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📌 – Fantom ($FTM ) Outlook
Title: Fantom (FTM) Price Outlook 👻
Fantom (FTM) is known for fast and low-cost transactions.
• Trend: Bullish
• Demand: Increasing in DeFi
• Market confidence: Improving
FTM can move quickly during altcoin rallies.
⚠️ Risk control is important.
👉 Watching FTM?
#Fantom #FTM #CryptoTrading #BinanceSquare
Title: Fantom (FTM) Price Outlook 👻
Fantom (FTM) is known for fast and low-cost transactions.
• Trend: Bullish
• Demand: Increasing in DeFi
• Market confidence: Improving
FTM can move quickly during altcoin rallies.
⚠️ Risk control is important.
👉 Watching FTM?
#Fantom #FTM #CryptoTrading #BinanceSquare
$AXS
: The OG of play-to-earn is evolving for the next billion! #AxieInfinity
$FTM : Blazing fast transactions with the Sonic upgrade—Fantom is back! #Fantom
: The OG of play-to-earn is evolving for the next billion! #AxieInfinity
$FTM : Blazing fast transactions with the Sonic upgrade—Fantom is back! #Fantom
If you hold $FTM #Fantom you don’t have to look at the chart every 5 seconds.
Sit back, relax, and enjoy the ride. 📈
Long term Target : 15$ ✍️
#MarketMajorComeback #CryptoUsersHit18M #BTCReclaims101K
Sit back, relax, and enjoy the ride. 📈
Long term Target : 15$ ✍️
#MarketMajorComeback #CryptoUsersHit18M #BTCReclaims101K
Report: Losses in the BNB Chain network from hacks have decreased by 85%
Financial losses in the BNB Chain blockchain from security violations decreased from $1.11 billion in 2022 to $161 million in the previous year - by 85%. This is evidenced by the AvengerDAO report.
At the same time, over the past 12 months, 414 incidents occurred, which is 44% more than in 2022.
The three biggest incidents were the Fintoch exit scam, the rug pull of the IPP staking pool, and the hack of the Stake betting platform. In total, they led to a loss of $64 million.
For comparison, in 2023, losses in the Ethereum network from fraud and cyber attacks amounted to $1.04 billion. Next comes the Tron blockchain ($405 million), Fantom ($171 million) and Arbitrum ($73 million).
#BNB🔥 #ETH2024 #TRX #fantom #Arbitrum
$BTC $ETH $TRX
Financial losses in the BNB Chain blockchain from security violations decreased from $1.11 billion in 2022 to $161 million in the previous year - by 85%. This is evidenced by the AvengerDAO report.
At the same time, over the past 12 months, 414 incidents occurred, which is 44% more than in 2022.
The three biggest incidents were the Fintoch exit scam, the rug pull of the IPP staking pool, and the hack of the Stake betting platform. In total, they led to a loss of $64 million.
For comparison, in 2023, losses in the Ethereum network from fraud and cyber attacks amounted to $1.04 billion. Next comes the Tron blockchain ($405 million), Fantom ($171 million) and Arbitrum ($73 million).
#BNB🔥 #ETH2024 #TRX #fantom #Arbitrum
$BTC $ETH $TRX
Fantom (FTM): The Phantom Menace? Or the Next Crypto Superstar?
In the ever-shifting realm of cryptocurrencies, where projects rise and fall like tides, a particular coin named Fantom (FTM) has been steadily gaining momentum. Known for its lightning-fast speeds and scalability, FTM has been quietly amassing a loyal following. But is it poised for a parabolic rise, or is it just a fleeting flash in the pan?
Let's delve into the intricacies of FTM and explore the potential for a bull run that could send its price soaring.
The FTM Advantage:
Fantom's unique selling point lies in its innovative consensus mechanism, a hybrid of Proof-of-Stake and directed acyclic graphs (DAGs). This combination allows for incredibly fast transaction times and high throughput, making it a compelling option for developers building decentralized applications (dApps).
Moreover, FTM's ecosystem is rapidly expanding, with a growing number of projects and partnerships. This increased activity suggests a vibrant and thriving community, which can be a strong indicator of future price appreciation.
