Fantom (FTM) Price Prediction 2024: Could FTM Break Short-Term Resistance?

The Fantom price prediction shows that FTM remains in the green as the coin market gains 4.01% within the channel.

The price of FTM coin showed a gain of 4.01% during the past day, moving to $0.4116 at the time of writing. This price action occurred as the coin market experienced a slight downturn, with a loss of 0.06%.

FTM/USD Price Analysis August 22

The price of Fantom (FTM) has recently experienced a breakout from a long-term descending channel on the daily timeframe. This breakout suggests the potential for a strong upward movement. Moreover, the price’s behavior aligns with this, as it recently experienced a false breakout but managed to recover and is now heading toward key resistance levels of $0.58, $0.63, and $0.68, respectively.

After experiencing a downtrend and reaching its lowest price in March 2020, FTM coin price began a strong recovery, eventually reaching an all-time high of $3.48 in October 2021. This焼け物焼成炉幣焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉焼成炉

The above is the detailed content of Fantom (FTM) Price Prediction 2024: Could FTM Break Short-Term Resistance?. For more information, please follow other related articles on the PHP Chinese website!