FANTOM
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$FTM $BTC pair has successfully risen 108% from our entry point, but I’m expecting even more from it. I’ve closed half of the position and set a stop-loss at our entry point. Now, the remaining half can safely embark on a moon mission.
#FTM #ftm/usdt #FANTOM #Ftmusdt #FantomFoundation
#FTM #ftm/usdt #FANTOM #Ftmusdt #FantomFoundation
LIVEAltcoinMaestro
--
Bullish
I’m looking at the FTM/BTC weekly timeframe setup, and it’s a very bullish chart. There’s a major level of support with RSI bullish divergence. The last time FTM was at this support, it reached an all-time high. Expected gains from this setup are around 200% to 400%, with the first target at 0.00001295.
#ftm/usdt #FTMUSD #fantom #ftmpump #Ftmusdt $FTM
#ftm/usdt #FTMUSD #fantom #ftmpump #Ftmusdt $FTM
Fantom (FTM) Has Entered Into an Upward Move in the Last 24 Hours
The well-known crypto trader, Altcoin Sherpa, tweeted his analysis for Fantom (FTM) yesterday. According to the tweet, FTM’s price was establishing a low at the time of the tweet and was looking to enter into another leg up in the near future.
FTM’s price seems to have entered into the leg-up predicted by Altcoin Sherpa this morning, as its price has risen 4.28% in the last 24 hours according to CoinMarketCap. FTM has also strengthened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 1.61% and 2.11% during the same time period. As a result, FTM’s price stands at $0.4701 at press time.
Daily chart for FTM/USDT (Source: TradingView)
The daily chart for FTM suggests that the altcoin’s price will continue to rise in the next 24-48 hours given the fresh bullish flag that has triggered between the 9-day and 20-day EMA lines. Currently, the 9-day EMA line is trading above the longer EMA line after the two lines crossed this past Wednesday.
In addition to this, there is a bullish triangle chart pattern that has formed on FTM’s daily chart. This is after the altcoin printed higher lows over the last 2-3 weeks. Should this bullish chart pattern play out, FTM’s price will likely make a move toward the next major resistance level at around $0.5170.
A confident break above this level will see FTM’s price continue its upward move toward $0.5775.
On the other hand, if the bullish chart pattern is invalidated, FTM’s price will look to drop to the closest support level at around $0.4130. A confirmation of this bearish move will be if FTM’s price loses the support of the 9-day EMA line in the next 24 hours.
#FTM #FANTOM #Binance #crypto2023 #crypto
FTM’s price seems to have entered into the leg-up predicted by Altcoin Sherpa this morning, as its price has risen 4.28% in the last 24 hours according to CoinMarketCap. FTM has also strengthened against the two crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 1.61% and 2.11% during the same time period. As a result, FTM’s price stands at $0.4701 at press time.
Daily chart for FTM/USDT (Source: TradingView)
The daily chart for FTM suggests that the altcoin’s price will continue to rise in the next 24-48 hours given the fresh bullish flag that has triggered between the 9-day and 20-day EMA lines. Currently, the 9-day EMA line is trading above the longer EMA line after the two lines crossed this past Wednesday.
In addition to this, there is a bullish triangle chart pattern that has formed on FTM’s daily chart. This is after the altcoin printed higher lows over the last 2-3 weeks. Should this bullish chart pattern play out, FTM’s price will likely make a move toward the next major resistance level at around $0.5170.
A confident break above this level will see FTM’s price continue its upward move toward $0.5775.
On the other hand, if the bullish chart pattern is invalidated, FTM’s price will look to drop to the closest support level at around $0.4130. A confirmation of this bearish move will be if FTM’s price loses the support of the 9-day EMA line in the next 24 hours.
#FTM #FANTOM #Binance #crypto2023 #crypto
#FANTOM is gearing up in the wave 3 after seeing a retracement in the wave 2. Targets for the wave 3 are at the fib level 1.618 that is $7663. Now watching resistance zone at $0.5 a break above will trigger even higher prices.
Fantom Foundation’s Sonic Testnet Goes Live: How Did FTM React? 😵
Fantom Foundation recently launched its Sonic Testnet, aiming to enhance smart contract execution in the DeFi ecosystem. The update brings several improvements, but how did FTM (Fantom's token) react in the market?
