Unleashing Fantom’s Potential: FTM Set to Soar to $1.2, Crypto Expert Forecasts
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- Fantom (FTM) had initially reclaimed the $1 level back in March and expectations were that the coin would rise to $2. But that was before the market crash sent prices spiraling, and Fantom lost almost 50% of its value during this time.
- However, all hope is not lost of for the coin, as one crypto analyst expects a return of the bullish momentum as long as certain conditions are met.
- Crypto analyst MyCryptoParadise took to TradingView to share their analysis on the Fantom price and how it could see a recovery.
After a significant market crash, Fantom (FTM) is seeking a return to bullish momentum. Crypto analyst MyCryptoParadise shares insights on potential recovery and key levels to watch.
Fantom Searching For Support
After the price fell to $0.56, the altcoin began to look for support, which would serve as a bounce-off point, and the analyst revealed that the altcoin is actually getting closer to this support. For now, the support lies at $0.5679, which is the point that bulls need to hold to confirm a bullish breakout. Following a rejection at the $0.79 resistance, this point has become eve... Read the full article for FREE at COINOTAG!
