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BREAKING 💥FTM SWAP ✅📢
$FTM 🦅
🦅Binance has announced its support for the rebranding and token swap of Fantom ($FTM ) to Sonic (S), scheduled for early January 2025.
Key Dates and Actions💥
January 13, 2025🦅
At 03:00 UTC, Binance will delist all FTM spot trading pairs, including FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT.
At 03:30 UTC, deposits and withdrawals of #FTM. will be suspended.
January 16, 2025💥
At 07:00 UTC, deposits for Sonic (S) tokens will open.
At 08:00 UTC, trading for Sonic (S) spot pairs, such as S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT, will commence.
Token Swap Details🦅
All FTM tokens held on Binance will be automatically converted to Sonic (S) at a 1:1 ratio.
Users are not required to take any action for this conversion.
Service Adjustments🦅
Futures and Margin Trading:
#FTM -related contracts will be settled and delisted on January 6, 2025.
FTM will be removed from Cross and Isolated Margin on January 8, 2025.
Loans, Simple Earn, and Auto-Invest:
FTM products will cease support by mid-January 2025.
Other Services:
FTM will be removed from Binance Pay, Convert, and Gift Cards by mid-January 2025.
Tokenomics of Sonic (S):
Initial circulating supply: approximately 2.88 billion tokens.
Initial total supply: 3.175 billion tokens, mirroring #FTM: supply at launch on the Sonic chain.
Total supply will increase at a limited rate of 15% until 2031, excluding block rate rewards.
After four years, the annual inflation rate for S will stabilize at 1.75%.
This strategic upgrade to the Sonic blockchain aims to enhance performance, scalability, and user experience, fostering innovation and ecosystem growth.
#BitcoinInSwissReserves
🦅Binance has announced its support for the rebranding and token swap of Fantom ($FTM ) to Sonic (S), scheduled for early January 2025.
Key Dates and Actions💥
January 13, 2025🦅
At 03:00 UTC, Binance will delist all FTM spot trading pairs, including FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT.
At 03:30 UTC, deposits and withdrawals of #FTM. will be suspended.
January 16, 2025💥
At 07:00 UTC, deposits for Sonic (S) tokens will open.
At 08:00 UTC, trading for Sonic (S) spot pairs, such as S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT, will commence.
Token Swap Details🦅
All FTM tokens held on Binance will be automatically converted to Sonic (S) at a 1:1 ratio.
Users are not required to take any action for this conversion.
Service Adjustments🦅
Futures and Margin Trading:
#FTM -related contracts will be settled and delisted on January 6, 2025.
FTM will be removed from Cross and Isolated Margin on January 8, 2025.
Loans, Simple Earn, and Auto-Invest:
FTM products will cease support by mid-January 2025.
Other Services:
FTM will be removed from Binance Pay, Convert, and Gift Cards by mid-January 2025.
Tokenomics of Sonic (S):
Initial circulating supply: approximately 2.88 billion tokens.
Initial total supply: 3.175 billion tokens, mirroring #FTM: supply at launch on the Sonic chain.
Total supply will increase at a limited rate of 15% until 2031, excluding block rate rewards.
After four years, the annual inflation rate for S will stabilize at 1.75%.
This strategic upgrade to the Sonic blockchain aims to enhance performance, scalability, and user experience, fostering innovation and ecosystem growth.
#BitcoinInSwissReserves
Heyy Guyss please Suggest me Can I Hold Or Sale please.. @Ernesto Smith #MOVEOpening #FTM: #1mbabydogcoin
🔥 $FTM Signal Results: Bullish Target Achieved 🚀
The long signal on $FTM has hit 100% success, reaching all key targets outlined in our setup. Strong bullish momentum has powered FTM past resistances, validating our entry and risk management strategy.
