Fantom (FTM) Price: Potential 38% Drop Ahead
🔍 Investor Interest Waning: Fantom's recent correction of 32.79% since March 25 hints at looming challenges. Investor interest is faltering, seen in stagnant FTM holder numbers. Momentum has slowed drastically, suggesting a shift from bullish to cautious or bearish sentiment.
💼 Exchange Supply Rising: Fantom's supply on exchanges has grown consistently, signaling potential selling pressure. This influx indicates dwindling short-term confidence among investors, who may choose to sell rather than hold for future gains.
📉 Price Prediction: With Fantom's 4-hour chart showing a "death cross," a significant sell-off looms. Failure to hold the $0.71 support level could lead to a 38% drop to $0.55. However, a breakthrough above $0.98 could signal a bullish turnaround, retesting $1.22.
🚨 Stay Informed: Keep an eye on these trends and conduct your own research (DYOR) before investing. The crypto market is dynamic, so stay vigilant for potential opportunities and risks. Remember to follow reliable sources and stay updated on market developments.$FTM #Memecoins #sui #SHIB #BullorBear