Bull Run on the Horizon?
While predicting the future of cryptocurrencies is always fraught with uncertainty, several factors point to a potential bull run for FTM:
Growing Adoption: As more developers and businesses recognize the benefits of FTM's speed and scalability, adoption is likely to increase, driving demand for the coin.
Institutional investors are increasingly showing interest in cryptocurrencies, and FTM's strong fundamentals could make it an attractive target.Favorable Market Conditions: A broader cryptocurrency market uptrend can provide a tailwind for FTM, pushing its price higher.The
So, is Fantom the next crypto superstar? Only time will tell. But with its impressive technology, growing ecosystem, and increasing adoption, FTM certainly has the ingredients for success. Take a look at our bio @EliteDailySignals for more crypto insights.
#fantom #FTM #ftm/usdt #Ftmusdt #TrendingTopic $FTM @Fantom Foundation @EliteDailySignals
🖤 Feel free to Give a Tip!
In the ever-shifting realm of cryptocurrencies, where projects rise and fall like tides, a particular coin named Fantom (FTM) has been steadily gaining momentum. Known for its lightning-fast speeds and scalability, FTM has been quietly amassing a loyal following. But is it poised for a parabolic rise, or is it just a fleeting flash in the pan?
Let's delve into the intricacies of FTM and explore the potential for a bull run that could send its price soaring.
The FTM Advantage:
Fantom's unique selling point lies in its innovative consensus mechanism, a hybrid of Proof-of-Stake and directed acyclic graphs (DAGs). This combination allows for incredibly fast transaction times and high throughput, making it a compelling option for developers building decentralized applications (dApps).
Moreover, FTM's ecosystem is rapidly expanding, with a growing number of projects and partnerships. This increased activity suggests a vibrant and thriving community, which can be a strong indicator of future price appreciation.
Bull Run on the Horizon?
While predicting the future of cryptocurrencies is always fraught with uncertainty, several factors point to a potential bull run for FTM:
Growing Adoption: As more developers and businesses recognize the benefits of FTM's speed and scalability, adoption is likely to increase, driving demand for the coin.
Institutional investors are increasingly showing interest in cryptocurrencies, and FTM's strong fundamentals could make it an attractive target.Favorable Market Conditions: A broader cryptocurrency market uptrend can provide a tailwind for FTM, pushing its price higher.The
So, is Fantom the next crypto superstar? Only time will tell. But with its impressive technology, growing ecosystem, and increasing adoption, FTM certainly has the ingredients for success. Take a look at our bio @EliteDailySignals for more crypto insights.
#fantom #FTM #ftm/usdt #Ftmusdt #TrendingTopic $FTM @Fantom Foundation @EliteDailySignals
🖤 Feel free to Give a Tip!
The CEX Chronicles.
#JustinSun and #AndreCronje have raised doubts about #Coinbase CEO Brian Armstrong’s claim that Coinbase offers free asset listings. Sun reported that Coinbase requested 500 million $TRX (about $80 million) to list Tron’s native token, as well as a $250 million $BTC deposit to enhance liquidity, while @Binance listed TRX without charge. Cronje supported Sun’s account, citing similar experiences of Coinbase asking for listing fees ranging from $30 million to $300 million for #fantom .
These claims have sparked debate within the crypto community. Some, like #Akash Network’s Greg Osuri, defended Coinbase, stating they experienced no listing charges. Others noted that Coinbase’s educational campaigns, run through its Earn platform, could be mistaken for listing fees, but participation in such campaigns is optional.
This discussion follows a prior accusation against Binance for asking up to 15% of a project’s token supply for listing. Binance’s @Yi He dismissed these claims as unfounded, stressing that Binance only lists tokens that meet its stringent criteria.
The controversy highlights ongoing concerns over listing fees and transparency on major crypto exchanges, raising questions about accessibility and fairness for blockchain projects.
