Fantom (FTM) Price Continues to Challenge Key Resistance Level

Thursday, 25 April 2024, 02:00

Fantom's price is facing a crucial resistance block and accumulating holders hold the key to breaking through. The post discusses the potential impact of whale addresses joining the network and the significance of flipping the resistance into support to unlock profitability for over 110 million FTM tokens worth $82 million.
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Fantom (FTM) Price Continues to Challenge Key Resistance Level

Fantom (FTM) Price Struggles at Resistance

Fantom's price is attempting a breach of a crucial resistance block, flipping which into support would turn 110 million FTM profitable.

Fantom Finds Support

Fantom’s price, trading at $0.76, is aiming to break the resistance block marked from $0.79 to $0.88. The support needs to be flipped to make $82 million worth of FTM profitable again.

Fantom Whale Addresses

The rise in whale addresses holding FTM between $100,000 to $1 million indicates a potential recovery in the altcoin.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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