CandleFocus Fantom (FTM) Eyes $0.50 Breakout: Can It Surge to $0.76 in the Ongoing Bull Run?
2024-09-10
Author: Content Editor
The article discusses the potential for Fantom (FTM) to continue its bullish run and break the $0.50 psychological barrier. With an 11% increase in the last 24 hours, Fantom is currently trading at $0.4905 and has a market valuation of over $1.367 billion. The FTM price chart shows a solid resistance trendline but also a declining support trendline, suggesting a falling channel pattern. The article mentions a recent positive reversal and the formation of a triple white soldier pattern, indicating renewed bullish momentum. Crypto Rand, a trader and investor, highlights the FTM breakout and notes the breach of a local downtrend resistance and the formation of a higher low. The article concludes by mentioning key targets for FTM if the upward movement continues and support levels to watch out for.
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