Fantom (FTM) Market Anticipates To Recover Positive Outlook By CoinEdition

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Fantom (FTM) Market Anticipates To Recover Positive Outlook
  • Bullish momentum shortlived as bearish the trend recoups the Fantom market.
  • Technical indicators indicate that investors should be watchful of a possible reversal.
  • Bulls successfully hiked the FTM price to $0.2076 before facing stiff resistance.

Following a drop and sell in the Fantom (FTM) market, bulls pounced, invalidating the bearish forecast; however, their reign was short-lived as bears recaptured the market, dragging prices to $0.2033, a 0.28% dip.

This bleak trend is mirrored in a 0.31% drop in market capitalization and a 96.60% increase in 24-hour trading volume, both of which have reached $562,394,404 and $64,665,195, respectively. This increased volume amid a decline may indicate that it is advisable to remain on the sidelines.

The post Fantom (FTM) Market Anticipates To Recover Positive Outlook appeared first on Coin Edition.

See original on CoinEdition

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Fantom (FTM) Market Anticipates To Recover Positive Outlook
  • Bullish momentum shortlived as bearish the trend recoups the Fantom market.
  • Technical indicators indicate that investors should be watchful of a possible reversal.
  • Bulls successfully hiked the FTM price to $0.2076 before facing stiff resistance.

Following a drop and sell in the Fantom (FTM) market, bulls pounced, invalidating the bearish forecast; however, their reign was short-lived as bears recaptured the market, dragging prices to $0.2033, a 0.28% dip.

This bleak trend is mirrored in a 0.31% drop in market capitalization and a 96.60% increase in 24-hour trading volume, both of which have reached $562,394,404 and $64,665,195, respectively. This increased volume amid a decline may indicate that it is advisable to remain on the sidelines.

The post Fantom (FTM) Market Anticipates To Recover Positive Outlook appeared first on Coin Edition.

See original on CoinEdition

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