Fantom had a bullish structure on both the daily and weekly timeframes, and defended the $0.61 level as support during recent selling...
was on a strong uptrend towards the end of September. A market-wide price slump followed the volatility around Bitcoin , and FTM was no exception. It formed a range around a key Fibonacci retracement level.
The daily RSI was above neutral 50 to show bullishness, but has trended downward recently. Its press time reading of 52.7 showed momentum was neutral. Similarly, the OBV also revealed that neither the buyers nor the sellers were dominant during the range formation.
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