Signal Recap:
Entry Zone: $1.31 - $1.32
Targets: 🎯 $1.35 / $1.40 / $1.48 ✅
Stop Loss: 🔒 Below $1.28
FTM's breakout above critical resistance levels and a retest of $1.31 paved the way for strong upward movement.
---
📊 Market Insights:
24H High: $1.4782
24H Low: $1.1970
Gain: +16.23% 🌟
Key Takeaway:
This move highlights the importance of volume confirmation and disciplined risk management. FTM’s bullish breakout has delivered exceptional gains—congratulations to those who secured profits as targets were met!
🔗 Trade FTM on Binance and stay ready for the next opportunity!
#FTM: #CryptoTrading #BullishBreakout #TradingSignals
The long signal on $FTM has hit 100% success, reaching all key targets outlined in our setup. Strong bullish momentum has powered FTM past resistances, validating our entry and risk management strategy.
Signal Recap:
Entry Zone: $1.31 - $1.32
Targets: 🎯 $1.35 / $1.40 / $1.48 ✅
Stop Loss: 🔒 Below $1.28
FTM's breakout above critical resistance levels and a retest of $1.31 paved the way for strong upward movement.
---
📊 Market Insights:
24H High: $1.4782
24H Low: $1.1970
Gain: +16.23% 🌟
Key Takeaway:
This move highlights the importance of volume confirmation and disciplined risk management. FTM’s bullish breakout has delivered exceptional gains—congratulations to those who secured profits as targets were met!
🔗 Trade FTM on Binance and stay ready for the next opportunity!
#FTM: #CryptoTrading #BullishBreakout #TradingSignals
Bit_Guru
--
Bullish
$FTM Momentum Building for the Next Move 🚀
🔥 Long Signal Alert
Entry Zone: $1.31 - $1.32
Targets: 🎯 $1.35 / $1.40 / $1.48
Stop Loss: 🛡️ Below $1.28
$FTM is showing strong bullish momentum, breaking above key resistance at $1.2804 and hitting a 24H high of $1.3190. A clean retest of $1.31 could trigger the next leg up toward $1.40 and beyond. Monitor volume closely for confirmation and secure profits as targets are met.
Market Insights:
24H High: $1.3190
24H Low: $1.1970
Trend: Uptrend with consecutive bullish candles on the 1H chart.
Risk Management Tip: Keep a disciplined stop loss below $1.28 to protect capital while riding this upward breakout.
#CryptoTrading #TradingSignals #CryptoMarket #BinanceLaunchpool
🔥 Long Signal Alert
Entry Zone: $1.31 - $1.32
Targets: 🎯 $1.35 / $1.40 / $1.48
Stop Loss: 🛡️ Below $1.28
$FTM is showing strong bullish momentum, breaking above key resistance at $1.2804 and hitting a 24H high of $1.3190. A clean retest of $1.31 could trigger the next leg up toward $1.40 and beyond. Monitor volume closely for confirmation and secure profits as targets are met.
Market Insights:
24H High: $1.3190
24H Low: $1.1970
Trend: Uptrend with consecutive bullish candles on the 1H chart.
Risk Management Tip: Keep a disciplined stop loss below $1.28 to protect capital while riding this upward breakout.
#CryptoTrading #TradingSignals #CryptoMarket #BinanceLaunchpool
Trading Signals for Fantom:
Action: BUY $FTM
Entry Price Range: $1.25 - $1.31
Take Profit Targets:
TP1: $1.42
TP2: $1.56
TP3: $1.75
Stop Loss (SL): $1.18
Dollar-Cost Averaging (DCA): Add at $1.20 and $1.15 if the price dips further.
🍼Spot Trader: Click Here 👉$FTM
🥂Futures Trader: Click Here👆 (Don't overleverage futures trades unless you're a pro (max 2x-5x). Greed is a losing strategy.)
🚨Note: Trade at your own risk; this signal is not guaranteed. DYOR (Do Your Own Research).
Extra Tips: If the price is not in your favor immediately, consider holding for a few days. FTM's historical trends suggest recovery potential over time, which can lead to profits.
