Analysis: Fantom (FTM) Price Outlook for Potential Bullish Breakout
FTM Profitable Holders Are at a Sweet Spot
Over 55% of FTM holders are now in profit, signaling a potential significant price movement. A past surge in profitable holders led to an 858% price increase.
Supply In The Hand Of Traders Is Increasing
In the short term, the volume of FTM held by traders has seen significant growth, hinting at potential price volatility. The balance between different investor classes is influencing FTM's market price.
FTM Price Prediction: Back To $1 Next?
The analysis shows a key resistance at $0.98, with the potential for consolidation or a bullish breakout. EMA indicators point to a possible uptrend in the short term despite mixed signals.
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