Fantom (FTM) price trades at $0.901 after rallying 119% in the past three weeks.
Fantom price has been slowing down its ascent as it trades around the $0.900 level. A retracement to daily support at $0.752 and $0.720 are key accumulation levels is likely. FTM could dip into the weekly imbalance, extending from $0.547 to $0.441 before proceeding higher. A breakdown of the $0.567 support level will invalidate the bullish thesis for FTM. Fantom price trades at $0.901 after rallying 119% in the past three weeks. As the wider crypto markets sells off, this ascent has paused.
Cronje makes parallelized EVM and modular blockchain hype look like a thing of the past by noting, “parallelism isn't even in our top 3 of tech improvements by net gain at Fantom.” Fantom price looks for a window of opportunity Fantom price has shown its willingness to climb higher in the past three weeks. After breaching the $0.434 resistance level, FTM soared 119% in three weeks, showing the markets' willingness to price the altcoin higher.
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