Fantom (FTM) has shown impressive growth, with an 85.24% increase over the past 30 days. Its strong momentum suggests bullish sentiment, but the slight dip in the last 7 days (-1.14%) might indicate a temporary pullback before the next upward leg.
Support Levels: $1.20, $1.15
Resistance Levels: $1.42, $1.56
Indicators:
RSI: Slightly above neutral, suggesting potential for more upward movement.
Moving Averages: FTM is trading above its 50-day and 200-day moving averages, reinforcing the bullish trend.
Volume: 24-hour trading volume of $406M reflects healthy market activity.
Overall, FTM remains a promising asset, with potential to retest its recent highs if market conditions stay favorable.
#BinanceLaunchpoolVANA #BinanceListsVelodrome #BitcoinKeyZone #USUALSpotLaunch #FTM:
🙏 If you appreciate the signals and insights, feel free to send a small tip! (Click the $ icon below) 😊
Action: BUY $FTM
Entry Price Range: $1.25 - $1.31
Take Profit Targets:
TP1: $1.42
TP2: $1.56
TP3: $1.75
Stop Loss (SL): $1.18
Dollar-Cost Averaging (DCA): Add at $1.20 and $1.15 if the price dips further.
🍼Spot Trader: Click Here 👉$FTM
🥂Futures Trader: Click Here👆 (Don't overleverage futures trades unless you're a pro (max 2x-5x). Greed is a losing strategy.)
🚨Note: Trade at your own risk; this signal is not guaranteed. DYOR (Do Your Own Research).
Extra Tips: If the price is not in your favor immediately, consider holding for a few days. FTM's historical trends suggest recovery potential over time, which can lead to profits.
Fantom (FTM) has shown impressive growth, with an 85.24% increase over the past 30 days. Its strong momentum suggests bullish sentiment, but the slight dip in the last 7 days (-1.14%) might indicate a temporary pullback before the next upward leg.
Support Levels: $1.20, $1.15
Resistance Levels: $1.42, $1.56
Indicators:
RSI: Slightly above neutral, suggesting potential for more upward movement.
Moving Averages: FTM is trading above its 50-day and 200-day moving averages, reinforcing the bullish trend.
Volume: 24-hour trading volume of $406M reflects healthy market activity.
Overall, FTM remains a promising asset, with potential to retest its recent highs if market conditions stay favorable.
#BinanceLaunchpoolVANA #BinanceListsVelodrome #BitcoinKeyZone #USUALSpotLaunch #FTM:
🙏 If you appreciate the signals and insights, feel free to send a small tip! (Click the $ icon below) 😊
$FTM /USDT Long Signal – Bullish Momentum Building! 🔥💯
Entry Zone: $1.38 - $1.40
Targets: $1.45 / $1.50 / $1.58
Stop Loss: Below $1.35
$FTM /USDT is breaking out after a strong upward rally and forming a bullish continuation pattern. A decisive close above $1.40 confirms strength, with rising volume supporting the trend. Expect resistance around $1.45; a breakout could push towards $1.58. Keep an eye on higher lows to confirm sustained momentum.
Current Price: $1.4149 (+14.99%)
#BinanceListsVelodrome #BinanceLaunchpoolVANA #FTM:
Entry Zone: $1.38 - $1.40
Targets: $1.45 / $1.50 / $1.58
Stop Loss: Below $1.35
$FTM /USDT is breaking out after a strong upward rally and forming a bullish continuation pattern. A decisive close above $1.40 confirms strength, with rising volume supporting the trend. Expect resistance around $1.45; a breakout could push towards $1.58. Keep an eye on higher lows to confirm sustained momentum.