$FTM
#JustinSun and #AndreCronje have raised doubts about #Coinbase CEO Brian Armstrong’s claim that Coinbase offers free asset listings. Sun reported that Coinbase requested 500 million $TRX (about $80 million) to list Tron’s native token, as well as a $250 million $BTC deposit to enhance liquidity, while @Binance listed TRX without charge. Cronje supported Sun’s account, citing similar experiences of Coinbase asking for listing fees ranging from $30 million to $300 million for #fantom .
These claims have sparked debate within the crypto community. Some, like #Akash Network’s Greg Osuri, defended Coinbase, stating they experienced no listing charges. Others noted that Coinbase’s educational campaigns, run through its Earn platform, could be mistaken for listing fees, but participation in such campaigns is optional.
This discussion follows a prior accusation against Binance for asking up to 15% of a project’s token supply for listing. Binance’s @Yi He dismissed these claims as unfounded, stressing that Binance only lists tokens that meet its stringent criteria.
The controversy highlights ongoing concerns over listing fees and transparency on major crypto exchanges, raising questions about accessibility and fairness for blockchain projects.
$FTM
📉$FTM FTM/USDT Faces a Dip, Down 3.51% – What's Next for Fantom? 🔍
Current Price: $0.9427 (-3.51%)
24H High: $1.0543
24H Low: $0.9024
Fantom (FTM) is experiencing a pullback after testing $1.0543, with the price now stabilizing near $0.9427. The market is showing mixed signals, and traders are closely watching key levels for the next move.
---
Market Analysis
🔹 Support Zone: Immediate support lies at $0.9024. A break below this level could see FTM testing $0.85.
🔹 Resistance Zone: To regain bullish momentum, FTM needs to climb back above $0.9505, with further resistance near $1.00.
🔹 Trading Volume: 160M FTM traded in the last 24 hours highlights significant activity, but selling pressure dominates for now.
---
What to Watch
1️⃣ For Bulls:
Look for a bounce near $0.9024 to confirm support and potential recovery.
Watch for a breakout above $0.9505 for a rally toward $1.00 and beyond.
2️⃣ For Bears:
A break below $0.9024 could accelerate downside momentum toward $0.85.
Monitor volume for confirmation of selling pressure at key resistance levels.
3️⃣ Risk Management:
Set tight stop-losses to protect positions, especially in this volatile environment.
---
Key Takeaway
FTM’s retracement highlights a critical moment for traders. Whether it’s a consolidation or deeper correction, the upcoming moves near support and resistance levels will provide clarity. Stay alert and trade cautiously.
💡 #FTM #Fantom #CryptoTrading #MarketUpdate #BinanceAlphaAlert
Current Price: $0.9427 (-3.51%)
24H High: $1.0543
24H Low: $0.9024
Fantom (FTM) is experiencing a pullback after testing $1.0543, with the price now stabilizing near $0.9427. The market is showing mixed signals, and traders are closely watching key levels for the next move.
---
Market Analysis
🔹 Support Zone: Immediate support lies at $0.9024. A break below this level could see FTM testing $0.85.
🔹 Resistance Zone: To regain bullish momentum, FTM needs to climb back above $0.9505, with further resistance near $1.00.
🔹 Trading Volume: 160M FTM traded in the last 24 hours highlights significant activity, but selling pressure dominates for now.
---
What to Watch
1️⃣ For Bulls:
Look for a bounce near $0.9024 to confirm support and potential recovery.
Watch for a breakout above $0.9505 for a rally toward $1.00 and beyond.
2️⃣ For Bears:
A break below $0.9024 could accelerate downside momentum toward $0.85.
Monitor volume for confirmation of selling pressure at key resistance levels.
3️⃣ Risk Management:
Set tight stop-losses to protect positions, especially in this volatile environment.
---
Key Takeaway
FTM’s retracement highlights a critical moment for traders. Whether it’s a consolidation or deeper correction, the upcoming moves near support and resistance levels will provide clarity. Stay alert and trade cautiously.
💡 #FTM #Fantom #CryptoTrading #MarketUpdate #BinanceAlphaAlert
#FTM is breaking out after bouncing on support at $0.3931 and is ready for a break of the next resistance at $0.4193. A break above $0.4193 watch for a massive rally to $0.45 as the next target.If #fantom is able to reclaim $0.4587 then $0.5 will be my next target.In case of a breakdown move watch for support at $0.3931 and $0.3560.
