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As the economy becomes increasingly uncertain, securing your financial future has become a top priority. But contrary to what most people believe, building a financial safety net is not has daunting as it sounds.
A closely followed crypto analyst is forecasting a surge for an Ethereum (ETH) challenger as one of its on-chain metrics shows promising strength.
With the exception of Trust Wallet Token, every other altcoin among the top 100 cryptocurrencies in the world has traded in the red.
Since the emergence of cryptocurrencies, many early investors have revised their investment strategies. Most of them profited greatly from their initial cryptocurrency investments.
Fantom (FTM) has been increasing at an accelerated rate since breaking out from a descending resistance line on July 18. The post Fantom (FTM) Creates Higher Low Above $0.245 appeared first on BeInCrypto.
Widely followed analyst Michaël van de Poppe says he believes that the bear cycle low is in for the crypto markets. Van de Poppe tells his 618,600 Twitter followers that the total market capitalization of all crypto assets managed to bounced just above a key bottom indicator. “The most important chart isn't Bitcoin.
The bear market has upset many people. Yet, this post is all about the top 5 cryptocurrencies that have earned excellently in the last seven days.
Amid the last two months of uncertainty in the crypto market, the FTM/USDT pair continued its downward spiral under the influence of a descending trendline. Furthermore, this dynamic resistance aided sellers in pushing the coin price to a low of $0.1961, after which the coin chart showed a spike in demand pressure.
Does the title sound too good to be real? Can someone really make a fortune out of pennies? Amid a brutal bear market, it feels like a sin to be even talking about such extravagant claims. However, history has shown us time and again that millionaires are made during the crypto winter.
Many people say that the days when dabbling in crypto paid off in millions are long gone and that the most talked about crypto assets are now all but worthless. Who can blame them? This is a bear market, after all, despite the bear market rallies.
Over the last few days, retail investors have resurged their interest in the market while the overall sentiment registers an uptick. Thus, the slightly elevated buying pressure helped FTM reclaim critical support levels in the last ten days.
Fantom joined Bitcoin and Ethereum with explosive double-digit week-on-week growth as the crypto market cap sustained above $1 trillion. After struggling with recovery since June 2022, Fantom managed to recoup its losses and break into an uptrend.
In the last two trading sessions, the Fantom price surged by 33 per cent. However, the trend looks to be reversing in today's trading session
Looking at the price increase of FTM in recent days, the token looks like a good investment. FTM price was bearish during the initial phase but is currently bullish and still increasing its price. However, the recovery is slow, but at least the price movement is positive as the price has reached the $0.338 level.
While most of the altcoins like Fantom followed broader market cues, some altcoins such as STEPN's GMT still traded in the red.
The last two months in the crypto market have been a constant struggle between the sell-off and uncertainty in the crypto market. Amid this chaos, the FTM/USDT pair showcased its price action behaving in response to a descending resistance trendline, whose breakout triggered a significant recovery rally.
Layer 1 networks are having their day in the sun, as things look to be turning around in the crypto sector.
Fantom (FTM) Price Analysis Fantom price with the recent price action appears to have recovered most of its loss incurred after the May 2022 crash. The asset since the previous trading surged exceptionally high, slicing through the 200-day MA levels at $0.2.
Bitcoin tested USD 22,800 before there was a downside correction. It is currently (11:27 UTC) consolidating near USD 21,900 and is down less than 1% in a day and up almost 10% in a week.
Ethereum has rallied over the past few days after weeks of sluggish price action. Now, Fantom and NEAR are soaring.
FTM/USD rose to the top of the crypto daily mover list today.
A renowned crypto analyst, Michael van de Poppe has an optimistic approach toward a few altcoins Michael van de Poppe, who is closely followed by 616,600 on Twitter, informs that the Binance exchange's native coin BNB Price is on a bull run after the coin surpassed its barrier level of $240 The analyst says that
The decentralized finance (DeFi) space has become a very exciting corner of blockchain technology. It is continually growing and might be on its way to its next wave.
Last year, cryptocurrency was one of the hottest investment spaces in the world. Crypto was seen as decentralized and inclusive–it welcomed everyone who had some money set aside for investments. But the biggest come-on of crypto was perhaps the promise of transforming a regular investor into a millionaire.
