The post FTM Price Needs Quick Reversal To Hit $1 This May appeared first on Coinpedia Fintech News
Following the bearish reversal from the $1.15 mark, the FTM price drops under the $1 psychological mark. However, despite the increased market volatility, the Fantom token’s price sustains dominance at the crucial support zone of $0.65.
With the broader market recovery, the altcoins are experiencing a surge in trading volume. Will this turning around pump the Fantom price above $1? Find out more in our FTM price prediction, which projects a sprint to $10 in 2024.
FTM Price Performance
With a 26% drop in the last 30 days, the FTM price continues a sideways trend over the $0.65 support zone. The lower price rejection is evident in the Fantom price trend, which has led to a streak of Doji candles.
TradingView
Further, the lower price rejection takes cushion from the 50W EMA as it rises after the recent golden crossover. With the sideways shift, the weekly RSI line takes a
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