#ftm/usdt #FTT/USDT #BTC
#ftm/usdt #FTT/USDT #BTC
$FTM
is topping the must-buy cryptos list with its new update, Fantom Sonic,
launching this year, offering faster and better transactions. More importantly, the FTM token will be replaced by “S,” launching with an extra supply that will be airdropped among its holders to reward their support. With history proving new gains with such updates and token launches, the FTM price is on hold for the rally.
For now, it is priced at $0.5666 with a market cap of $1.5 Billion. #fantom
is topping the must-buy cryptos list with its new update, Fantom Sonic,
launching this year, offering faster and better transactions. More importantly, the FTM token will be replaced by “S,” launching with an extra supply that will be airdropped among its holders to reward their support. With history proving new gains with such updates and token launches, the FTM price is on hold for the rally.
For now, it is priced at $0.5666 with a market cap of $1.5 Billion. #fantom
🔥 CryptoNews: Best Crypto to Buy Today
$JUP
The token just hit fresh record highs above $1.5, giving it a market cap of over $2.0 billion. It’s fully diluted market cap was last around $14 billion.
That’s about $2 billion higher than Uniswap’s fully diluted market cap, the most well-established of the DEXs.
For reference, Uniswap’s circulating market cap was last around $7.1 billion. The cryptocurrency hit a market cap $22.6 billion in 2021, so Uniswap could easily 3x from here.
Jupiter, as the Solana ecosystem leader, could see even larger gains. Especially in wake of the recent surge in Solana meme coin trading activity.
That’s why it ranks as potentially the best crypto to buy today.
$FTM
Previously seen as a major competitor to Ethereum and darling amongst crypto investors, Fantom (FTM) is attempting a comeback.
FTM was last up around 10% in the past 24 hours, as per CoinMarketCap.
Last at $0.93, FTM is up a healthy near 440% from its October 2023 lows.
And given its market cap of still under $3 billion, Fantom has a lot of upside potential.
Investors could easily be looking at 10x gains with FTM, making it amongst the best crypto to buy today.
$XRP
XRP is picking up on Monday, last up around 7% in the past 24 hours near $0.66.
As per CoinMarketCap, its market cap was last just above $36 billion, ranking it as a 6th largest crypto.
While it’s performing well on Monday, XRP remains a big laggard this year.
Indeed, XRP is trading close to flat since the start of the year.
That compares to Bitcoin (BTC) and Ether (ETH), which are up 60% and 54% respectively.
Solana (SOL) is up an even more impressive 97.5% and BNB (BNB) 76%.
Both have overtaken XRP in terms of market cap, reaching $89 billion and $82.5 billion respectively. That’s now well over double XRP’s market cap of $34 billion.
That means there is scope for a catch-up trade.
After all, since mid-2023, XRP issuer Ripple has had the upper hand in its lawsuit versus the SEC.
XRP could easily 5x as this crypto bull market matures.
#Jupiter(JUP) #RippleUpdate #fantom
$JUP
The token just hit fresh record highs above $1.5, giving it a market cap of over $2.0 billion. It’s fully diluted market cap was last around $14 billion.
That’s about $2 billion higher than Uniswap’s fully diluted market cap, the most well-established of the DEXs.
For reference, Uniswap’s circulating market cap was last around $7.1 billion. The cryptocurrency hit a market cap $22.6 billion in 2021, so Uniswap could easily 3x from here.
Jupiter, as the Solana ecosystem leader, could see even larger gains. Especially in wake of the recent surge in Solana meme coin trading activity.
That’s why it ranks as potentially the best crypto to buy today.
$FTM
Previously seen as a major competitor to Ethereum and darling amongst crypto investors, Fantom (FTM) is attempting a comeback.
FTM was last up around 10% in the past 24 hours, as per CoinMarketCap.
Last at $0.93, FTM is up a healthy near 440% from its October 2023 lows.
And given its market cap of still under $3 billion, Fantom has a lot of upside potential.
