Fantom

<ul><li>Fantom (FTM) shows recovery signs after a steep Friday plunge, rebounding from a $0.65 low to close at $0.77.</li><li>For FTM to sustain recovery, it needs to stabilize above $0.75, potentially challenging the $0.889 resistance level.</li><li>Significant holders have accumulated 8M FTM, indicating confidence in upward movement despite recent volatility.</li></ul>Fantom (FTM) shows signs of recovery after a dramatic price plunge on Friday. The sudden <a href="https://coinmarketcap.com/currencies/fantom/" rel="noopener noreferrer nofollow">sell-off saw FTM</a> slip below the critical $0.75 daily support level, establishing a swing low at $0.65. Despite the 18% crash, FTM rebounded, closing the day at $0.77, sparking cautious optimism among investors. As of press time, FTM is trading at <a href="https://coinmarketcap.com/currencies/fantom/" rel="noopener noreferrer nofollow">$0.7066</a>, indicating a significant decline of 13.19% in the last 24 hoursThe recovery prospects for FTM largely hinge on the performance of Bitcoin (BTC). If BTC stabilizes and mitigates selling pressure, FTM holders could remain hopeful for a sustained upward trajectory. For FTM to cement its recovery, it must reclaim and stabilize above the $0.75 barrier. A successful stabilization above this level could enable FTM to challenge the $0.889 resistance, the midpoint of the substantial 55% crash witnessed between March 22 and April 13.<a href="https://cryptotale.org/fantom-ftm-shows-signs-of-recovery-after-sudden-crash-report/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Fantom (FTM) Shows Signs of Recovery After Sudden Crash: Report

CryptoTale

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