๐จ FANTOM (FTM) FALLS 12% AS WHALE WALLETS HIT MONTHLY LOW ๐
๐ _Current Price:_ $0.244 USD ๐ด
๐ _Market Capitalization:_ $620 Million USD ๐
๐ณ _Whale Wallets Hit Monthly Low:_
Fantom's (FTM) price has taken a hit, falling 12% in the past 24 hours, as whale wallets have reached a monthly low ๐. This suggests that large investors are selling or reducing their FTM holdings, potentially contributing to the price drop.
๐ _Technical Analysis:_
Fantom's (FTM) technical indicators are bearish, with:
1. _RSI (14)_: 34.15 (Oversold) ๐ต
2. _MACD (12, 26)_: Bearish Crossover ๐ด
3. _Moving Averages_: 50-day MA ($0.283) and 200-day MA ($0.245) are both trending downwards ๐
๐ _Support and Resistance Levels:_
1. _Support_: $0.220 ( recent low ) and $0.200 ( psychological level ) ๐
2. _Resistance_: $0.280 ( recent high ) and $0.300 ( psychological level ) ๐
๐ฎ _Prediction:_
Based on the technical analysis, we predict that Fantom (FTM) will:
1. _Short-term (1-2 weeks)_: Continue to decline, potentially reaching $0.200-$0.180 ๐.
2. _Medium-term (1-3 months)_: Experience a rebound, potentially reaching $0.300-$0.350 ๐.
3. _Long-term (6-12 months)_: Reach new highs, potentially exceeding $0.500-$0.600 ๐.
๐ _Investor Advice:_
1. _Stay Calm_: Avoid making impulsive decisions based on short-term market fluctuations ๐.
2. _Diversify_: Spread your investments across various assets to minimize risk and maximize returns ๐.
3. _Stay Informed_: Continuously monitor market news, trends, and analysis to make informed investment decisions ๐.
Remember, investing in cryptocurrency is a high-risk, high-reward endeavor. Always prioritize risk management and stay informed to navigate the market's ups and downs ๐ธ.
#CorePCESignalsShift #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #USJoblessClaimsFall