Investors could easily be looking at 10x gains with FTM, making it amongst the best crypto to buy today.
$XRP
XRP is picking up on Monday, last up around 7% in the past 24 hours near $0.66.
As per CoinMarketCap, its market cap was last just above $36 billion, ranking it as a 6th largest crypto.
While it’s performing well on Monday, XRP remains a big laggard this year.
Indeed, XRP is trading close to flat since the start of the year.
That compares to Bitcoin (BTC) and Ether (ETH), which are up 60% and 54% respectively.
Solana (SOL) is up an even more impressive 97.5% and BNB (BNB) 76%.
Both have overtaken XRP in terms of market cap, reaching $89 billion and $82.5 billion respectively. That’s now well over double XRP’s market cap of $34 billion.
That means there is scope for a catch-up trade.
After all, since mid-2023, XRP issuer Ripple has had the upper hand in its lawsuit versus the SEC.
XRP could easily 5x as this crypto bull market matures.
#Jupiter(JUP) #RippleUpdate #fantom
#Megadrop #MtGox #EarnFreeCrypto2024 $FTM
Following a brief surge yesterday, $FTM is currently experiencing a breakdown. The breakdown zone is situated within the golden pocket range, spanning from $0.8020 to $0.7629. Should this zone maintain its support, anticipate another upward rebound. However, if it fails to hold, brace for a substantial breakdown towards $0.7072, a critical support level.
#fantom #FTM #ftm/usdt
#altcoins
Following a brief surge yesterday, $FTM is currently experiencing a breakdown. The breakdown zone is situated within the golden pocket range, spanning from $0.8020 to $0.7629. Should this zone maintain its support, anticipate another upward rebound. However, if it fails to hold, brace for a substantial breakdown towards $0.7072, a critical support level.
#fantom #FTM #ftm/usdt
#altcoins
$FTM - update:
The #fantom price tend to follow $MATIC & large caps #alts
The daily price remain bearish, but we could see a bullish reaction soon (LS closed on the clouds top) 📈
The LTF price looks good for a breakout. If the downtrend is break upward, then we could see another FOMO pump toward 0.7250$ & more.
Upper resistance that must be break: 0.700 $ ❗️
Otherwise the price could keep moving sideway!
KEY LEVEL TO WATCH ON THE DAILY TF:
0.800$ and 0.550 $
#FTM #BullorBear #BTC
The #fantom price tend to follow $MATIC & large caps #alts
The daily price remain bearish, but we could see a bullish reaction soon (LS closed on the clouds top) 📈
The LTF price looks good for a breakout. If the downtrend is break upward, then we could see another FOMO pump toward 0.7250$ & more.
Upper resistance that must be break: 0.700 $ ❗️
Otherwise the price could keep moving sideway!
KEY LEVEL TO WATCH ON THE DAILY TF:
0.800$ and 0.550 $
#FTM #BullorBear #BTC
Does it meet everyone’s standards for investment in inscription projects?
1. #FRC20 ecological inscription $FANS is the only one
2. The community atmosphere is good and the consensus is strong!
3.The total number of Holders exceeds 24,000, and the chips are scattered
4. Small market value, big potential
5.#fantom is very supportive of FRC20
6.Support dual trading platforms
7.#FANS Multi-directional empowerment
1. #FRC20 ecological inscription $FANS is the only one
2. The community atmosphere is good and the consensus is strong!
3.The total number of Holders exceeds 24,000, and the chips are scattered
4. Small market value, big potential
5.#fantom is very supportive of FRC20
6.Support dual trading platforms
7.#FANS Multi-directional empowerment
Top 10 Crypto Projects That Made Waves in 2024
Introduction
The year 2024 was a landmark year for the cryptocurrency industry, marked by significant advancements and successful project launches. From major protocol upgrades to the introduction of new infrastructure networks, several crypto projects stood out and delivered on their promises1. Here are the top 10 crypto projects that made a notable impact in 2024:
1. Avalanche 9000 Etna Protocol Upgrade
The Avalanche network's "Avalanche 9000" Etna upgrade, launched on December 16, 2024, was the biggest in the protocol's history. This upgrade simplified the process of launching subnets and reduced subnet deployment costs by 99.9%1.