Current Price: $1.4149 (+14.99%)
#BinanceListsVelodrome #BinanceLaunchpoolVANA #FTM:
$FTM /USDT Technical Analysis – Bulls Driving Strong Momentum.. Strong Bull
FTM/USDT has surged to a 24-hour high of $1.3340, recording a solid 7.87% gain from its recent low of $1.1970. This upward move confirms strong buyer dominance, as the price breaks through key resistance near $1.2906. If FTM maintains its momentum above the $1.3300 zone, traders can expect further gains toward the next resistance levels at $1.3500 and $1.3700. However, a pullback to immediate support at $1.2900 may present an excellent opportunity for re-entry. With rising volume and clear bullish momentum, FTM offers a promising setup for traders seeking short-term profits while managing risks with tight stop-losses.
#Write2Earn! #FTM: #Ftmusdt
FTM/USDT has surged to a 24-hour high of $1.3340, recording a solid 7.87% gain from its recent low of $1.1970. This upward move confirms strong buyer dominance, as the price breaks through key resistance near $1.2906. If FTM maintains its momentum above the $1.3300 zone, traders can expect further gains toward the next resistance levels at $1.3500 and $1.3700. However, a pullback to immediate support at $1.2900 may present an excellent opportunity for re-entry. With rising volume and clear bullish momentum, FTM offers a promising setup for traders seeking short-term profits while managing risks with tight stop-losses.
#Write2Earn! #FTM: #Ftmusdt
$FTM /USDT Long Signal – Bullish Momentum Building?
Entry Zone: $1.38 - $1.40
Targets: $1.45 / $1.52 / $1.60
Stop Loss: Below $1.34
$FTM has broken out with strong bullish candles, creating higher highs and consolidating steadily near $1.40. On the 30-minute chart, sustained buying pressure is evident. A clear breakout above $1.40 could signal further upside potential.
Next Move: A bullish pattern is forming, suggesting a possible continuation toward key resistance levels. Monitor for volume spikes to confirm momentum. Manage risk with a tight stop loss below $1.34.
Current Price: $1.4156 (+15.77%)
#CryptoUsersHit18M #FTM: #Ftmusdt #BinanceLaunchpoolVANA #BTCReclaims101K
Entry Zone: $1.38 - $1.40
Targets: $1.45 / $1.52 / $1.60
Stop Loss: Below $1.34
$FTM has broken out with strong bullish candles, creating higher highs and consolidating steadily near $1.40. On the 30-minute chart, sustained buying pressure is evident. A clear breakout above $1.40 could signal further upside potential.
Next Move: A bullish pattern is forming, suggesting a possible continuation toward key resistance levels. Monitor for volume spikes to confirm momentum. Manage risk with a tight stop loss below $1.34.
Current Price: $1.4156 (+15.77%)
#CryptoUsersHit18M #FTM: #Ftmusdt #BinanceLaunchpoolVANA #BTCReclaims101K
Analyzing the 4-hour chart for $FTM /USDT, we can see the following:
1. Current Price and Trend: The price is trading at $1.4196 after breaking above the upward trendline (highlighted in red). This breakout indicates strong bullish momentum in the short term.
2. Long Entry: A long position can be taken if the price consolidates above $1.42 or pulls back to retest the breakout trendline as support. Confirmation on lower timeframes would add strength to this entry.
Stop Loss for Long: Place a stop loss at $1.36 to protect against a failed breakout.
Target for Long: The first target can be set at $1.50, which is a psychological resistance level, and the next target around $1.55 for extended momentum.
3. Short Entry: A short trade should only be considered if the price falls back below $1.38, invalidating the breakout and indicating a fake-out or trend reversal.
Stop Loss for Short: Place a stop loss at $1.45 to limit risks on upside moves.
Target for Short: The downside target for shorts would be $1.30, and extended weakness could drive the price toward $1.25.
4. Volume Analysis: The increasing volume indicates buyer confidence. If the volume remains strong, the upward momentum will likely continue.
Summary:
Long: Entry at $1.42 (or retest), Stop Loss $1.36, Targets $1.50 and $1.55.
