FTM/USD Strikes Bullishly Above $0.476

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The Fantom value prediction reveals that FTM shoots to the upside because the bulls take the coin to greater ranges.

Fantom Prediction Statistics Information:

Fantom value now – $0.48
Fantom market cap – $1.32 million
Fantom circulating provide – 2.7 billion
Fantom complete provide – 3.1 billion
Fantom Coinmarketcap rating – #40

FTM/USD Market

Key Ranges:

Resistance ranges: $0.60, $0.62, $0.64

Assist ranges: $0.33, $0.31, $0.29

Fantom Price Prediction for Today, January 26: FTM/USD Moves Bullishly Above $0.476 — FTMUSD – Every day Chart

FTM/USD is buying and selling above $0.45 because the coin trades above the 9-day and 21-day transferring averages to the touch the resistance degree of $0.50. The Fantom could proceed to maneuver upwards if the value crosses above the higher boundary of the channel. In the meantime, FTM/USD may attain the resistance degree of $0.52 if the bulls concentrate on the upward pattern.

Fantom Value Prediction: FTM Will get Prepared for a Spike

The Fantom value could stay on the optimistic aspect ought to the 9-day transferring common stays above the 21-day transferring common. In the meantime, the technical indicator Relative Energy Index (14) can also be confirming the bullish motion because the sign line stays throughout the overbought area. Due to this fact, there’s a greater probability that the coin could discover the potential resistance ranges at $0.60, $0.62, and $0.64.

Quite the opposite, if the coin slides and faces the decrease boundary of the channel, any bearish motion beneath this barrier could carry the coin to achieve the important helps at $0.33, $0.31, and $0.29 respectively.

Towards Bitcoin, the Fantom is more likely to create further positive aspects because the coin could hold the coin above the 9-day and 21-day transferring averages. Nonetheless, if the bullish motion continues, the following degree of resistance could floor, and this will likely trigger FTM/BTC to find the important thing resistance at 2500 SAT and above.

In the meantime, on the draw back, the Fantom value may face help at 1700 SAT. Beneath this, the important help degree could possibly be situated at 1500 SAT and beneath. In the meanwhile, the 9-day MA stays above the 21-day MA because the technical indicator Relative Energy Index (14) strikes throughout the overbought area to extend the bullish motion and merchants are more likely to count on extra bullish stress above the channel.

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