worth over the previous couple of hours.
Bitcoin can also be up by greater than 2% within the final 24 hours. At press time, the price of Bitcoin stands near the $17k resistance stage.
Key ranges to observe
The FTM/USD 4-hour chart is bullish, as Fantom has been performing properly in the previous couple of days. Technical indicators present that FTM is outperforming the broader cryptocurrency market.
With the MACD line above the impartial zone, bulls are presently accountable for the Fantom market. Moreover, the 14-day relative power index (RSI) of 84 signifies that FTM could be very near coming into the overbought zone.
At press time, FTM is buying and selling at $0.2395 per coin. With the bulls nonetheless in cost, FTM might surge previous the $0.270 resistance stage within the coming hours.
Nevertheless, FTM would wish the assist of the broader cryptocurrency market to interrupt previous the $0.30 resistance stage for the primary time in almost one month.
The place to purchase Fantom now
eToro
eToro presents a variety of cryptos, equivalent to Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.
Binance
Binance is without doubt one of the largest cryptocurrency exchanges on the earth. It’s higher suited to extra skilled traders and it presents numerous cryptocurrencies to select from, at over 600.
Binance can also be recognized for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, equivalent to; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.