Sunday, May 19, 2024

FTM/USD Rebounds as Worth Hits $0.55 Degree


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The Fantom value prediction reveals that FTM is gaining extra energy because the coin crosses above the shifting averages.

Fantom Prediction Statistics Information:

  • Fantom value now – $0.55
  • Fantom market cap – $1.4 billion
  • Fantom circulating provide – 2.7 billion
  • Fantom complete provide – 3.1 million
  • Fantom Coinmarketcap rating – #41

FTM/USD Market

Key Ranges:

Resistance ranges: $0.70, $0.75, $0.80

Help ranges: $0.40, $0.35, $0.30

Fantom Price Prediction for Today, February 21: FTM/USD Rebounds as Price Hits $0.55 Level
FTMUSD – Every day Chart

FTM/USD might proceed to refresh to the upside because the coin at the moment trades at $0.54 with a bullish crossover and pattern intraday. As we speak, the Fantom value is prone to face the higher boundary of the channel as increased resistance might come within the subsequent optimistic course.

Fantom Worth Prediction: Fantom Worth Might Spike to the Upside

The Fantom value is prone to improve the bullish motion if the worth will increase and heads towards the higher boundary of the channel. In the intervening time, the technical indicator Relative Power Index (14) is prone to cross above the 60-level; and it might ship bullish alerts into the market to encourage extra consumers.

In the meantime, if the 9-day shifting common crosses above the 21-day shifting common, it’s for the affirmation that the coin will head to the north, and the worth might hit the closest resistance ranges at $0.70, $0.75, and $0.80 respectively. Quite the opposite, if the technical indicator Relative Power Index (14) slides beneath the 50-level, there could also be a little bit retreat to the south, which might convey the market value to the assist ranges of $0.40, $0.35, and $0.30.

In opposition to Bitcoin, Fantom (FTM) might cross above the 9-day and 21-day shifting averages as the worth heads to the upside. In the meantime, the truth that the market retains shifting in the identical course throughout the channel, the crypto is prone to type a bullish motion if the technical indicator Relative Power Index (14) strikes to cross above the 60-level.

FTMBTC – Every day Chart

However, if the consumers push the market value in direction of the higher boundary of the channel, crossing above this barrier might hit the resistance stage of 3000 SAT and above. In the meantime, merchants ought to be careful for any sturdy promoting strain which might convey the worth beneath the decrease boundary of the channel, this might entice new sellers coming into the market with the subsequent concentrate on the assist stage of 1300 SAT and beneath.

Fantom Options

On the time of writing, the Fantom value is buying and selling bullishly and it might proceed to maneuver upwards if the worth crosses above the higher boundary of the channel. However, the FGHT token is on the heart of Combat Out’s ecosystem. It’s an ERC-20 token constructed on Ethereum’s community and there has already been near $5 million raised through the Combat Out presale.

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