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Fantom(FTM) Technical Analysis: FTM Price Feared To Plunge Another 10%

Fantom(FTM) Technical Analysis

Key Takeaways

Fantom(FTM) Technical-Analysis for Today: 10 March 2022

The FTM price is swinging within range-bound levels for the past couple of days. Woefully, the asset broke down from the local support and plunged. However, only with a 5% drop, the asset manage to sustain the trembled situation with a consolidation. 

The asset may continue to accumulate for some more time to test the lower support close to $1.15 and ignite a notable rebound. The rebound may not be stronger as expected and hence the price may keep swinging in between $1.15 to $1.3 until the end of the day’s trade. 

Source: Tradingview

Click here to read detailed technical analysis of Fantom(FTM) coin.

Additional Read: Crypto Technical Analysis of Bitcoin & other trending cryptos.

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