Investigating the future prospects of Fantom (FTM)

The Fantom cryptocurrency has fallen more than 78% since the end of March amid a downward correction in the cryptocurrency market. Let's take a look at the future outlook for FTM prices.

While the crypto market has undergone a downward revision, the price of Fantom has recorded a drop of more than 78% since the end of March. Let’s examine the upcoming prospects for FTM’s price.

While the crypto market has undergone a downward revision, the price of Fantom has recorded a drop of more than 78% since the end of March. Let’s examine the upcoming prospects for FTM’s price.

After reaching a high of $1.20, Fantom faced downward pressure that brought its price back to $0.55. Despite an attempt to rebound, buyer interest was not sufficient to continue the upward movement. The cryptocurrency continued its decline, reaching $0.38 and then $0.26 a few days later. It seems that buyer interest manifested at this level, as FTM’s price recently rebounded. It is interesting to note that this rebound level corresponds to a former point of interest confirmed by a significant value area. Thus, notable resistance zones can be seen at $0.42 and even $0.52.

After reaching a high of $1.20, Fantom faced downward pressure that brought its price back to $0.55. Despite an attempt to rebound, buyer interest was not sufficient to continue the upward movement. The cryptocurrency continued its decline, reaching $0.38 and then $0.26 a few days later. It seems that buyer interest manifested at this level, as FTM’s price recently rebounded. It is interesting to note that this rebound level corresponds to a former point of interest confirmed by a significant value area. Thus, notable resistance zones can be seen at $0.42 and even $0.52.

At the time of writing this text, the price of Fantom is trading around $0.37. Despite FTM’s ongoing rebound, the short-term trend of the crypto remains bearish. Regarding the medium and long-term trend, it is not surprising that the latter is being questioned after the significant drop it has undergone. This can be illustrated by the large gap between Fantom and the 50 and 200-day moving averages, both oriented downwards.

At the time of writing this text, the price of Fantom is trading around $0.37. Despite FTM’s ongoing rebound, the short-term trend of the crypto remains bearish. Regarding the medium and long-term trend, it is not surprising that the latter is being questioned after the significant drop it has undergone. This can be illustrated by the large gap between Fantom and the 50 and 200-day moving averages, both oriented downwards.

On the price momentum side, although a slight rebound can be noted, this momentum has largely lost its strength. This is illustrated by the FTM price itself as well as the oscillators. All these elements thus demonstrate a cryptocurrency currently heavy on the cryptocurrency market.

On the price momentum side, although a slight rebound can be noted, this momentum has largely lost its strength. This is illustrated by the FTM price itself as well as the oscillators. All these elements thus demonstrate a cryptocurrency currently heavy on the cryptocurrency market.

The current technical analysis was conducted in collaboration with Elie FT, a passionate investor and trader in the cryptocurrency market. Today, he is a trainer at Family Trading, a community of thousands of proprietary traders active since 2017. You will find Lives, educational content, and mutual support around financial markets in a professional and warm atmosphere.

The current technical analysis was conducted in collaboration with Elie FT, a passionate investor and trader in the cryptocurrency market. Today, he is a trainer at Family Trading, a community of thousands of proprietary traders active since 2017. You will find Lives, educational content, and mutual support around financial markets in a professional and warm atmosphere.

Hypotheses for Fantom (FTIM) Price

Hypotheses for Fantom (FTIM) Price

Conclusion

Conclusion

최근 반등에도 불구하고 팬텀은 시장의 모멘텀 상실과 지속적인 불확실성을 반영하여 여전히 약세 추세에 고정되어 있습니다. 현재 신호는 암호화폐가 여전히 압박을 받고 있으며 지속 가능한 상승 방향을 되찾기 위해 고군분투하고 있음을 시사합니다. 그럼에도 불구하고, 그러한 하락은 역발상 투자자들에게 기회를 제공할 수 있습니다. 따라서 현재의 가설을 확인하거나 반박하려면 다양한 주요 수준에 대한 가격 반응을 면밀히 관찰하는 것이 중요합니다. 각 시나리오에서 잠재적인 "가짜" 및 시장 "압박"에 대해 경계하는 것도 중요합니다.

최근 반등에도 불구하고 Fantom은 모멘텀 상실과 지속적인 불확실성을 반영하여 약세 추세에 머물고 있습니다. 시장. 현재 신호는 암호화폐가 여전히 압박을 받고 있으며 지속 가능한 상승 방향을 되찾기 위해 고군분투하고 있음을 시사합니다. 그럼에도 불구하고, 그러한 하락은 역발상 투자자들에게 기회를 제공할 수 있습니다. 따라서 현재의 가설을 확인하거나 반박하려면 다양한 주요 수준에 대한 가격 반응을 면밀히 관찰하는 것이 중요합니다. 각 시나리오에서 잠재적인 "가짜" 및 시장 "압박"을 경계하는 것도 중요합니다.

마지막으로 이러한 분석은 기술적 기준에만 기반을 두고 있으며 암호화폐 가격은 다른 보다 근본적인 요인에 따라 급격하게 변할 수 있다는 점을 기억하세요.

마지막으로 이러한 분석은 기술적 기준에만 기반을 두고 있다는 점을 기억하세요. 기준을 제시하며 암호화폐의 가격은 다른 보다 근본적인 요인에 따라 빠르게 진화할 수도 있습니다.

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