Phantom Price Prediction for Today, February 10 – FTM Technical Analysis

adminFebruary 11, 2024

join us telegram A channel to stay up to date on breaking news coverage

Fantom price prediction shows that FTM is on the rise when bulls push the coin to higher levels.

Phantom (FTM) surges 6%

Late last year, Fantom (FTM) experienced a sudden surge, increasing its token value by more than 60%. However, the bear market reversal has slowed this positive momentum, with Phantom price down 6.36% over the past four weeks. Despite this setback, momentum recovered slightly last week in an effort to break above the $0.40 level.

Phantom prediction statistical data:

Current Phantom Price – $0.398
Phantom market capitalization – $1 trillion
Phantom Circulating Supply – 2.8 billion
Phantom total supply – 3.1 billion
Fantom Coinmarketcap Ranking – #60

FTM/USD market

Main level:

Resistance levels: $0.55, $0.60, $0.65

Support levels: $0.25, $0.20, $0.15

Phantom Price Prediction for Today, February 10 – FTM Technical Analysis — FTMUSD – daily chart

FTM/USD is trading above $0.38 with the coin reaching resistance at $0.40 above its 9- and 21-day moving averages. Phantom price may continue to rise if it successfully breaks above the nearest resistance level of $0.45. Meanwhile, if we focus on the upside, FTM/USD could reach the $0.50 resistance level.

Phantom Price Prediction: FTM/USD Prepares for a Soar

If the 9-day moving average exceeds the 21-day moving average, the price of Phantom may surge in a positive direction. Meanwhile, buyers may need to increase pressure to generate additional profits within the channel.

Nonetheless, if the current market movement restores the $0.40 resistance level, there are more chances for the coin to find potential resistance levels of $0.55, $0.60, and $0.65. Conversely, if the coin slips below the lower border of the channel and crosses it, the coin could touch the key support levels of $0.25, $0.20, and $0.15 respectively.

FTM/BTC range

Compared to Bitcoin, Phantom price appears to be moving sideways and could generate further profits if it breaks above the 9-day and 21-day moving averages. However, if the current bullish move continues, the next level of resistance may come into play, which could cause FTM/BTC to find key resistance above 1200 SAT.

On the downside, if FTM/BTC crosses below the lower channel boundary, support may be found at 750 SAT. Below this, important support levels may be located below 520 SAT. Currently, the 9-day moving average remains below the 21-day moving average, but a surge above this barrier could increase the bullish movement within the channel.

@SpiritualCrypt1 shared the opportunity to buy #Fantom for less than $0.4 ahead of the hype and FOMO with his 5.3k followers on X (formerly Twitter). Act now for optimal timing. $FTM is poised to surge 3x in less than two months, with a valuation expected to hit $2 by the end of the year. Exciting developments with #FantomSonic are coming soon!

Buy #fantasy Less than $0.4 before the hype and Fomo.
The best time is now. $FTM I’m planning to do 3x. Within 2 months. $2 in eoy. #PhantomSonic coming. pic.twitter.com/MCPmOMCEov
— King Maker, Gateway to #Crypto Alpha-Wizz (@SpiritualCrypt1) February 8, 2024

Alternative to Phantom

Phantom price is on the rise thanks to a bullish move above key moving averages. If the trend continues, the upper boundary of the channel may be reached. Comparing Fantom to Bitcoin Minetrix, we see that Fantom demonstrates stability with a market capitalization of $1 billion, but its size may limit its short-term growth. Bitcoin Minetrix, which has raised approximately $11 million in pre-sales, suggests substantial and rapid appreciation in value despite its low market capitalization.

From $0 to $10M: Bitcoin Minetrix ICO Gains Momentum with Next 10X Opportunity!

The BTCMTX ICO surged as traders turned to Bitcoin Minetrix amid doubts about Bitcoin’s near-term future. Bitcoin Minetrix’s innovative mining solution has generated interest, generating over $10.6 million in pre-sale funds. Therefore, investors are urged to consider $BTCMTX as an investment option and therefore are advised to weigh the unique advantages of $BTCMTX.

You can enjoy the benefits of Bitcoin Minetrix today.