FTM 1D Updates of the maximum or continuation of the correction?
To your attention another Defi project - Fantom, from South Korean creators, which, judging by the schedule, is in great demand.
[b]Write in the comments, your expectations for the project or what news awaits it in the future.
If you analyze the chart, you can see that after the establishment of an absolute maximum at $0.878, the price corrected by -71% and reached the top of the liquid zone. A decent correction after which we got a strong buy-back up.
Now the FTMUSDT price is reaching the critical level of $0.76 at which the future price movement will be decided:
1) If buyers manage to break through $0.76 upward and start consolidation above it, then the way will open for price movement to $1.79
2) If buyers lose their shopping enthusiasm and sellers will activate, then the first level from the bottom where buyers can become active again will be $0.30. After will the likely continuation of consolidation for the accumulation of forces in order to continue to grow.
3) A strong spillage of the FTMUSD price is possible up to $0.15 - then it will be -83% growth correction, but the chances for continued growth in the future will remain.
4) If a price drop below $0.15 will mean a lack of interest of buyers in the project, and the cost of the FTM token itself may collapse to $0.05-0.06
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
[b]Write in the comments, your expectations for the project or what news awaits it in the future.
If you analyze the chart, you can see that after the establishment of an absolute maximum at $0.878, the price corrected by -71% and reached the top of the liquid zone. A decent correction after which we got a strong buy-back up.
Now the FTMUSDT price is reaching the critical level of $0.76 at which the future price movement will be decided:
1) If buyers manage to break through $0.76 upward and start consolidation above it, then the way will open for price movement to $1.79
2) If buyers lose their shopping enthusiasm and sellers will activate, then the first level from the bottom where buyers can become active again will be $0.30. After will the likely continuation of consolidation for the accumulation of forces in order to continue to grow.
3) A strong spillage of the FTMUSD price is possible up to $0.15 - then it will be -83% growth correction, but the chances for continued growth in the future will remain.
4) If a price drop below $0.15 will mean a lack of interest of buyers in the project, and the cost of the FTM token itself may collapse to $0.05-0.06
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
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