Long
FTM - All Time Low - is it time to buy?

Fantom is going down with no sign of recovery. Once a very hyper project now, focus is shifted from it to others.
Fundamentally they have rolled out many development updates recently like
- Opera Mainnet is live
- Staking rewards
- Mobile app (iOs and Android)
- Desktop and web wallet
Latest update from the team can be found here - medium.com/fantomfoundation/opera-mainnet-v0-1-release-and-the-future-9e3bd9723472
Despite many updates, community is not really excited by updates and volume and price are dipping day by day.
It can be a contra move to buy it here as it just touched the bottom of downtrend channel and expect a bounce from here.
Fundamentally they have rolled out many development updates recently like
- Opera Mainnet is live
- Staking rewards
- Mobile app (iOs and Android)
- Desktop and web wallet
Latest update from the team can be found here - medium.com/fantomfoundation/opera-mainnet-v0-1-release-and-the-future-9e3bd9723472
Despite many updates, community is not really excited by updates and volume and price are dipping day by day.
It can be a contra move to buy it here as it just touched the bottom of downtrend channel and expect a bounce from here.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.