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The Fantom price prediction shows that FTM has not been able to fetch any significant growth over the past few days.
Fantom Prediction Statistics Data:
- Fantom price now – $0.201
- Fantom market cap – $557 million
- Fantom circulating supply – 2.7 billion
- Fantom total supply – 3.1 billion
- Fantom Coinmarketcap ranking – #59
FTM/USD Market
Key Levels:
Resistance levels: $0.300, $0.320, $0.340
Support levels: $0.120, $0.100, $0.080
FTM/USD bulls could not sustain the price above the $0.20 resistance level because of bearish pressure. The Fantom price has been trading on the negative side as the sellers dominate the market.
Fantom Price Prediction: FTM Price Not Yet Ready for the Upside
The Fantom price is consolidating around $0.201. The market may go up if it bounces above the 21-day moving average to face the potential resistance levels of $0.300, $0.320, and $0.340. In other words, FTM/USD may sink if the bears break toward the downside, and the price could fall to the next support levels of $0.120, $0.100, and $0.080.
At the moment, FTM/BTC keeps moving sideways, but the coin is yet to record a tremendous gain. However, the buyers may continue to gather momentum, it is likely that the coin to begin an upward movement.
Nevertheless, a bullish movement above 1300 SAT could push the FTM price to the resistance level of 1500 SAT and above. From below, the coin is likely to head towards the lower boundary of the channel, and breaking below the current market value may bring the price to the new low of 1000 SAT and below.
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Source: https://insidebitcoins.com/news/fantom-price-prediction-for-today-december-28-ftm-usd-ushers-price-to-0-192-support