Short: Entry below $1.38, Stop Loss $1.45, Targets $1.30 and $1.25.
Traders should wait for confirmation and use proper risk management to align with the prevailing market structure.
#MarketNewHype #MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #USUALSpotLaunch #FTM:
1. Current Price and Trend: The price is trading at $1.4196 after breaking above the upward trendline (highlighted in red). This breakout indicates strong bullish momentum in the short term.
2. Long Entry: A long position can be taken if the price consolidates above $1.42 or pulls back to retest the breakout trendline as support. Confirmation on lower timeframes would add strength to this entry.
Stop Loss for Long: Place a stop loss at $1.36 to protect against a failed breakout.
Target for Long: The first target can be set at $1.50, which is a psychological resistance level, and the next target around $1.55 for extended momentum.
3. Short Entry: A short trade should only be considered if the price falls back below $1.38, invalidating the breakout and indicating a fake-out or trend reversal.
Stop Loss for Short: Place a stop loss at $1.45 to limit risks on upside moves.
Target for Short: The downside target for shorts would be $1.30, and extended weakness could drive the price toward $1.25.
4. Volume Analysis: The increasing volume indicates buyer confidence. If the volume remains strong, the upward momentum will likely continue.
Summary:
Long: Entry at $1.42 (or retest), Stop Loss $1.36, Targets $1.50 and $1.55.
Short: Entry below $1.38, Stop Loss $1.45, Targets $1.30 and $1.25.
Traders should wait for confirmation and use proper risk management to align with the prevailing market structure.
#MarketNewHype #MicroStrategyJoinsNasdaq100 #BinanceLaunchpoolVANA #USUALSpotLaunch #FTM:
🚀Best Trade For Spot---4% if future 📝🎢
$FTM
FTM/USDT :Go Sell It For Atleast
1.6
1.8
2.2
moon
Like following and share
best of luck (market tips)
#FTM: #FTXAuction #BinanceSquareFamily #CryptoUsersHit18M
FTM/USDT :Go Sell It For Atleast
1.6
1.8
2.2
moon
Like following and share
best of luck (market tips)
#FTM: #FTXAuction #BinanceSquareFamily #CryptoUsersHit18M
Analysis of #FTM:
$FTM has been in a strong uptrend, breaking and holding above the key $1.17–$1.22 zone.
The price is showing a strong rejection from this level and is likely to move higher, especially if #BTC stays stable or continues its rise.
Buying on dips could be a good strategy for longs.
#BNBHitsATH #FTM: #AqibAlpha #BinanceSquareFamily
$FTM has been in a strong uptrend, breaking and holding above the key $1.17–$1.22 zone.
The price is showing a strong rejection from this level and is likely to move higher, especially if #BTC stays stable or continues its rise.
Buying on dips could be a good strategy for longs.
#BNBHitsATH #FTM: #AqibAlpha #BinanceSquareFamily
📊FTM FANTOM UPDATE📝
$FTM
"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
#FTM: #FTMRising #BinanceAlpha #MarketNewHype #Write2Earn!
"🌟 Welcome to Golden Candle! 🌟
We're a team of 📈 passionate traders 📉 who love sharing our 🔍 technical analysis insights 🔎 with the TradingView community. 🌎
Our goal is to provide 💡 valuable perspectives 💡 on market trends and patterns, but 🚫 please note that our analyses are not intended as buy or sell recommendations. 🚫
Instead, they reflect our own 💭 personal attitudes and thoughts. 💭
Follow along and 📚 learn 📚 from our analyses! 📊💡"
#FTM: #FTMRising #BinanceAlpha #MarketNewHype #Write2Earn!
$FET UPDATE 🚨⬇️
$FET has shown a nice gain with approximately a 13.3% pump (as expected), which is quite good.
However, the targets remain intact for the future. Keep a close watch on a breakout above 1.921, as this could lead to further upward movement. It's important to wait not just for the breakout but also for confirmation.
