Challenges Ahead for Fantom (FTM) Price Recovery
Fantom (FTM) Price Recovery Hindered by Resistance Block
Fantom's price is likely going to observe a drawdown which would be triggered by potential selling by investors.
Fantom Investors Could Offload
The FTM holders could move to sell as the profit-dominant active addresses hint at potential profit-taking. Decreased network growth indicates a loss of market traction, adding to the bearish sentiment surrounding Fantom.
FTM Price Prediction: Resistance Block Resists Recovery
Fantom's price struggles to breach key Fib levels, with challenges in moving past the resistance block. The bearish trend suggests further declines, unless FTM can successfully bounce back off the critical support level.
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