InvestorsObserver
×
News Home

What's Next for Neutral Rated Fantom (FTM)?

Tuesday, May 17, 2022 11:55 AM | InvestorsObserver Analysts
What's Next for Neutral Rated Fantom (FTM)?

Fantom (FTM) gets a neutral rating from InvestorsObserver Tuesday. The Distributed Software Platform asset is up 2.45% to $0.3536010861 while the broader crypto market is up 2.52%.

Sentiment Score - ,
Fantom has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Fantom!

Neutral

Over the last five days, Fantom has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Fantom over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

Fantom is currently trading near its midpoint for the past five-days. The Distributed Software Platform asset is 35.68% off its five-day high and is 45.82% higher than its five-day low of $0.242497369647026.

Fantom price is favorably positioned between support and resistance. With support set around $0.32187653350444 and resistance at $0.381723322149231, has some room to run before facing resistance.

Fantom has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on Fantom

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App