Fantom (FTM), valued for its advanced Directed Asymmetric Graph (DAG) technology, is the subject of our analysis today. We focus on the price prediction for Fantom in the coming period. This article contains technical analysis from our premium environment.
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Technical Analysis Fantom (FTM)
Crypto Insiders analysts recently shared new FTM analysis in the premium environment. In it they shared the following:
“Our recent analysis of FTM shows a correction on larger time frames, a sign that requires attention. We note that the current uptrend appears to have broken down and FTM has lost key support zones.
Based on these developments, we expect the price to continue to fall. The current direction appears to be towards the lows around $0.277. There is a possibility of support at this level, which could potentially signal a trend reversal.
However, we urge caution. We choose to wait until the price shows clear signs of a trend reversal before entering into a position.”
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Disclaimer: Investing involves risks. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. These therefore serve exclusively educational purposes.
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