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Fantom (FTM) Market Anticipates To Recover Positive Outlook

Published 2022-12-20, 01:31 a/m
© Reuters. Fantom (FTM) Market Anticipates To Recover Positive Outlook

  • Bullish momentum shortlived as bearish the trend recoups the Fantom market.

  • Technical indicators indicate that investors should be watchful of a possible reversal.

  • Bulls successfully hiked the FTM price to $0.2076 before facing stiff resistance.

Following a drop and sell in the Fantom (FTM) market, bulls pounced, invalidating the bearish forecast; however, their reign was short-lived as bears recaptured the market, dragging prices to $0.2033, a 0.28% dip.

This bleak trend is mirrored in a 0.31% drop in market capitalization and a 96.60% increase in 24-hour trading volume, both of which have reached $562,394,404 and $64,665,195, respectively. This increased volume amid a decline may indicate that it is advisable to remain on the sidelines.

The post Fantom (FTM) Market Anticipates To Recover Positive Outlook appeared first on Coin Edition.

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