Fantom (FTM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has lost 6.41% to $0.2894636975.
InvestorsObserver is giving Fantom a 46 Volatility Rank. Find out what this means to you and get the rest of the rankings on Fantom!
Moderately Volatile
InvestorsObserver gives Fantom a moderate volatility rank of 46, placing it in the bottom 46% of cryptos on the market.The Volatility Gauge analyzes meaning that one day won't make or break its rank. FTM's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Fantom price is trading near resistance. With support around $0.277063769511124 and resistance set at $0.292216074875733. This positions Fantom with potential selling pressures ahead as it may be getting over extended.