FTM has made a notable breakout from its descending channel, currently trading at $0.6721 with a 3.15% increase at press time.
This surge, combined with a 56.79% spike in 24-hour trading volume, has grabbed attention in the crypto market.
However, it still leaves room before the market enters overbought territory , suggesting the possibility of further upward movement. This bullish crossover signals an acceleration in upward momentum, further reinforcing the potential for price gains. Large transactions have also increased by 0.24%, indicating growing interest from institutional players.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fantom flashes bearish signals – Will FTM drop by 8%?Fantom (FTM) is currently in a crucial make-or-break situation, upon analyzing the on-chain metrics it seems poised for a price decline.
Read more »
Fantom: 980% spike in big deals boosts FTM’s priceFantom jumps 11% in 24 hours as whale activity surges by a significant 980%. Explore the metrics and their impact on its price.
Read more »
Fantom price prediction: Key levels to watch after 13% hikeFantom [FTM] has surprised investors with its meteoric rise in the last 24 hours. This happened while top coins only moved up marginally.
Read more »
Fantom: THIS level can trigger a bull trap, because…Fantom (FTM) nears resistance at $0.50, with analysts warning of a possible bull trap and price correction.
Read more »
Fantom jumps 15% in 7 days: New levels to monitor nextThe Fantom network has recorded a three-fold increase in dApp volumes as FTM token defies market bears to extend its 15% weekly gains.
Read more »
ApeCoin: A break above THIS level can result in a breakout rallyApeCoin’s price recently showed some signs of recovery after a bullish breakout from a down-channel pattern. After consolidating around the $
Read more »