Fantom (FTM) prices will soar by 20% in the next few days

In the past two months , The sell-off of cryptocurrency market and market uncertainty contradict each other .Fantom The price has recently broken through 0.3 Another resistance level near the dollar , It provides new admission opportunities .

from 5 month 23 The day is coming 7 month 5 Japan , Downward trend line pair FTM Prices constitute dynamic resistance , Push it down to 0.1961 The low point of the dollar . However , The token price is 7 month 6 Japan broke through the resistance trend line and soared to 3 The immediate supply area of dollars .

According to a cryptocurrency analyst , The etheric fang （ETH） Our competitors are expected to surge , Because one of its indicators on the chain shows encouraging strength .InvestAnswers The host of said in the recent video update , Ethereum's competitors Fantom And its steady growth in daily trading volume may indicate FTM Bullish action will be taken in the near future .

Compared with Ethereum transaction , This is it. Fantom How it works . As you all know, I like checking transactions . Transaction rate 、 Daily active users and other such information . If you compare the daily trading volume here , Ethereum has 120 ten thousand , and Fantom Yes 922,000.

“ If you look at the chart ,Fantom…… since 2021 year 5 Progress has been slow since September . So it's slow and steady , Sometimes very good . It won the game . We haven't seen a sharp decline in trading volume like other chain stores , So this pair Fantom It is bullish . Maybe it's worth seeing again .”

FTM What is the next step in price ？

According to analysts FTM Technical analysis , If Fantom Can overcome their immediate obstacles , The goal of smart contract platform is to rise sharply from the current price .

According to him , stay 0.34 About $ , There is a little resistance , If it moves forward , May exceed 12-20%. Who knows? , We may soon rise to 0.40 Dollars or more .

At present, there is a positive argument . He looked Fantom Sales are 3.1 Billion , There is a significant increase over the previous sales . result , Activity picked up again .