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FANTOM / WRAPPED BNB on BSC (C7D4D8...8D2CB4) in USDFANTOM / WRAPPED BNB on BSC (C7D4D8...8D2CB4) in USDFANTOM / WRAPPED BNB on BSC (C7D4D8...8D2CB4) in USD
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FANTOM / WRAPPED BNB on BSC (C7D4D8...8D2CB4) in USD

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FTMWBNB_C7D4D8.USD trade ideas

has been observed on the daily candle chartThe Fantom price has shown us a wonderful price action in the past sessions. The price had a wonderful rally that began from $0.20000 support on Oct 20, 2023 and made a first peak at $0.5550 by 2023 end, which dropped to $0.31454 support by January last week, 2024. From the $0.31454 price support level, the upsurge was giganticly large, which peaked at $1.21773 marke by March last week, 2024. Thereafter, the price declined following a declining trendline and formed the next crucial support at $0.65729, where sellers tried three times to break the level, but buyers were strong, and it rose again until $0.95844. From the recent high of $0.95844, the price has built support at $0.52413 and is rising toward the trendline. The analyst crypto rand also highlights on x Via a tweet post with a chart drawing in it that the FTM daily candle chart shows a solid setup overall as per the analyst (DYOR); the current bounce looks optimistic to the analyst for the future price sessions. His chart drawing suggests to traders and investors that the optimism in FTM could take its price towards the trendline resistance with less effort and, beyond that, could open the doors to capture the lost territories back. Furthermore, it has been observed on the daily candle chart that the price has been seen bouncing back from the resistance turned support of the first peak, and here, buyers could be strong. Indicators also confirm the bullish suspicion as MACD shows a bullish cross, and RSI has been taking support from 14-SMA. Therefore, if the price rises, then Fantom (FTM) could achieve targets like $0.77 and $0.92. However, if bearishness prevails beneath the $0.52413, then the resistance would be near $0.4400, and $0.30815.
BITSTAMP:FTMUSDLong
by Sam_TCR
has been surging from support The Fantom cryptocurrency (FTM) had a strong start this year, showing significant growth in the crypto market. In February 2024, the price of FTM rose from $0.350 to $1.200 by the third week of March 2024. However, FTM was unable to maintain these gains and by the fourth week of 2024, it entered a period of decline in a wedge. This decline led to a support level forming at $0.650 by mid-April, where the price stabilized until mid-May 2024. Additionally, the price pattern indicated that the stabilization phase was broken on May 15th, 2024, when the price touched the upper boundary of the wedge pattern. Recently, FTM has been attempting to stay close to the upper boundary in an effort to break out of this wedge pattern. The FTM crypto has performed well in the last month, increasing by 15.36. FTM (KRAKEN: FTM) has a positive year-to-date return of 71.20% and a three-month return of 25.94%. At press time, the FTM price has traded at $0.8208 with an intraday surge of 6.46%, its market cap stands at $2.27 Billion, and its 24-H trading volume is $185.00 Million. There are 2.80 Billion tokens in circulation. The daily chart for FTM shows that it has been surging from support and remains above the 50-day and 200-day EMAs. Additionally, the MACD indicates a potential bullish crossover, while the RSI is at 53.74. It suggests that the Fantom crypto is still showing strength and may continue to climb higher in the future. If the breakout is strong, the next targets for the FTM price could be $1.00 and $1.21. Conversely, if the price falls and fails to stay above the $0.750 level, it could decline further.
KRAKEN:FTMUSDLong
by Sam_TCR
1
Fantom (FTM) Surprises all With over 24% rise!Fantom (FTM) Surprises all With over 24% rise! Fantom (FTM) has risen to the forefront, outperforming others as it rebounded from a recent downturn. Boasting a market capitalization of $2.486 billion, FTM cements its status as a significant entity in the crypto sphere. The crypto has extracted over 24% return for their Investors and is poised to show more gains as it is yet to reach the annual highs. As per the price action analysis, FTM has broken out of a period of consolidation, signaling a shift to a bullish trend. Currently trading at 27% below its yearly high, there appears to be ample opportunity for advancement towards and potentially beyond these levels. Technical indicators, particularly the positioning above the pivotal 50-day and 200-day exponential moving averages (EMAs), reinforce a bullish sentiment for FTM's future trajectory.
CRYPTO:FTMUSDLong
by Ritika_TCR
the FTM crypto experienced a surge Over the past week, the Fantom price has risen by up to 13% (appx.). The technical indicators have been portraying a possible bullish rally out of a falling wedge pattern on the daily chart. At press time, the FTM price was trading around at $0.8047. Besides, there are expectations, contingent on buyers’ strength, for the price to exceed the $1.0 mark. Beyond this price point, the door would open for more future optimism. Since the FTM crypto has revealed recovery possibilities more clearer as the price rallied from a crucial demand level of around $0.65 on the chart. Similarly, the fantom crypto looks set for an upcoming colossal surge, as it gears up to crack the resistance level of FTM and rocket to new peaks. The Fantom asset is exhibiting bullish strength and rising capacity as it holds above major 20-day and 50-day EMA band's. Likewise, other technical tools of the FTM asset have also displayed bullish support, as MACD shows a bullish cross above zero line and the RSI was at 59.56 not near the 70 level yet, which exhibits it does not face much resistance and could extend its gains in the upcoming sessions. At press time, the FTM crypto experienced a surge of 0.76% in the last 24 hours, trading at $0.8064. therefore, if the demand increases for the Fantom asset price, then it could shoot up from the current level. The next target, then would be to reach $1.00 and $1.20. However, if the Fantom crypto price fails to stay above the $0.65 level, it could decline further and hit lower supports as well.
KRAKEN:FTMUSDLong
by Sam_TCR