- FTM's Price Movement:
- FTM's price was around $0.22 but remained dependent on buying strength and money flow.
- Despite high expectations, the token's value didn't see a significant change after the Sonic Testnet announcement.
- In the last 24 hours, FTM's value stayed at $0.22, but it had experienced a 29% increase over the previous seven days.
- Increased Open Interest:
- The rise in open interest could indicate growing demand in contracts linked to FTM.
- The Chaikin Money Flow (CMF) was 0.05, suggesting ongoing buying pressure.
- Factors Affecting FTM's Price:
- The price initially fell from $0.23 after the Sonic Testnet announcement, possibly due to a "buy the rumor, sell the news" scenario.
- The Relative Strength Index (RSI) was at 64.05, indicating potential buyer fatigue.
- The RSI might drop below 60, leading to a potential price decrease to $0.20, while a renewed buying pressure could push FTM to $0.24.
- Traders' Optimism:
- Despite FTM's price stability, traders remain hopeful about profiting from its movement.
- Rising open interest suggests a belief in FTM's potential for profit.
In Summary:
The launch of Fantom Foundation's Sonic Testnet did not immediately boost FTM's price, possibly due to market dynamics. However, the token remains promising, and traders are watching for potential opportunities. The Sonic Testnet is expected to remain open until the end of the year, with the Mainnet scheduled for spring 2024.
#FANTOM #FTM $FTM #SonicTestnet
Fantom Foundation recently launched its Sonic Testnet, aiming to enhance smart contract execution in the DeFi ecosystem. The update brings several improvements, but how did FTM (Fantom's token) react in the market?
- FTM's Price Movement:
- FTM's price was around $0.22 but remained dependent on buying strength and money flow.
- Despite high expectations, the token's value didn't see a significant change after the Sonic Testnet announcement.
- In the last 24 hours, FTM's value stayed at $0.22, but it had experienced a 29% increase over the previous seven days.
- Increased Open Interest:
- The rise in open interest could indicate growing demand in contracts linked to FTM.
- The Chaikin Money Flow (CMF) was 0.05, suggesting ongoing buying pressure.
- Factors Affecting FTM's Price:
- The price initially fell from $0.23 after the Sonic Testnet announcement, possibly due to a "buy the rumor, sell the news" scenario.
- The Relative Strength Index (RSI) was at 64.05, indicating potential buyer fatigue.
- The RSI might drop below 60, leading to a potential price decrease to $0.20, while a renewed buying pressure could push FTM to $0.24.
- Traders' Optimism:
- Despite FTM's price stability, traders remain hopeful about profiting from its movement.
- Rising open interest suggests a belief in FTM's potential for profit.
In Summary:
The launch of Fantom Foundation's Sonic Testnet did not immediately boost FTM's price, possibly due to market dynamics. However, the token remains promising, and traders are watching for potential opportunities. The Sonic Testnet is expected to remain open until the end of the year, with the Mainnet scheduled for spring 2024.
#FANTOM #FTM $FTM #SonicTestnet
#FANTOM is retracing in the wave 2 in red which is a micro wave within the larger Elliot wave 3 in blue. Targets for the wave 2 between the $0.4363 - $0.4269. Th area highlighted in red. Once the target is maximized expect a breakout in the wave 3.
#FANTOM still expecting a rally in the wave 3. As long as this short term bearish movements holds the fib between the fib level 0.38 and 0.618 that is between $0.4657 - $0.4537 and still bullish.
$FTM - update:
Another magic tweet: More than-30% ✅
Every time I go back to an old chart analysis it's accurate..🔥
How come I still haven't reached 100k followers?😡
I guess that you prefer to follow mediocre content just because they have 500k followers and more?😳
My tips box is open 🤩🎁
#FTMUSD #FANTOM #trading #BTC
Another magic tweet: More than-30% ✅
Every time I go back to an old chart analysis it's accurate..🔥
How come I still haven't reached 100k followers?😡
I guess that you prefer to follow mediocre content just because they have 500k followers and more?😳
My tips box is open 🤩🎁
#FTMUSD #FANTOM #trading #BTC
LIVE
Crypto_Jobs
--
Bearish
$FTM
I found this perfect H&S setup📉
Potential 15% dump toward the 0.400$ support.
