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

Saturday, April 01, 2023 12:20 PM | InvestorsObserver Analysts
What's Next for Neutral Rated Fantom (FTM)?

Fantom (FTM) gets a neutral rating from InvestorsObserver Saturday. The coin is down 1.81% to $0.4675550746 while the broader crypto market is down 0.33%.

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 five-day high of $0.482585452646855. The coin is 3.11% off its five-day high and is 17.64% higher than its five-day low of $0.397444248199463.

Fantom price is well positioned between support and resistance. With support set around $0.451328906946702 and resistance at $0.490562502079529, 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

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