Resistance

Fantom

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>Fantom price prediction is bearish till it trades below $0.3000.</a> </li> 
 <li> <span>2</span> <a>FTM price is trading below the 200-day and 50-day EMA showcasing a downtrend.</a> </li> 
 <li> <span>3</span> <a>Fanton’s crypto price looks highly oversold.</a> </li> 
</ul> 
<p>Fantom price prediction remains bearish till it trades below the $0.3000 level. FTM prices are declining by forming lower low swings indicating the dominance of sellers.&nbsp;</p> 
<p>Fantom crypto price is trading below the 50-day and 200-day EMA. It showcases that the short-term as well as positional trend is in a downward direction.&nbsp;</p> 
<p>In the middle of June, FTM price took near $0.2100 and showed a minor bounce. Later, prices recovered 44% from the lows and reached $0.3500.&nbsp;</p> 
<p>FTM prices consolidated for a few weeks in the narrow range and formed a short-term base. However, the buyers failed to give the follow-up momentum and prices again reverted down.&nbsp;</p> 
<p>Slow and steady, FTM <a href="https://www.thecoinrepublic.com/2023/07/19/fantom-price-prediction-ftm-price-melts-down-amid-tvl-decline/" rel="noopener noreferrer nofollow">crypto prices</a> declined and returned back to their previous lows. The recent downfall in the overall crypto market has negatively impacted the FTM as well as other Altcoins.&nbsp;</p> 
<p>However, the prices are near yearly lows and buyers are trying their best to defend. Fantom Price is trading at $0.2009 with an intraday decline of -0.54%. The 24-hour volume to market cap is&nbsp; 8.95%.</p> 
<h2 class="wp-block-heading" id="strong-will-fantom-price-recover-in-the-next-month-strong"><strong>Will Fantom Price recover in the next month?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter"> 
  <img decoding="async" src="https://lh4.googleusercontent.com/2ubuCEVdPGMbFLkKT5eqIVfZBklrZWl5Fz5LInC9Z977WSga60cqBUhYg5Jhug2nUot4Q0T6XuvxYd6pPmC7GnsWM6m7U2qAhM5SH2nfhJsfmjQSoHn6YfQsfaUjeLcaZ5pDZUScJboMMbnR5PCpqQ" alt="Fantom Price Prediction: Any Signs of Comeback Visible in FTM?&nbsp;"> 
  <figcaption class="wp-element-caption">
    FTM/USDT daily chart by <a href="https://www.tradingview.com/x/qWQ6C9Gu/" rel="noopener noreferrer nofollow">TradingView</a> 
  </figcaption> 
 </figure> 
</div> 
<p>Fantom price prediction showcases the prices are inside the bear grip. So any short-term pullback will face difficulty in holding the higher levels.&nbsp;</p> 
<p>FTM prices had gone far away from the 50-day EMA so a temporary pullback is pending. But, the reliability of the up move will remain doubtful.&nbsp;</p> 
<p>Till Fantom <a href="https://www.thecoinrepublic.com/2023/07/19/fantom-price-prediction-ftm-price-melts-down-amid-tvl-decline/" target="_blank" rel="noopener noreferrer nofollow">crypto</a> trades below&nbsp; $0.3000, the price is expected to remain in the bear grip. However, if the buyers succeed in breaking the hurdle then we might see more upward momentum.</p> 
<h3 class="wp-block-heading" id="strong-will-ftm-price-consolidate-in-a-narrow-range-strong"><strong>Will FTM Price consolidate in a narrow range?</strong></h3>  
<div class="tradingview-widget-container">
  &nbsp;&nbsp; 
 <div id="tradingview_043ac"></div> &nbsp;&nbsp; 
 <div class="tradingview-widget-copyright"> <a href="https://www.tradingview.com/" rel="noopener noreferrer nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a> 
 </div> &nbsp;&nbsp; 
 <script type="text/javascript" src="https://s3.tradingview.com/tv.js"></script> &nbsp;&nbsp; 
 <script type="text/javascript">

  new TradingView.widget(

  {

  "width": 950,

  "height": 500,

  "symbol": "BINANCE:FTMUSDT",

  "interval": "D",

  "timezone": "Etc/UTC",

  "theme": "dark",

  "style": "1",

  "locale": "en",

  "enable_publishing": true,

  "allow_symbol_change": true,

  "studies": [

    "STD;Supertrend"

  ],

  "container_id": "tradingview_043ac"

}

  );

  </script> 
</div>  
<p>FTM price fell for 7 consecutive weeks and tested the yearly lows. However, the prices look highly oversold and downside risk is low. As of now, no signs of recovery are visible so the price might spend some time in narrow-range consolidation.&nbsp;</p> 
<p>The MACD curve is trading below the zero line but slopes sideways. It indicates consolidation is expected in the coming week. Whereas, the RSI at 32 denotes oversold territory and a relief rally may arrive soon.</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>Fantom price prediction is bearish for the next month. However, the prices are near to the yearly lows so a temporary pullback rally is possible.&nbsp;</p> 
<p>The analysis suggests that the FTM price is in the bears’ grip and a pullback rally will face difficulty in holding the higher levels.</p> 
<h5 class="wp-block-heading"><strong>Technical levels</strong></h5> 
<ul> 
 <li>Resistance levels: $0.2400 and $0.3000</li> 
 <li>Support levels: $0.1600 and $0.1500</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

Fantom Price Prediction: Any Signs of Comeback Visible in FTM?

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Thecoinrepublic.com

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