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The recent market crash successfully invalidated all recovery that cryptocurrencies made post the 9 May crash. However, as of 14 June, some of the tokens are back in the recovery mode, rising far quicker than others, including the likes of Fantom [FTM].
Okay, we said these cryptocurrencies could make you a millionaire overnight. What we haven't said is exactly which night.
Bitcoin price remained in a strong downtrend and traded below the USD 25,000 support zone. BTC tested the USD 21,000 level before recovering to almost USD 22,000 again. It is currently (03:51 UTC) trading near USD 21,900, with a major support near USD 20,500. BTC is down 14% in a day and 30% in a week.
Fantom has been in the news lately. It has been able to successfully woo the top Ethereum whales but its price action hasn't been remarkable.
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Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
The current state of the cryptocurrency market is all smiles and sunshine with tokens rising with a newfound hope of bullishness every single day. And this bullish influence of the broader market has rubbed off on Fantom as the altcoin today rose by 8.5%, which, although it might sound like a lot, doesn't even come […]
FTM price shows a bullish failure to sustain the reversal rally resulting in a bearish pattern and warns of the $0.30 fallout. Key technical points: The FTM market value decreased by 5% today at press time.
Widely followed crypto trader Michaël van de Poppe is predicting price rebounds for Bitcoin (BTC), Ethereum (ETH) and one under-the-radar ETH competitor. Van de Poppe tells his 606,900 Twitter followers that Bitcoin could be on the way to $31,800 after holding the $30,000 price level yesterday. “Bitcoin held the $30,000 level, so long would still be intact […] The post Crypto Analyst Michaël van de Poppe Says Bitcoin, Ethereum and One ETH Competitor Are Close to Bouncing appeared first on The Daily Hodl.
AscendEX, a full-stack cryptocurrency exchange platform, announced the addition of 7 new leveraged tokens for trading: OP, SOL, FTM, SHIB, ATOM, SAND, and PEOPLE. Check below for details of the new tokens: Leveraged Token 3X Leverage Long 5X Leverage Long 3X Leverage Short 5X Leverage Short OP OP3L/USDT – OP3S/USDT – SOL SOL3L/USDT SOL5L/USDT SOL3S/USDT […] The post Crypto exchange AscendEX adds new leveraged tokens: OP, SOL, FTM, SHIB, ATOM, SAND, PEOPLE appeared first on CryptoNinjas.
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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Fantom's (FTM) price action refused to take a bullish stance while it remained constricted within the bounds of the 55 EMA on the daily timeframe. The sellers have kept the EMA ribbons south-looking for quite […]
BItcoin is finally making a huge run upwards after some consolidation and now appears to break towards the north to test the resistance at $32.8K initially and later at $35K. And while the bullish momentum is hovering, the altcoins like Fantom (FTM) is all set to make a large move. The FTM price that surged …
Crypto investors are always on the lookout for the next profitable coin. Within the crypto community, the phenomenon of a coin soaring in price is often called ‘mooning'.
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The host of popular crypto analytics and market commentary show Coin Bureau says he is bullish on the future of several altcoins in the aftermath of Terra's collapse. According to a recent YouTube update, Coin Bureau host “Guy” says that he believes that the decentralized lending protocol Kava is still in a growth phase. He […]
Bulls rearing to run this morning were dealt a shocking blow as Bitcoin fell below $29,000 and Ether crashed below $2,000 – once again. Other alts were quick to plunge, and so did their total-value-locked rankings.
The crypto market has been on a downtrend in the last few weeks, opening up opportunities to earn higher profits. Staking crypto assets is a [.
Quick Take In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding The creation of adequately decentralized and secure stablecoins remains a lofty but important goal for a crypto industry that hopes to one day facilitate the majority of the world's financial activities Taking inspiration from Terra's astonishing level of growth prior to its now-infamous collapse, several L1s are now boldly pushing forward with experimental stablecoins of their own as they attempt to drive growth to their ecosystems This week, we take a look at Fantom, NEAR, and TRON
Binance Coin (BNB) and two Ethereum (ETH) competitors, including Solana (SOL), are expected to rally, according to a well-known cryptocurrency trader. Altcoin Sherpa, a pseudonymous crypto analyst, informs his 176,000 Twitter followers that BNB, Binance's utility token, is now one of the strongest altcoins in the cryptocurrency market. Altcoin Sherpa predicts BNB: Trade idea: and …
Avalanche, Fantom, and Solana, have posted double-digit losses on the day as the market endures its seventh consecutive month in freefall.
After the crash of 9 May, many cryptocurrencies have managed to make stark recoveries, while others such as Fantom are still struggling to do so. However, it's important to note that the recent actions from the asset's very own investors are causing a delay in Fantom's climb back to normalcy.
A popular altcoin trader is predicting rallies for Binance Coin (BNB) and two Ethereum (ETH) challengers including Solana (SOL). Pseudonymous crypto strategist Altcoin Sherpa tells his 176,000 Twitter followers that BNB, the utility token of crypto exchange Binance, is one of the strongest altcoins in the market right now. “BNB: Trade idea, wait for a […] The post Crypto Analyst Predicts for Rallies for Binance Coin (BNB), Solana (SOL) and One Additional Ethereum (ETH) Rival appeared first on The Daily Hodl.
The crypto market is suffering through unprecedented times right now as it is going through a major dip. With all coins down right now, investors are waiting to see the market rise again.
