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The SEC's crackdown has spooked crypto traders.

These 5 altcoins struggled to increase even though the crypto market was bullish.

Fantom [FTM] saw a pullback of nearly 20% in the past three days. It is possible that more losses could follow.

Pseudonymous analysts Altcoin Sherpa has tipped massive rallies for Shiba Inu, Avalanche, and others.

The Fantom (FTM) price could correct in the short-term before resuming increase

A widely followed crypto strategist thinks that Shiba Inu (SHIB), Avalance (AVAX), Fantom (FTM) and one more altcoin are likely not yet done rallying. Pseudonymous analyst Altcoin Sherpa tells his 191,000 Twitter followers that meme coin Shiba Inu is likely headed to $0.000016 after taking out resistance at $0.000013.

Decentralized finance (DeFi) veteran and Fantom (FTM) founder Andre Cronje is identifying the core areas of focus for the foundation behind one of Ethereum's (ETH) biggest rivals.

Fantom price has given up on a six-week aggressive push to reach $1.00. The layer 1 protocol popularly known for its exemplary scalability features, reached 2023 highs of $0.6560 before correcting the uptrend to trade at $0.5513 at the time of writing. Despite this pullback, FTM is up 148% in the last 30 days and 44% in two weeks.

The Fantom USD stablecoin has been extremely volatile since inception compared to the pegged dollar price.

The FTM market has turned overbought after rallying 230% in five weeks. In addition, the coin's momentum is slowing down compared to the price boom, per technical data.

Andre Cronje has a long history of being associated with Fantom, a fast layer-1 blockchain, and holds the titles of co-founder and engineer of the Fantom Foundation.

It's been another big week for Fantom and its native FTM token after the project outlined plans to revive its native stablecoin.

Crypto space rose notably in the recent past due to which the global market capitalization has soared beyond $1.08 trillion. However, since then the prices of the top cryptos remain consolidated and are stuck up within minor regions indicating the prevailing accumulation phase.

A widely followed crypto analyst is updating his outlook on Bitcoin (BTC), Cardano (ADA) and Ethereum (ETH) rival Fantom (FTM) after the Federal Reserve raised interest rates by a quarter percentage point.

The Fed certainly helped crypto this week.

Santiment, a prominent crypto analytics firm, recently analyzed the performance of Fantom ($FTM). Here is a little introduction by the Fantom team to this exciting crypto project: “Fantom is a high-performance, scalable, EVM-compatible, and secure smart-contract platform. Fantom's mainnet deployment—Fantom Opera—is built on Fantom's consensus mechanism, Lachesis.

This week, we take a closer look at Ethereum, Ripple, Cardano, Polygon, and Fantom. Ethereum (ETH) Ethereum, the second-largest cryptocurrency, continued to consolidate this week.

A pseudonymous crypto analyst shared an outlook on Bitcoin (CRYPTO: BTC) and altcoins Fantom (CRYPTO: FTM), Solana (CRYPTO: SOL)  and Cardano (CRYPTO: ADA). What Happened: Altcoin Sherpa told his 190,500 followers on Twitter that the longer Bitcoin hovers around $23,000 to $24,000, the more bullish he is.

Investors within the Fantom ecosystem are eager for the next bull market, which was possibly started in early January. Following a 186% growth in value in just 30 days, Fantom price is trading at $0.6415 at the time of writing.

Watch out! We have some coins that already gained from 28% to 160% during January. One of my picks did well over 100% last month!

Since the beginning of 2023, the price of FTM, Fantom's native token, has risen more than 180% to reach $0.6, its highest level since early May. On the back of this triple-digit growth, Fantom has added more than a billion in market capitalization and has established itself in the top 50 largest crypto assets, according to CoinMarketCap.

Since the beginning of 2023, the crypto market has been looking bullish, and it might gain more movement in the upcoming days. New projects like Fantom (FTM) gas monetization program will boost the market more.

The Fantom layer-1 network has been outperforming its crypto brethren recently. FTM prices are on fire, but what is driving the momentum?

FTM is up to 62 cents, continuing a breakout from a downtrend in mid January.