Fantom network grows: A sign of FTM’s incoming price rally?

FTM, trading at $0.7934 at press time with a 2.16% drop in the past 24 hours, continues to spark interest despite its current downtrend

trading at $0.7934 at press time with a 2.16% drop in the past 24 hours, continued to spark interest despite its current downtrend.

This increase reflected growing interest and participation in the ecosystem, which could bolster FTM’s long-term value. Historically, such declines have preceded significant price moves, as they often signal undervaluation. Therefore, these indicators point to a potential turning point for FTM’s price, making the upcoming days crucial for traders.Liquidation trends show $23.06K in shorts against $98.22K in longs, revealing bullish sentiment despite recent declines. This imbalance suggests that many traders are positioning for an upward price movement.

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