Close Menu
Cryprovideos
    What's Hot

    Shiba Inu Set for Explosive 200% Surge Next Week, Analyst Predicts – BlockNews

    June 6, 2025

    Elon Musk and Donald Trump Conflict in Fiery Coverage Fallout

    June 6, 2025

    Making $9,756 a day? The right way to begin your RIMining crypto cloud mining journey with Robinhood

    June 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Markets»Fantom (FTM) Climbs 3% Whereas Whale Promote-Off Places Restoration at Danger
    Fantom (FTM) Climbs 3% Whereas Whale Promote-Off Places Restoration at Danger
    Markets

    Fantom (FTM) Climbs 3% Whereas Whale Promote-Off Places Restoration at Danger

    By Crypto EditorJanuary 11, 2025No Comments4 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Fantom (FTM) is displaying combined indicators because it struggles to recuperate from current losses. Whereas the value has risen 3% within the final 24 hours, it stays down almost 20% over the previous week, highlighting ongoing challenges in overcoming bearish momentum.

    FTM’s difficulties are compounded by broader market uncertainty and a notable drop in whale exercise. With the value hovering close to vital help ranges, its subsequent path will largely hinge on consumers’ capability to regain management and spark a sustained restoration.

    FTM Present Downtrend Is Nonetheless Sturdy

    The Common Directional Index (ADX) for Fantom has decreased to 31.4, down from 36.9 someday in the past. ADX is a technical indicator that measures the energy of a pattern, whether or not bullish or bearish, on a scale from 0 to 100. Values above 25 point out a robust pattern, whereas values under 20 recommend weak or absent momentum.

    The current decline in FTM’s ADX displays a weakening of the earlier downtrend, signaling a possible transition to a section of consolidation relatively than continued bearish momentum after FTM value corrected by roughly 20% within the final 7 days.

    FTM ADX.
    FTM ADX. Supply: TradingView

    At its present stage, the ADX means that whereas the downtrend’s energy is fading, FTM has but to ascertain a transparent directional transfer. This shift might imply decreased volatility and a chance for the market to stabilize. If Fantom can keep this pattern, it’d sign the start of a restoration or range-bound buying and selling.

    Nevertheless, with out renewed shopping for exercise or stronger momentum, the value might proceed to hover in a consolidation section, awaiting additional catalysts to outline its subsequent path.

    FTM Whales Exit Their Positions

    The variety of wallets holding between 1 million and 10 million FTM has dropped considerably, falling to 69 from a month-high of 84 on January 3. Monitoring the habits of those so-called whales is essential, as their massive holdings typically affect market sentiment and liquidity.

    When whales accumulate, it could point out confidence in an asset, lowering provide and probably driving costs greater. Conversely, a decline within the variety of whales might sign profit-taking, decreased confidence, or liquidation, probably exerting downward stress on the value.

    Wallets Holding Between 1,000,000 and 10,000,000 FTM.
    Wallets Holding Between 1,000,000 and 10,000,000 FTM. Supply: Santiment

    This sharp drop within the variety of whales inside only one week marks the bottom stage since November 2024. The decline means that main buyers have been offloading their holdings, contributing to the promoting stress on FTM value.

    Except whale exercise stabilizes or reverses into accumulation, this pattern might undermine Fantom value restoration efforts, leaving the value weak to additional declines or extended consolidation.

    Fantom Value Prediction: Can FTM Go Again to $1 In January?

    If Fantom value continues its present downtrend, it might check the vital help stage at $0.618. A break under this help might intensify promoting stress, probably pushing FTM value to ranges under $0.60 and even as little as $0.50.

    FTM Price Analysis.
    FTM Value Evaluation. Supply: TradingView

    Alternatively, a reversal within the pattern might pave the best way for a restoration, with FTM value aiming to check the resistance at $0.879. Breaking above this stage might reignite bullish momentum, permitting the value to climb above $1 for the primary time since late December.

    If the rally sustains, FTM value may goal the $1.05 stage, signaling a possible resurgence in investor confidence and a shift again to an uptrend.

    Disclaimer

    According to the Belief Undertaking pointers, this value evaluation article is for informational functions solely and shouldn’t be thought-about monetary or funding recommendation. BeInCrypto is dedicated to correct, unbiased reporting, however market circumstances are topic to alter with out discover. At all times conduct your personal analysis and seek the advice of with an expert earlier than making any monetary choices. Please notice that our Phrases and Situations, Privateness Coverage, and Disclaimers have been up to date.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Shiba Inu Set for Explosive 200% Surge Next Week, Analyst Predicts – BlockNews

    June 6, 2025

    Elon Musk and Donald Trump Conflict in Fiery Coverage Fallout

    June 6, 2025

    AI Elevates Artistry at NVIDIA GTC Paris with Modern Creations

    June 6, 2025

    VPN Utilization Spikes in France as Pornhub Blocks Customers Over Age Restrictions – Decrypt

    June 6, 2025
    Latest Posts

    Breaking: Metaplanet Publicizes Objective to Maintain 210,000 Bitcoin by 2027

    June 6, 2025

    Dealer Warns Bitcoin Is in ‘Cancerous Value Motion,’ Says One Ethereum-Primarily based Altcoin That’s Exploded 143% in One Month Will Go Larger – The Day by day Hodl

    June 6, 2025

    Bitcoin Settling $7.3B/Day In Quantity: How Does Visa Evaluate?

    June 6, 2025

    Bitcoin ETFs bleed on Trump-Musk fallout as sentiment turns to worry

    June 6, 2025

    Bitcoin (BTC) earnings outstrip shares as holders earn $75,000 a day with BAY Miner

    June 6, 2025

    Bitcoin Whales Set off Document Breaking Promote-Off After Value Surge: Is Now the Time to Take Earnings? – BlockNews

    June 6, 2025

    Trump Advisor Meets Bukele Amid U.S. Curiosity in Bitcoin Technique – CryptoDnes EN

    June 6, 2025

    Bitcoin's 900,000th Block Has Been Mined. How Many Are Left?

    June 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    The Finest VPN for Crypto Customers – Decrypt

    January 12, 2025

    Litecoin Value Surges After Coming Out As A Meme Coin However LTC Holders Proceed To Go All In On This Crypto

    November 19, 2024

    Prime Crypto Gainers Right this moment Dec 23 – Aave, JUST, Chainlink, Nervos Community

    December 24, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.