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Fantom Price Analysis: FTM breaks resistance at $1.11, will price level hold?

Fantom Price Analysis: FTM breaks resistance at $1.11, will price level hold?


Cryptopolitan
2021-09-05 21:05:39
Fantom Price Analysis: FTM breaks resistance at $1.11, will price level hold?

TL;DR Breakdown Fantom price analysis is bullish for today, +13% from yesterday’s price.Fantom broke resistance at $1.11 earlier today as bulls were in charge.The nearest support is present at $1.01 and another at 0.8 USD. Fantom has performed exceptionally well when compared to other cryptocurrencies. It has been trading with a bullish outlook jumping from $0.4 on 27th August to the current price of $1.2. This huge surge in price brought the attention of major investors and traders, resulting in a new all-time high for the coin. The trading volume for the currency is currently down by 27.71 percent. The price movement was unable to break the resistance at the $1.11 price level yesterday, although today, it was broken, and the current price of the FTM/USDT pair is at $1.2. According to our Fantom price analysis, the FTM/USDT pair can make a move for another resistance at $1.314. If the price action doesn’t fall at this point and the resistance remains broken, higher prices are possible after a cool-off period. Bitcoin price analysis for today reveals that the cryptocurrency broke a minor resistance at $50K and has found support at that price level. Continuous maintenance of the $50K level can prove to be quite beneficial for future price actions. However, the major resistance at $50.5K is unbroken. If the bulls take charge and this resistance breaks, a new all-time high can be expected. 24-hours Fantom price analy...

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