FTM Price Prediction: Oversold RSI May Trigger Falling Channel Breakout

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.

Timeline of Fantom

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.

Fantom (FTM), the native token on the eponymous blockchain, sank to an eight-month low on Saturday as traders appeared to be dumping the token in a flurry of sell indicators. Overnight liquidations of the token also surged to their highest level this year.

The Web3 blockchain data ecosystem Pocket Network adds support for the Fantom blockchain, allowing developers to mint Fantom RPC endpoints for their applications directly from Pocket Portal, earning $POKT tokens.

Deus Finance got exploited for $13.3 million on Fantom and the attack used a flash loan it was the second in two months so let's read more today in our latest cryptocurrency news. The decentralzied finance application Deus Finance got exploited for the second time with the attacker gaining more than $13.4 million of cryptocurrency

Fantom Live is now a strategic partner of RealBig. We are delighted to announce our first round of IDO available to the public. During this seed round, participants can buy RealB tokens with a 50% discount. Our first IDO will be promoted by our Key Opinion Leaders and Influencers, so hurry up as spots are...