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FTM

FTM is Trapped, What Now?FTM is trapped between two levels, so what happens now? What is FMT? Fantom (FTM) is a decentralized blockchain platform designed to facilitate instant transactions at low fees, making it ideal for businesses and developers who need to process large volumes of transactions. FTM’s current situation FTM experienced an impressive rally recently, with its value increasing by 220% from January 1 to February 3. Despite this surge, FTM is still priced relatively low compared to its all-time high, which would require a further 600% increase in value to reach. However, FTM has been struggling to break above the $0.66 resistance level and is currently trapped between the $0.66 resistance and the $0.40 support. If FTM manages to break through the current resistance level, the next levels it would have to overcome are $1.00 and $1.60. On the downside, if FTM breaks below the $0.40 support, $0.165 is the next significant support level. However, given the current market conditions, it is unlikely that the price will drop that low. Instead, the 200 Simple Moving Average (SMA), which acts as a mobile support and resistance, is a more probable level of support. Bottom Line: FTM is an exciting cryptocurrency to watch as it continues to gain popularity and attract investors. Its low transaction fees and fast transaction times make it an attractive option for businesses and developers. However, as with any investment, it's essential to do your research and proceed with caution before investing in FTM or any other asset.
by cryptohopper
1
FTMUSDT 1H - Crucial pointFTMUSDT 1H FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184. We follow the supports and resistances no 1H: Main support levels : 0.5357 / 0.5184 Main Resistance Levels : 0.5183 / 0.6013 MACD is neutral RSI : Exhaustion Buying Forces EMAs are neutral FTM has reached a crucial point, where the buying force is forced to continue or the price breaks above resistance, and will look for the 0.5783 region. In case of rejection, you may experience supports between 0.5357 and 0.5184.
by ferulianov
FTM USDT , How Fantom Is Going To Be The Next 4x Gigantom!BINANCE:FTMUSDT FTM has been one of my favorite altcoin which i bought at 0.2$ and reached the price of 0.65$ which is almost 3x gain in the times when everybody's mom was dead bearish on overall crypto market. Here is that tweet posted on 4th Jan : At that time FTM was at the MAJOR SUPPORT! and it made a Bullish Divergence on RSI in Weekly Timeframe! Which was the Biggest Bullish Signal which nobody saw!. And now And Now, It broke the consolidation of 280 days and retested it. Retesting the Range after breakout it a buy condition and also it has now bounced from it and making bullish trends on lower time frames Even if we calculate the current retracement it comes out to be exact at 0.618 Fib Levels For Swing Setup, Invalidation would be break below 0.4$ and targets would be 0.84$-1$-1.6$-2$ That's it for FTM Please do like and comment your doubts below and let me know whether you liked the analysis or what you can add more to it. :) Thank you
Long
by Traders_skooll
2
🔥FANTOM: DON'T MISS THIS TRADE AND MAKE +51% PROFIT TO HIGH🔥Hi, friends! All altcoins make a pullback with BTC. It was so expected. FTM falls to the closest imbalance at $0.42-0.44 and now tries to recover. I make the 2 trading plans for you, friends. 📊 MY TRADING PLANS FOR FTM: 1. I can expect the pullback to the area of $0.52-0.57 and return to this imbalance which becomes the support. Here we will try to find the entry point to long again but with targets above $0.66 local highs. 2. FTM returns to the value area of $0.47-0.48 and test it as the resistance. The price has to fall below the local lows to take more sl of the long traders and make a false breakout. There will be a time to open the longs. ✅ MY TARGETS FOR FTM: 🔥 $0.6 - the key level 🔥 $0.65- the key level and local highs 🚩Traders, what targets do you have for FTM? What is your favourite altcoin to trade? Write your thoughts in the comments! 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
7
The price fluctuationsThe buying pressure in the weekly timeframe caused a temporary break of the $0.50 range. But price stabilization has not been observed in the weekly timeframe above this area. 5 consecutive weekly candles and breaking the previous static resistance levels is a very strong sign for the continuation of this movement after the correction. After the price of Fantom entered the corrective wave, the first important support is located in the range of $0.36-$0.38, where we expect a positive swing from this range. But the second support of FTM is considered in the range of $0.278 to $0.320. This support level is an important supply and demand range in daily time, which has the potential for a stronger positive reaction. Its trend in the 4-hour timeframe is bearish, for which we can consider a bearish channel. The continuation of price fluctuations in this range is expected.
by MonoCoinSignal
3