FTM Price Analysis: FTM Prices Trapped Under Bearish Multiverse

A fresh falling channel pattern drives the Fantom(FTM) price to the ground or below the $1 mark in a less demeaning way. The recent bearish reversal brings the altcoin to $0.70 with an engulfing candle, struggling to continue underneath it.

Timeline of Fantom

The dramatic trend reversal by the global cryptocurrency market has left the crypto space gloomy. The world's largest cryptocurrency by market cap has drastically dropped below $36,000 pulling down Ethereum and other altcoins too. Among these altcoins is Fantom (FTM) Price which is among the top 50 largest cryptocurrencies by market cap and is hit …

One of the popular Crypto analysts who is pseudonymously known as Capo is expecting a bearish momentum for two Ethereum competitors  Capo explains to his 263,800 Twitter followers that we could see a downfall of two layer-1 platforms by over 50% from their current levels  The cryptanalyst starts his prediction with Fantom (FTM) and asserts …

For nearly two weeks, Bitcoin's price has been stuck in a narrow range with no substantial price movement, but a price drop below $37,000 might complicate a relief recovery. The only constants in the crypto industry are uncertainty and volatility. Bulls took a back seat once again as the main crypto-asset – bitcoin (BTC) – …

Popular crypto analyst and trader Michaël van de Poppe is laying out his predictions for four altcoins in the wake of an extended crypto market correction. In a new strategy session, Van de Poppe tells his 165,000 YouTube subscribers that looking at past cycles can be a good barometer for what might be on the The post Here's What's Next for Chainlink (LINK), Uniswap (UNI), VeChain (VET) and Fantom (FTM), Says Top Crypto Analyst appeared first on The Daily Hodl.

The state of the market is such that every cryptocurrency is seeing the worst fall and the lowest prices they have in weeks, some in months, and in the case of Fantom, years.  The altcoin had managed to mark a new all-time high earlier this year in January but has since been plummeting on the

A widely-followed cryptocurrency analyst is expressing bearish sentiment on two Ethereum (ETH)-competing altcoins. Pseudonymous crypto analyst Capo tells his 263,800 Twitter followers that the prices of two layer-1 platforms could fall by over 50% from the current levels. Starting with Fantom (FTM), Capo says that the native token of the smart contract-enabled blockchain is flashing The post Crypto Trader Warns 50% Drop Will Slam Two Ethereum Rivals, Predicts Massive Capitulation Incoming appeared first on The Daily Hodl.

It's hard to deny that the first quarter of 2022 really put Fantom [FTM] through the wringer. First Andre Cronje and Anton Nell, senior members at the Fantom Foundation, tweeted that they were leaving DeFi and crypto.

A falling channel pattern governs the current Fantom(FTM) downtrend. The recent bear cycle initiated from the $1.67 has breached the $1 psychological support, registering a 53.8% loss.

With the rapid growth of cryptocurrency, more and more blockchains and tokens come online, with many others routinely updating and innovating. Unfortunately, it can be difficult to keep track of all of them, let alone know which ones to keep an eye on.

Fantom's crypto is crashing today and It is about 79% of its high last October so let's read more in today's altcoin news today. Fantom's crypto FTM Is seeing some major sell-off in today's trading and the crypto was down by 16.5% over the past day.