Can Fantom retain its bullish trajectory despite market fluctuations?

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Fantom was trading beneath a bearish breaker block at $0.66 but the momentum and volume of the past few days meant a breakout was likely.

The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year.saw a strong increase in its trading volume a week ago, and this trend has only strengthened in the past few days. Increased activity on the Fantom network with

The indicator’s +DI and ADX were both above 20 to show the uptrend was significant. The Awesome Oscillator reflected the bullish momentum of the past week that saw Fantom post 44.7% gains in four days before a minor pullback from $0.683 to $0.633. The $0.66 and $0.9 zones were the next pivotal resistance zones and were a notable supply zone earlier this year. A break and retest of the $0.66 zone should offer swing traders a buying opportunity.The liquidation heatmap outlined a large pool of liquidity that extended from $0.546 to $0.626. During the rally of the past week, this zone was swept and price began to consolidate around the $0.63 area.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines