Fantom ( FTM ) holds the 70th position on CoinGecko right now. FTM price prediction 2022 is explained below with a daily time frame.
The falling wedge is a bullish price pattern that represents a story about the market in which bulls are preparing for another push. A falling wedge pattern is bullish , although it appears after a bearish trend . The falling wedge pattern works as both a trend work as a trend reversal and a trend continuation pattern. If the falling wedge appears in a downtrend, it is considered a reversal pattern.
A falling wedge is an important technical formation that signals that the correction, or consolidation, has just ended as the asset’s price left the wedge to the upside and, in most cases, the continuation of the overall trend is taking place.
✅✅✅✅ Currently, Fantom ( FTM ) is in the range of $0.2678. If the pattern continues, the price of FTM might reach the resistance level of $0.3080 If the trend reverses, then the price of Fantom ( FTM ) may fall to $0.2594
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