• Fantom (FTM) price prediction is at $0.53 as the Relative Strength Index (14) stays within the overbought region
• The resistance levels for FTM/USD are $0.70, $0.75 and $0.80 and the support levels are $0.35, $0.30 and $ 0.25
• If the buyers keep the Fantom price above the 9-day and 21-day moving averages, FTM/USD may cross above the channel to hit the resistance levels of $0.70, $0.75, and $0.80 respectively
Fantom Price Prediction for Today
The Fantom price prediction is at $0.53 as the technical indicator Relative Strength Index (14) stays within the overbought region. Fantom has a market cap of 1.4 million USD with a circulating supply of 2.7 billion FTM and total supply of 3 billion FTM ranking it #40 on Coinmarketcap .
FTM/USD Market Key Levels
The potential resistance level for FTM/USD is set at 0.55 while the potential supports are located at 0.35, 0..30, and 025 respectively . On its daily chart , if buyers manage to keep Fantom’s price above 9-days and 21 days moving average , then FTM/USD may go past its current level towards potential resistances at 0,.70,, 075, and 080 . If this fails to hold strong then we may see a bearish movement below its current support level of 45 .
Is Fantom Ready For The Upside?
Looking at technical indicators such as RSI (14), if it moves above 70-level , then there might be chances that Fantometry follows an upward trend . When compared with Bitcoin , in order for it break above 2600 SATs ,the coin must remain above 2000 SATs or else we might witness a bearish movement .
In conclusion , if buyers can maintain their momentum by keeping fantoms’s prices above 9-day and 21 day moving averages then there may be some bullish movement towards potential resistances of 70 , 75 ,and 80 respectively in terms of USD trading pairs but if this fails to hold strong then there might be some bearish movements below 45 USD per token which could refresh lows under 2000 Sats when trading against Bitcoin .