It make sense regarding the fact that $BTC is currently bearish.
#ftm/usdt #FTM #trading #crypto #BinanceSquare
I found this perfect H&S setup📉
Potential 15% dump toward the 0.400$ support.
It make sense regarding the fact that $BTC is currently bearish.
#ftm/usdt #FTM #trading #crypto #BinanceSquare
#FTM
Short term scenario: Bullish 📈
We can expect a + 7 - 8% retracement
Mid term : Bearish (50% dump possible!)📉
#FANTOM #crypto2023 #trading #feedfeverchallenge
Short term scenario: Bullish 📈
We can expect a + 7 - 8% retracement
Mid term : Bearish (50% dump possible!)📉
#FANTOM #crypto2023 #trading #feedfeverchallenge
Le 6 potenziali monete di Binance, un'impennata del mercato rialzista di 50X non è un sogno!
Credo che molti amici delle criptovalute, come me, abbiano sentito il ciclo del mercato delle criptovalute spostarsi dal dubbio alla "speranza" negli ultimi mesi. Gli investitori si sono finalmente ripresi dal disturbo da stress post-traumatico del mercato ribassista e le aspettative per il prossimo mercato rialzista crescono di giorno in giorno.
Oggi voglio condividere le mie 6 potenziali monete sulla piattaforma Binance, che si prevede raggiungeranno tutte un aumento di 50 volte nel prossimo mercato rialzista! Senza ulteriori indugi, andiamo subito al sodo:
1. Chainlink (LINK): da 6,50 a 15 dollari (+135%), capitalizzazione di mercato di 8,5 miliardi di dollari
Essendo l'infrastruttura principale nel settore delle criptovalute, Chainlink ha una forte interconnettività, rendimenti elevati e rischi bassi . Il loro protocollo di interoperabilità CCIP rivoluzionerà le comunicazioni blockchain. Lo consiglio vivamente, punta a 10-15x!
2. Polygon (MATIC): da 0,87 a 0,85 dollari (-2,5%), capitalizzazione di mercato 8 miliardi di dollari
Il mercato ha sottovalutato il potenziale di Polygon 2.0. Anche se la crescita dei prezzi di MATIC è stata contenuta dopo il rapido aumento all'inizio dell'anno, sono ancora ottimista al riguardo. Ho investito alcuni fondi in MATIC dopo aver realizzato profitti da altre monete, sperando che sia ETH che L2 si riprendessero, spingendo Polygon 2.0 a decollare insieme. Ottimista 10-15 volte!
3. Fantom (FTM): da $ 0,37 a $ 0,49 (+ 30%), capitalizzazione di mercato $ 1,3 miliardi.
Fantom ha uno degli stack tecnologici della catena EVM più robusti, ma l'incidente della violazione del ponte Multichain gli ha inferto un duro colpo. Tuttavia si è ripreso dalla battuta d’arresto e mostra segni di ripresa. Se riceverà più attenzione, si prevede che Fantom crescerà di 20 volte!$$$$
Per ulteriori analisi, seguimi e condividi le password spot giornaliere gratuite e i layout delle strategie di mercato rialzista in cima all'elenco!
#FANTOM #POLYGON
Credo che molti amici delle criptovalute, come me, abbiano sentito il ciclo del mercato delle criptovalute spostarsi dal dubbio alla "speranza" negli ultimi mesi. Gli investitori si sono finalmente ripresi dal disturbo da stress post-traumatico del mercato ribassista e le aspettative per il prossimo mercato rialzista crescono di giorno in giorno.
Oggi voglio condividere le mie 6 potenziali monete sulla piattaforma Binance, che si prevede raggiungeranno tutte un aumento di 50 volte nel prossimo mercato rialzista! Senza ulteriori indugi, andiamo subito al sodo:
1. Chainlink (LINK): da 6,50 a 15 dollari (+135%), capitalizzazione di mercato di 8,5 miliardi di dollari
Essendo l'infrastruttura principale nel settore delle criptovalute, Chainlink ha una forte interconnettività, rendimenti elevati e rischi bassi . Il loro protocollo di interoperabilità CCIP rivoluzionerà le comunicazioni blockchain. Lo consiglio vivamente, punta a 10-15x!