2. Sui Implements Mysticeti Consensus Engine
In August 2024, the Sui protocol implemented the Mysticeti consensus engine, slashing consensus latency to 390 milliseconds and enhancing efficiency.
3. Sonic Labs Launches Sonic Mainnet
The Sonic Foundation, overseen by the Fantom Foundation, launched the Sonic Chain in May 2024. This Ethereum Virtual Machine-compatible layer-1 blockchain featured sub-second finality times and a throughput of 10,000 transactions per second1.
4. Hyperliquid Launches Token, Enables Staking
Hyperliquid, a layer-1 blockchain optimized for decentralized finance, initiated one of the largest token airdrops in crypto history on November 29, 2024. The project distributed 310 million HYPE tokens to community members1.
5. Ethereum Dencun Upgrade Goes Live
The Ethereum network saw the successful implementation of the Dencun upgrade, which aimed to improve scalability and security.
6. Cardano's Chang Hard Fork Introduces Onchain Governance
Cardano introduced the Chang hard fork in 2024, bringing onchain governance features to the network.
7. Near Protocol Implements Stateless Validation Through Nightshade 2.0
Near Protocol launched Nightshade 2.0, which introduced stateless validation to enhance network performance.
8. Movement Mainnet Launch
The Movement project successfully launched its mainnet, providing a new infrastructure network for decentralized applications.
9. Bitcoin and Ethereum Spot ETFs Approved in the US
The US Securities and Exchange Commission approved several spot ETFs for Bitcoin and Ethereum, allowing traditional investors to gain exposure to these cryptocurrencies.
10. Bitcoin Completes Fourth Halving Event
Bitcoin completed its fourth halving event in April 2024, reducing the block reward and impacting the supply dynamics of the cryptocurrency.
Conclusion
These projects not only delivered on their promises but also set new standards for innovation and efficiency in the crypto space. As we move into 2025, the impact of these advancements will continue to shape the future of cryptocurrencies and blockchain technology.
#Ethereum #fantom #sui #NEAR🚀🚀🚀
The year 2024 was a landmark year for the cryptocurrency industry, marked by significant advancements and successful project launches. From major protocol upgrades to the introduction of new infrastructure networks, several crypto projects stood out and delivered on their promises1. Here are the top 10 crypto projects that made a notable impact in 2024:
1. Avalanche 9000 Etna Protocol Upgrade
The Avalanche network's "Avalanche 9000" Etna upgrade, launched on December 16, 2024, was the biggest in the protocol's history. This upgrade simplified the process of launching subnets and reduced subnet deployment costs by 99.9%1.
2. Sui Implements Mysticeti Consensus Engine
In August 2024, the Sui protocol implemented the Mysticeti consensus engine, slashing consensus latency to 390 milliseconds and enhancing efficiency.
3. Sonic Labs Launches Sonic Mainnet
The Sonic Foundation, overseen by the Fantom Foundation, launched the Sonic Chain in May 2024. This Ethereum Virtual Machine-compatible layer-1 blockchain featured sub-second finality times and a throughput of 10,000 transactions per second1.
4. Hyperliquid Launches Token, Enables Staking
Hyperliquid, a layer-1 blockchain optimized for decentralized finance, initiated one of the largest token airdrops in crypto history on November 29, 2024. The project distributed 310 million HYPE tokens to community members1.
5. Ethereum Dencun Upgrade Goes Live
The Ethereum network saw the successful implementation of the Dencun upgrade, which aimed to improve scalability and security.
6. Cardano's Chang Hard Fork Introduces Onchain Governance
Cardano introduced the Chang hard fork in 2024, bringing onchain governance features to the network.
7. Near Protocol Implements Stateless Validation Through Nightshade 2.0
Near Protocol launched Nightshade 2.0, which introduced stateless validation to enhance network performance.
8. Movement Mainnet Launch
The Movement project successfully launched its mainnet, providing a new infrastructure network for decentralized applications.