Hopefully, just like with $FTM , you caught it early and secured some good profits.
Remember, a break below 1.844 could lead to further downside, with 1.718 acting as a strong support that has been holding for a long time.
#FTM: #FET.智能策略库🏆🏆 #EmperorMajesty #TradingMadeEasy
$FET has shown a nice gain with approximately a 13.3% pump (as expected), which is quite good.
However, the targets remain intact for the future. Keep a close watch on a breakout above 1.921, as this could lead to further upward movement. It's important to wait not just for the breakout but also for confirmation.
Hopefully, just like with $FTM , you caught it early and secured some good profits.
Remember, a break below 1.844 could lead to further downside, with 1.718 acting as a strong support that has been holding for a long time.
#FTM: #FET.智能策略库🏆🏆 #EmperorMajesty #TradingMadeEasy
$FET / USDT - UPDATE 🚨
FET is showing promising moves. Five days ago, we witnessed a solid breakout from the resistance zone, followed by a successful retest of support, and now it's climbing again. Despite these impressive achievements, the target of 2.084+ hasn’t been reached yet, but it’s on the horizon.
In the coming days, FET could easily make it to the gainers' list with a remarkable 20% or more growth.
Hold your positions and stay patient through minor dips.
Remember, when $BTC drops, it pulls everything down momentarily, but once dominance eases, altcoins like FET shine.
Keep watching, big moves ahead.
#Fetch_ai #FET.👀 #EmperorMajesty #AltcoinInvesting
FET is showing promising moves. Five days ago, we witnessed a solid breakout from the resistance zone, followed by a successful retest of support, and now it's climbing again. Despite these impressive achievements, the target of 2.084+ hasn’t been reached yet, but it’s on the horizon.
In the coming days, FET could easily make it to the gainers' list with a remarkable 20% or more growth.
Hold your positions and stay patient through minor dips.
Remember, when $BTC drops, it pulls everything down momentarily, but once dominance eases, altcoins like FET shine.
Keep watching, big moves ahead.
#Fetch_ai #FET.👀 #EmperorMajesty #AltcoinInvesting
$FTM
#FTM:
long
buy zone .81 ,.82 or below
stoploss .79
tp.86
tp2=.90
tp3=1
remember at 1 there is a resistance if it breaks then you will see new high
#write2earn…. #DYOR*
#FTM:
long
buy zone .81 ,.82 or below
stoploss .79
tp.86
tp2=.90
tp3=1
remember at 1 there is a resistance if it breaks then you will see new high
#write2earn…. #DYOR*
$FTM is moving exactly as I predicted 🔥🔥🔥
Running in profit 💰💰💰💰💰💰💰💰
Who was holding This trade ???
Congratulations to you guys who started This trade 💸💸💸💸
#Write2Earn! #FTM:
Running in profit 💰💰💰💰💰💰💰💰
Who was holding This trade ???
Congratulations to you guys who started This trade 💸💸💸💸
#Write2Earn! #FTM:
$FTM just hit 1.40$ .Soon will hit 2$ 🚀🚀🔥
Secure your profit and hold 💰
This is how many times I asked you guys to spot Buy $FTM for biggggggg profits and now check
Running in 2391% profit 💸💰🔥🚀🔥🚀🔥
What else I can do for you guys ????
Who was holding This trade ???
comment below your profit 💰💰💰💰
#Write2Earn! #FTMUSD #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M
Secure your profit and hold 💰
This is how many times I asked you guys to spot Buy $FTM for biggggggg profits and now check
Running in 2391% profit 💸💰🔥🚀🔥🚀🔥
What else I can do for you guys ????
Who was holding This trade ???
comment below your profit 💰💰💰💰
#Write2Earn! #FTMUSD #MicroStrategyJoinsNasdaq100 #CryptoUsersHit18M
🚀 Fantom ($FTM) Eyes $1.68: Is a Breakout Imminent?
