Browsing:FTM

2 months ago 1 min read

Fantom (FTM) surges by over 120% within a month

Fantom (FTM) has shown resilience and solidified its position as a top player in the industry, despite the downturn caused by Bitcoin’s (BTC) recent drop below the $61,000 threshold. Over the past 24 hours, FTM has reached a 12-year high of $1.08, marking a 120% surge within a month. Currently trading at $0.9386, FTM has seen an impressive 11% surge, with a trading volume of $1 billion and a market capitalization of $2 billion. However, expert traders warns users as the daily RSI stands at 64, signaling an overbought situation. On the other hand, analysts predict that if bullish momentum

5 months ago 1 min read

Fantom (FTM) increases by over 35% in the past week

The blockchain platform Fantom is displaying signs of a possible bullish reversal, with analysts pointing to the formation of a double-bottom pattern. Analyst Ali highlighted the emergence of a “W” pattern on FTM‘s weekly price chart in a recent post on X, implying a bullish resurgence for the asset. A double bottom, also known as a “W” pattern, is a recognized technical analysis formation that indicates a potential downtrend reversal. This pattern is distinguished by the price forming two consecutive bottoms, followed by a sharp bullish move, indicating a shift in market sentiment. According to the most recent data, Fantom