Key Takeaways Fantom is an Ethereum-compatible Layer 1 chain with over $8 billion locked in its DeFi protocols. It hosts a thriving DeFi ecosystem, including...

The post Fantom(FTM) Price Eye’s at a New ATH In Next 24 Hours, But Will the Market Sentiments Remain Bullish? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

Fantom crypto suddenly rose into fame due to its speed and low cost which fetched more than $7 billion TVL on its platform. Ethereum based AMM & DEX SushiSwap has also launched on the Fantom platform citing its massive adoption. Currently, the crypto is all set to slice through the current ATH and range towards …

The Fantom Foundation has integrated with crypto e-commerce platform Shopping.io to allow shoppers to purchase goods from major online retailers using Fantom’s native token, FTM. From today, FTM holders can now use their tokens on Shopping.

The cryptocurrency market has taken another small dive after a day or two of recovery. At $2.1 trillion, its total cap has fallen by around [...]

The crypto market cap is down by roughly $100 billion in a day as bitcoin and most altcoins went on another ride south.

It’s been a pretty good start to the week for the Cardano (ADA)! Despite the broader market correction, the cryptocurrency continues to move north with another 8% gain. As of press time, Cardano’s ADA is trading at a price of $1.60 with a market cap of $53.4 billion. With the recent price rally, Cardano has

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Fantom (FTM) has been surging over the last few days. The Ethereum competitor in…

The post Fantom (FTM) hits new all-time highs – Is it the right time to buy? appeared first on Coin Journal.

FTM coin price retests the bullish breakout of the inverted head and shoulder in the daily chart. Will the increased buying pressure touch $4? Fantom aims to develop the DeFi and other smart contracts-based decentralized services with the help of a new consensus mechanism. Fantom created this new consensus mechanism, Lachesis, from scratch to increase security and speed. The mechanism has a higher capacity, a faster rate of transaction finalization (~two seconds), and is more secure than the PoS mechanism. Let us move ahead to read about Fantom technical analysis. Past Performance of FTM The FTM coin price shows a growth of more than 10% in the past 24 hours, resulting in a breakout of $3.15. Moreover, the price jump increases the chances of a new all-time high formation. Currently, the price retests the bullish breakout of the horizontal level at $3.15. Therefore, a post-retest bull run can drive the prices higher above $3.5. FTM/USD Daily Chart FTM Technical Analysis The FTM coin price retests the bullish breakout of the inverted head and shoulder pattern in the daily chart. The breakout was predicted in our previous technical analysis. The lower price rejection evident by the long tail formation indicates a boom in underlying bullishness. Crucial EMAs (50, 100, and 200) maintain a bullish alignment in the daily chart, while the 20-day EMA provides constant dynamic support. Therefore, the EMAs help sustain the buying pressure and drive the FTM prices higher. The RSI indicator at 65% shows rejection from the overbought boundary and retraces lower to the central line. Nonetheless, the 14-day SMA and the slope sustain in the nearly overbought zone signaling a stronger bullish side. The MACD indicator shows the MACD and signal lines sustaining above the zero mark by reversing the recent bearish crossover. The lines regain the bullish alignment and rise higher with positive growth in histograms.  Therefore, the underlying growth in the bullish momentum is evident by the pattern breakout and technical indicators. Hence, the FTM coin can shortly resume the uptrend.  Upcoming Trend The FTM coin price retests the bullish breakout of the inverted head and shoulder pattern in the daily chart. Therefore, traders can find a bullish entry at current prices with excellent risk to reward positions to capture the upcoming bullish trend. The Fantom coin price action suggests the key resistance pivot levels at $4.15, once the sustains above $3.5. And, in case of a bearish reversal, the price can find demand at $3.15 and $2.75. The sentiments chart gives a solid “BUY” signal for the FTM coin, at the time of writing. Technical Analysis for FTMUSD

The post FTM Technical Analysis: Post-Retest Bull Run Teases New All-Time High Creation, Is the Rally Too Good to be True? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Fantom has surpassed the likes of Polygon and Avalanche in DEX transactions. The total value locked (TVL) on the Fantom

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While the broader market refrained from high volatility in the past 24-hours, Cosmos and Fantom eyed to retest their ATH level. Their near-term technicals chose the buyers. But both their CMFs could barely cross the equilibrium. Similarly, Tron saw overbought readings on the Bolinger bands and saw a near-term pullback. Tron (TRX) The buyers finally […]

If Bitcoin breaks above $45,500, select altcoins like NEAR, ATOM, FTM and FTT could turn bullish in the short-term.

The post Fantom Heads Towards a Massive Recovery, New ATH Incoming for FTM Price! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

After declining for about two weeks, Bitcoin is now back and has surpassed the important levels. With the shift in BTC’s sentiment the overall market too traded in green and registered gains.  Bitcoin at the time of writing is trading at $42.709. Second largest cryptocurrency Ethereum is trading at $3289. Cardano has emerged as a …