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Cryptoknowmics 2022-07-07 18:39:25

Fantom Technical Analysis: FTM Bullish as Price Rises Above $0.2700

Key Technical Points Fantom’s current price is $0.2711 The RSI is currently at 47.27 The trading volume is $134,791,536. Fantom Past Performance FTM has maintained a constant price movement from early where bulls and bears have been in a competition to take control of the market where the bulls have shown a positive impression lately as the market is trading around $0.2714 after a steep fall from $1.5267 to 0.2699. Source: Trading View FTM Technical Analysis In the last 24 hrs, FTM has traded as low as $0.2563 and as high as $0.2733. The market capitalization is $860,856,979 and the FTM trading volume is $134,791,536. According to FTM technical analysis, the current price is $0.2711 which is a 5.07% price rise in the last 24 hours. The max supply is 3,175,000,000 Fantom and the circulating supply is 2,545,006,273 FTM . The RSI or Relative Strength Index is at 47.27 which is a neutral zone. Meanwhile, the RSI line is heading towards the overbought region, which indicates buying pressure in the market. The MACD or Moving Average Convergence Divergence line and the signal line are both close to the zero line. This is a bullish signal and indicates the price will go up in the future. The Bollinger bands are squeezing, which is a signal that a big move is about to happen. The support levels are $0.2553, $0.2510, and $0.2467 and the resistance levels are $0.2733, $0.2800, and $0.2867. Out of the 26 technical analyses, 9 show a buyin...

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