9. Bitcoin and Ethereum Spot ETFs Approved in the US
The US Securities and Exchange Commission approved several spot ETFs for Bitcoin and Ethereum, allowing traditional investors to gain exposure to these cryptocurrencies.
10. Bitcoin Completes Fourth Halving Event
Bitcoin completed its fourth halving event in April 2024, reducing the block reward and impacting the supply dynamics of the cryptocurrency.
Conclusion
These projects not only delivered on their promises but also set new standards for innovation and efficiency in the crypto space. As we move into 2025, the impact of these advancements will continue to shape the future of cryptocurrencies and blockchain technology.
#Ethereum #fantom #sui #NEAR🚀🚀🚀
FTM Price Rises 3% Despite Whale Sell-Off Challenges
Fantom (FTM) is showing mixed signals as it struggles to recover from recent losses.
While the price has risen 3% in the last 24 hours, it remains down nearly 20% over the past week, highlighting ongoing challenges in overcoming bearish momentum.
FTM’s difficulties are compounded by broader market uncertainty and a notable drop in whale activity.
With the price hovering near critical support levels, its next direction will largely hinge on buyers’ ability to regain control and spark a sustained recovery.
FTM Current Downtrend Is Still Strong
The Average Directional Index (ADX) for Fantom has decreased to 31.4, down from 36.9 one day ago. ADX is a technical indicator that measures the strength of a trend, whether bullish or bearish, on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest weak or absent momentum.
The recent decline in FTM’s ADX reflects a weakening of the previous downtrend, signaling a potential transition to a phase of consolidation rather than continued bearish momentum after FTM price corrected by roughly 20% in the last 7 days.
At its current level, the ADX suggests that while the downtrend’s strength is fading, FTM has yet to establish a clear directional move.
This shift could mean reduced volatility and an opportunity for the market to stabilize. If Fantom can maintain this trend, it might signal the beginning of a recovery or range-bound trading.
However, without renewed buying activity or stronger momentum, the price may continue to hover in a consolidation phase, awaiting further catalysts to define its next direction.
FTM Whales Exit Their Positions
The number of wallets holding between 1 million and 10 million FTM has dropped significantly, falling to 69 from a month-high of 84 on January 3. Tracking the behavior of these so-called whales is crucial, as their large holdings often influence market sentiment and liquidity.
#FTM #fantom #cryptocurrencies #Altcoins #Cryptonews
Fantom (FTM) is showing mixed signals as it struggles to recover from recent losses.
While the price has risen 3% in the last 24 hours, it remains down nearly 20% over the past week, highlighting ongoing challenges in overcoming bearish momentum.
FTM’s difficulties are compounded by broader market uncertainty and a notable drop in whale activity.
With the price hovering near critical support levels, its next direction will largely hinge on buyers’ ability to regain control and spark a sustained recovery.
FTM Current Downtrend Is Still Strong
The Average Directional Index (ADX) for Fantom has decreased to 31.4, down from 36.9 one day ago. ADX is a technical indicator that measures the strength of a trend, whether bullish or bearish, on a scale from 0 to 100. Values above 25 indicate a strong trend, while values below 20 suggest weak or absent momentum.
The recent decline in FTM’s ADX reflects a weakening of the previous downtrend, signaling a potential transition to a phase of consolidation rather than continued bearish momentum after FTM price corrected by roughly 20% in the last 7 days.
At its current level, the ADX suggests that while the downtrend’s strength is fading, FTM has yet to establish a clear directional move.
This shift could mean reduced volatility and an opportunity for the market to stabilize. If Fantom can maintain this trend, it might signal the beginning of a recovery or range-bound trading.
However, without renewed buying activity or stronger momentum, the price may continue to hover in a consolidation phase, awaiting further catalysts to define its next direction.
FTM Whales Exit Their Positions
The number of wallets holding between 1 million and 10 million FTM has dropped significantly, falling to 69 from a month-high of 84 on January 3. Tracking the behavior of these so-called whales is crucial, as their large holdings often influence market sentiment and liquidity.
#FTM #fantom #cryptocurrencies #Altcoins #Cryptonews
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