As of December 15, 2024, Fantom ($FTM) is trading at approximately $1.22, reflecting a 5.05% decrease over the past 24 hours.
Key Support and Resistance Levels:
Immediate Support: $1.05 – A recent low where buyers have previously entered, providing a potential floor for the current price.
Immediate Resistance: $1.33 – A recent high that FTM may retest if bullish momentum continues.
Technical Indicators:
Moving Averages (MAs): The 50-day Simple Moving Average (SMA) is currently at $0.98, providing immediate support, while the 200-day SMA is at $0.80, indicating a longer-term bullish trend.
Relative Strength Index (RSI): The RSI is approaching overbought territory, suggesting strong buying pressure but also cautioning against potential overextension.
Market Sentiment:
The recent rebranding of Fantom to Sonic Labs has generated significant excitement, contributing to increased trading volumes and positive sentiment around FTM.
Recent Developments:
Sonic Labs Rebranding: Fantom has rebranded to Sonic Labs, aiming to enhance its platform and attract more developers and users.
Increased Whale Activity: An Ethereum whale recently purchased $2 million worth of FTM, indicating confidence in its future performance.
Investor Insights:
Monitor Key Levels: Keep an eye on the $1.33 resistance and $1.05 support levels to gauge potential price movements.
Stay Updated: Follow Fantom's official channels for the latest news and developments, especially regarding the Sonic Labs rebranding.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
👉 Follow for more daily market updates regarding crypto Layer 1 Tokens!
#FTM:
#CryptoUsersHit18M
#MarketMajorComeback
As of December 15, 2024, Fantom ($FTM) is trading at approximately $1.22, reflecting a 5.05% decrease over the past 24 hours.
Key Support and Resistance Levels:
Immediate Support: $1.05 – A recent low where buyers have previously entered, providing a potential floor for the current price.
Immediate Resistance: $1.33 – A recent high that FTM may retest if bullish momentum continues.
Technical Indicators:
Moving Averages (MAs): The 50-day Simple Moving Average (SMA) is currently at $0.98, providing immediate support, while the 200-day SMA is at $0.80, indicating a longer-term bullish trend.
Relative Strength Index (RSI): The RSI is approaching overbought territory, suggesting strong buying pressure but also cautioning against potential overextension.
Market Sentiment:
The recent rebranding of Fantom to Sonic Labs has generated significant excitement, contributing to increased trading volumes and positive sentiment around FTM.
Recent Developments:
Sonic Labs Rebranding: Fantom has rebranded to Sonic Labs, aiming to enhance its platform and attract more developers and users.
Increased Whale Activity: An Ethereum whale recently purchased $2 million worth of FTM, indicating confidence in its future performance.
Investor Insights:
Monitor Key Levels: Keep an eye on the $1.33 resistance and $1.05 support levels to gauge potential price movements.
Stay Updated: Follow Fantom's official channels for the latest news and developments, especially regarding the Sonic Labs rebranding.
Disclaimer: This information is for educational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.
👉 Follow for more daily market updates regarding crypto Layer 1 Tokens!
#FTM:
#CryptoUsersHit18M
#MarketMajorComeback
📝FTMUSDT (Fantom) Updated till 16-12-24
$FTM
FTMUSDT (Fantom) Daily timeframe range. its moving steadily for a while now. very close to 1.5512 resistance if it can stay above 0.9803 that resistance can be taken out. and that can open up ways to 2.0512 and above.
#FTM: #MarketNewHype #MicroStrategyJoinsNasdaq100 #Write2Earn!
FTMUSDT (Fantom) Daily timeframe range. its moving steadily for a while now. very close to 1.5512 resistance if it can stay above 0.9803 that resistance can be taken out. and that can open up ways to 2.0512 and above.
#FTM: #MarketNewHype #MicroStrategyJoinsNasdaq100 #Write2Earn!