Fantom FTM price is able to grow to $0.70-0.80, but when?

25 Jan 2023

FTM buyers are quite aggressive, and they are currently buying back any price corrections.

We wrote more about Fantom in our previous idea

In today's idea, we have slightly adjusted the dynamic channels and reduced the working timeframe to daily for easier tracking of the idea's development.

It seems that buyers of FTMUSDT can organize another impulsive growth to the range of $0.70-0.80 in the near future. To do this, they need to gain a fixing FTM price above $0.45 and manage to break the stops of shorts above $0.50.

If sellers manage to defend the range of $0.45-0.50, then a fairly deep price correction may begin, to the region of $0.26 as we see in the white scenario.
And after the correction, growth will continue to the liquidity zone of $0.68-0.80.

Which scenario do you think is more realistic now and why?
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