- The market is facing strong resistance at the $0.2207 level.
- The digital asset has increased by nearly 1.83% in the last 24 hours and is currently trading at $0.2201.
- FTM price analysis today, with the token climbing from a low of $0.2175 to a high of $0.2201 in a predominantly bullish trend.
Fantom price analysis reveals that the market is following an uptrend after a recent bullish stream. The FTM/USD pair has experienced an increase of over 1.83% in the last 24 hours and is currently trading at $0.2201 per token. The coin has seen strong support from investors as the market sentiment remains bullish with new traders entering the space and buying into the coin.
The 24-hour Fantom price analysis shows that the market has been in an uptrend since opening trading today. The bull and bears have been seen battling for control over the market, but the bulls regained control and pushed the prices up to $0.2201, which is where it is currently trading. In terms of volume, Fantom has seen a steady increase in the last 24 hours and is currently trading at $105 million in total trading volume. The coin has also seen a surge in its daily active users as more investors are looking to enter the market. Fantom is currently ranked 58th in terms of market capitalization, with a total cap of $605 billion.
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