FTM Crypto Surges +25% In A Week: Strength Returning to Fantom Price?

FTM crypto (Fantom) is on the rise, climbing 11% over the last day and is now ranked #57 on CoinGecko, Price Volume in 24h Price 7d .

Getting in on crypto projects early can be a jackpot, and FTM is no exception. From $0.001953 in March 2020 to a staggering 23,163.98% rise, it’s currently between $0.3892 and $0.4592. Not near its $3.48 high, but many FTM holders expect it will touch that during the next bull cycle. Here’s what else to know.

• Current Price: $0.412
• Market Cap: $1.27 billion
• Circulating Supply: 2.8 billion FTM
• Total Supply: 3.1 billion FTM
• Coinmarketcap Ranking: #57

Technical Analysis: Bullish Patterns and Resistance for FTM Crypto

• Resistance Levels: $0.58, $0.63, $0.68
• Support Levels: $0.25, $0.20, $0.15

Fantom’s dancing in a bullish pattern, caught in a descending channel.

The prices are flirting with the resistance levels, eyeing a breakout but hemmed in by new resistance. It’s a game of inches, pushing toward $0.58, $0.63, and $0.68.

If Fantom punches through the $0.45-$0.50 resistance, expect fireworks for its price action.

This zone’s been tough to crack for FTM, but breaking it could ignite a serious rally.

It’s also important to watch if the price stumbles below the 9-day and 21-day moving averages; we then might be looking at a dive to $0.25, $0.20, or even $0.15.

Market Insights from Influencers on FTM

Crypto influencers are buzzing about Fantom, including @CryptoJobs3, who threw out that FTM could see a double top on the H4 chart.

“There’s concern that a double top pattern might be forming on the H4 timeframe. He advised caution, suggesting that buying below the trendline and the $0.4100 mark may be risky.” -CryptoJobs3

Fantom’s at a make-or-break moment, flirting with resistance levels that could catapult it to $0.50 or $0.60. Keep your eyes on FTM, as it could be one of the best-performing altcoins this run.

Fantom Might 10x, But So Will New Altcoin Crypto All-Stars

While FTM is a pioneer in the space, a new presale called Crypto All-Stars is trailblazing in the meme markets.

In its first week, Crypto All-Stars ($STARS) pulled in over $545,000, igniting the meme coin market.

Offering passive income via unified staking, $STARS lets Dogecoin and Pepe holders stake together and earn $STARS.

$STARS holders also will unlock triple rewards, promising unmatched returns. With a price jump from $0.00138 to $0.0013911 and another spike imminent, investors are all in on this Q3 token.

Grab hold of this exciting new presale now!

EXPLORE: What Are Crypto AI Coins? A Beginner’s Guide

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.