Bullish journey may occur!
Fantom (FTM) seems to be on the rise, currently up more than 8% on Friday. If the resistance at $1.12 is successfully turned into support, we may see some exciting developments. It remains to be seen how the market will react, as the confirmation will only come at the end of play on Sunday.
According to the Fibonacci levels, $FTM has three potential targets: $1.44 at the 0.384 level, $2.22 at the 0.618 level, and $2.77 at the 0.786 level. Even though the previous all-time high was at $3.47, the $FTM price still has a lot of room to grow.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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