Fantom (FTM) Price Prediction 2022
Fantom (FTM) Price Prediction 2022
Fantom (FTM) holds the 59th position on CoinGecko right now. FTM price prediction 2022 is explained below with a daily time frame.
Horizontal channels are trendlines that connect variable pivot highs and lows to show the price contained between the upper line of resistance and lower line of support. A horizontal channel is also known as a price range or sideways trend. In a horizontal channel, buying and selling pressure is equal and the prevailing price direction is sideways. A horizontal channel or sideways trend has the appearance of a rectangle pattern. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points.
Currently, Fantom (FTM) is in the range of $0.4123. If the pattern continues, the price of FTM might reach the resistance level of $1.1465. If the trend reverses, then the price of Fantom (FTM) may fall to $0.3084.
Fantom (FTM) Support and Resistance Levels
The below chart shows the support and resistance level of Fantom (FTM).
From the above daily time frame, the following are the resistance and support levels of Fantom (FTM).
Resistance Level 1 – $0.3922
Resistance Level 2 – $0.6082
Resistance Level 3 – $0.9628
Resistance Level 4 – $1.7512
Support Level – $0.2124
The charts show that Fantom (FTM) has performed a bullish trend over the past month. If this trend continues, FTM might run along with the bulls overtaking its resistance level at $1.7512.
Accordingly, if the investors turn against the crypto, the price of the Fantom (FTM) might plummet to almost $0.2124, a bearish signal.
Happy Trading !!!!
Fantom (FTM) holds the 59th position on CoinGecko right now. FTM price prediction 2022 is explained below with a daily time frame.
Horizontal channels are trendlines that connect variable pivot highs and lows to show the price contained between the upper line of resistance and lower line of support. A horizontal channel is also known as a price range or sideways trend. In a horizontal channel, buying and selling pressure is equal and the prevailing price direction is sideways. A horizontal channel or sideways trend has the appearance of a rectangle pattern. Horizontal channels provide a clear and systematic way to trade by providing buy and sell points.
Currently, Fantom (FTM) is in the range of $0.4123. If the pattern continues, the price of FTM might reach the resistance level of $1.1465. If the trend reverses, then the price of Fantom (FTM) may fall to $0.3084.
Fantom (FTM) Support and Resistance Levels
The below chart shows the support and resistance level of Fantom (FTM).
From the above daily time frame, the following are the resistance and support levels of Fantom (FTM).
Resistance Level 1 – $0.3922
Resistance Level 2 – $0.6082
Resistance Level 3 – $0.9628
Resistance Level 4 – $1.7512
Support Level – $0.2124
The charts show that Fantom (FTM) has performed a bullish trend over the past month. If this trend continues, FTM might run along with the bulls overtaking its resistance level at $1.7512.
Accordingly, if the investors turn against the crypto, the price of the Fantom (FTM) might plummet to almost $0.2124, a bearish signal.
Happy Trading !!!!
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