2. Polygon (MATIC): da 0,87 a 0,85 dollari (-2,5%), capitalizzazione di mercato 8 miliardi di dollari
Il mercato ha sottovalutato il potenziale di Polygon 2.0. Anche se la crescita dei prezzi di MATIC è stata contenuta dopo il rapido aumento all'inizio dell'anno, sono ancora ottimista al riguardo. Ho investito alcuni fondi in MATIC dopo aver realizzato profitti da altre monete, sperando che sia ETH che L2 si riprendessero, spingendo Polygon 2.0 a decollare insieme. Ottimista 10-15 volte!
3. Fantom (FTM): da $ 0,37 a $ 0,49 (+ 30%), capitalizzazione di mercato $ 1,3 miliardi.
Fantom ha uno degli stack tecnologici della catena EVM più robusti, ma l'incidente della violazione del ponte Multichain gli ha inferto un duro colpo. Tuttavia si è ripreso dalla battuta d’arresto e mostra segni di ripresa. Se riceverà più attenzione, si prevede che Fantom crescerà di 20 volte!$$$$
Per ulteriori analisi, seguimi e condividi le password spot giornaliere gratuite e i layout delle strategie di mercato rialzista in cima all'elenco!
#FANTOM #POLYGON
LIVEAltcoinMaestro
--
Bullish
FTM is looking very bullish on the weekly timeframe. A bullish harmonic pattern suggests that the breakout target could be significant, around $0.70 to $0.80.
#FTM. #ftmpump #FTMUSD #fantom #Ftmusdt $FTM
#FTM. #ftmpump #FTMUSD #fantom #Ftmusdt $FTM
The falling wedge pattern that we've been tracking is edging closer to a breakout above the descending resistance this could be the moment we’ve been waiting for!
he key resistance at $0.5500. If #FANTOM can hold steady at this level, we could see a powerful bullish rally, mimicking past upward trends. But, be cautious: if momentum falters, #FTM may drop, with a possible bullish rebound from the lower demand zone around $0.25.
$FTM
he key resistance at $0.5500. If #FANTOM can hold steady at this level, we could see a powerful bullish rally, mimicking past upward trends. But, be cautious: if momentum falters, #FTM may drop, with a possible bullish rebound from the lower demand zone around $0.25.
$FTM
Daily Market Report, 10 April
Daily Market Report, 10 April
The crypto market has slid downwards by another 3% over the last day, bringing the total market cap from well over $2.6 trillion to around $2.59 trillion.
The crypto market’s heatmap also indicates that the reds are spread across the entire market.
Considering how close the halving is at this point, we can say that the high volatility across the market is warranted.
In terms of liquidations, it appears that the market’s movements over the last day, have not favoured the bulls by any means.
Over the last day, leveraged traders across the market have lost around $290 million, with the bulls taking the cake at around $$237 million, and the bears coming in with the remaining $52 million.
Overall, we can say that the Bears have had the upper hand over the last 24 hours.
Where To With Bitcoin?
Bitcoin’s decline from around $72,800 became even more pronounced over the last two days, considering its current price of around $69,460 at the time of writing.
However, the silver lining in all of this is how the 25-day moving average has been able to hold the cryptocurrency up from here.
Despite the volatility, Bitcoin’s RSI shows neutrality, indicating that the bulls still have plenty of chances to turn things around.
However, investors still cannot rule out the possibility of a decline below the 25-day moving average of around $68,000.
Bitcoin must remain above this level to prevent a decline to $66,000 or even lower.
Ethereum Lost The $3,660 Support
Over the last day, Ethereum declined underneath the $3,660 support, after breaking above only a day before.
The cryptocurrency's price action is similar to that of Bitcoin, in that the 25-day moving average (around $3,478) is doing a solid job of keeping the cryptocurrency hoisted above a possible drop to $3,000.
With this in mind, this moving average must remain unbroken from here.
