Fantom (FTM) Price Analysis: Understanding Potential Price Movements

Tuesday, 19 March 2024, 19:00

Fantom (FTM) is experiencing a rise in profitable holders, hinting at possible price movements. Increased trader supply suggests heightened volatility. EMA indicators provide mixed signals, indicating a complex future for FTM price dynamics.

Fantom (FTM) Price Analysis: Insights into Upcoming Price Movement

FTM Profitable Holders Are at a Sweet Spot

  • Over 55% of FTM holders are now in profit.
  • Historical data shows significant price increases following similar scenarios.

Supply In The Hand Of Traders Is Increasing

  • Short-term trader-held supply jumped significantly, signaling potential price volatility.
  • Relationship between supply dynamics and market price is evident in recent price surge.

FTM price has strong support at $0.54, with potential corrections if support weakens.


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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