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Wednesday, February 15, 2023
HomeCryptoWhat do the Long-Term Technicals Predict for Fantom (FTM) Wednesday?

What do the Long-Term Technicals Predict for Fantom (FTM) Wednesday?


Fantom receives a weak long-term technical rating of 28 from InvestorsObserver evaluation. Our proprietary scoring system considers the buying and selling patterns over the previous a number of months to a yr by analyzing the coin’s consistency, volatility, and the place it’s relative to long-term averages to find out whether or not it is a robust buy-and-hold funding alternative.

Currently, FTM holds a superior long-term technical evaluation rating than 28% of crytpocurrencies. Long-term buyers using a buy-and-hold technique will discover the Long-Term Rank particularly related when allocating their property and will discover extra worth discovering cyptos with a excessive short-term technical rating to find cash which have bottomed out.

InvestorsObserver is giving Fantom a 28 Long-Term Technical Rank. Find out what this implies to you and get the remainder of the rankings on Fantom!

Trading Analysis

Fantom’s value is -$0.9700000 (-74.67%) under its 100-day transferring common value of $1.300000000 as its value in the meanwhile sits at $0.330000000. Additionally, FTM is $0.1800000 (-6960.95%) greater than its 52-week low value of $0.150000000 whereas -$3.15000000 (-277.75%) underneath its 52-week excessive of $3.480000000. The present buying and selling value in relation to its long-term common together with its 52-week excessive and low, provides FTM a median long-term technical rating of 28. Long-term buying and selling motion of Fantom counsel that buyers are bearish on the coin in the meanwhile.

Fantom has a complete market worth of $838,790,110.63 with a median common each day quantity of $2,561,640,591.36 price of the forex exchanged over a typical 24 hour interval. As of the previous 24 hours, FTM’s quantity is under its common with $350,733,234.66 exchanged in complete.

This coin’s subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a function. These can take the type of exchanges for the buying and selling of cryptocurrencies, decentralized knowledge storage, synthetic intelligence, digital or augmented actuality, distributed computing and large knowledge assortment, amongst different issues.


Technical evaluation of Fantom over the previous yr leads to the crypto receiving a a weak long-term technical rating of 28 as its value motion in that point has given merchants cause to be bearish on the coin within the long-term.

Click Here to get the complete Report on Fantom (FTM).

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