the long term support of fantom is broken but one thing to keep in mind is that fantom is in oversold position in daily time frame so if price moves up and then rsi moves up then we can see a bullish crossover in stockhastic rsi as well in daily time frame leading to a bullish divergence in stock rsi. so it may also happen the price may rise anytime soon creating a fakeout .
And as ftm is really undervalued as its market value is lower than the total value locked and the value locked in ftm is also increasing from may 2021 to till now from .8% to 3.8% as well asactive wallet addresses have also increased in ftm wallet and the big players are also adding ftm ad its price has decreased from1.3$ .
And as ftm is really undervalued as its market value is lower than the total value locked and the value locked in ftm is also increasing from may 2021 to till now from .8% to 3.8% as well asactive wallet addresses have also increased in ftm wallet and the big players are also adding ftm ad its price has decreased from1.3$ .