Can Fantom Break $1
Fantom is making a strong attempt at breaking the $1 resistance from here, after rebounding off the ascending trendline shown below:
We can expect the resulting price action to be massive on Fantom if we see a break above $1.
Beyond $1, investors can keep an eye on the local $1.22 resistance, considering how it stands as the gateway to a stronger rally to a retest of the $1.4 target.
Watch Out For Pendle
Despite the general market declines, Pendle seems to be less affected by the whole thing.
The cryptocurrency has been trending upwards for weeks now, as shown by the snapshot below.
As seen, Pendle just rebounded off the $6 level and is attempting to continue its rally further upwards from here.
According to indications from the Fibonacci retracement tool, the next target for Pendle might sit at around $8.3 from its current price.
Tron Is About To Rebound
According to the charts, Tron has been on a bullish roll for a long time and doesn't seem to be much affected by the general market volatility.
We can verify this from this ridiculously long bullish trend that has been valid since November 2022.
Tron attempted to break the $0.15 resistance in February 2023. However, after a rejection, the cryptocurrency was forced to retest the trendline and break below its 25-day moving average once again.
As we can see from the above, Tron is attempting to break above this moving average once again and should be ready to make another kick at $0.15 pretty soon.
#TRON #PENDLE #FANTOM #ETH #BTC
$TRX $PENDLE $ETH
The crypto market has slid downwards by another 3% over the last day, bringing the total market cap from well over $2.6 trillion to around $2.59 trillion.
The crypto market’s heatmap also indicates that the reds are spread across the entire market.
Considering how close the halving is at this point, we can say that the high volatility across the market is warranted.
In terms of liquidations, it appears that the market’s movements over the last day, have not favoured the bulls by any means.
Over the last day, leveraged traders across the market have lost around $290 million, with the bulls taking the cake at around $$237 million, and the bears coming in with the remaining $52 million.
Overall, we can say that the Bears have had the upper hand over the last 24 hours.
Where To With Bitcoin?
Bitcoin’s decline from around $72,800 became even more pronounced over the last two days, considering its current price of around $69,460 at the time of writing.
However, the silver lining in all of this is how the 25-day moving average has been able to hold the cryptocurrency up from here.
Despite the volatility, Bitcoin’s RSI shows neutrality, indicating that the bulls still have plenty of chances to turn things around.
However, investors still cannot rule out the possibility of a decline below the 25-day moving average of around $68,000.
Bitcoin must remain above this level to prevent a decline to $66,000 or even lower.
Ethereum Lost The $3,660 Support
Over the last day, Ethereum declined underneath the $3,660 support, after breaking above only a day before.
The cryptocurrency's price action is similar to that of Bitcoin, in that the 25-day moving average (around $3,478) is doing a solid job of keeping the cryptocurrency hoisted above a possible drop to $3,000.
With this in mind, this moving average must remain unbroken from here.
Can Fantom Break $1
Fantom is making a strong attempt at breaking the $1 resistance from here, after rebounding off the ascending trendline shown below:
We can expect the resulting price action to be massive on Fantom if we see a break above $1.
Beyond $1, investors can keep an eye on the local $1.22 resistance, considering how it stands as the gateway to a stronger rally to a retest of the $1.4 target.
Watch Out For Pendle
Despite the general market declines, Pendle seems to be less affected by the whole thing.
The cryptocurrency has been trending upwards for weeks now, as shown by the snapshot below.
As seen, Pendle just rebounded off the $6 level and is attempting to continue its rally further upwards from here.
According to indications from the Fibonacci retracement tool, the next target for Pendle might sit at around $8.3 from its current price.
Tron Is About To Rebound
According to the charts, Tron has been on a bullish roll for a long time and doesn't seem to be much affected by the general market volatility.
We can verify this from this ridiculously long bullish trend that has been valid since November 2022.
Tron attempted to break the $0.15 resistance in February 2023. However, after a rejection, the cryptocurrency was forced to retest the trendline and break below its 25-day moving average once again.
As we can see from the above, Tron is attempting to break above this moving average once again and should be ready to make another kick at $0.15 pretty soon.
#TRON #PENDLE #FANTOM #ETH #BTC
$TRX $PENDLE $ETH