FTM/USD is up 50% hitting $0.0101 on Binance. Fantom has seen a massive spike in trading volume after the bull breakout. Fantom was up by almost 71% after a tremendous bull rally towards $0.01 from a low of $0.0059. It’s unclear what caused the explosion as there are no recent announcements or anything. Apparently a big whale simply bought a lot of Fantom coins considering the digital asset as extremely undervalued. FTM/USD daily chart Obviously, after this huge pump, FTM is extremely bullish although the daily chart was already in an uptrend for quite some time. The 12-EMA and the 26-EMA were basically crossing bearishly until the explosion. They are now bullish again just like the MACD. The daily RSI is only slightly overextended but could be ignored by the bulls if the momentum is strong enough. FTM/USD 4-hour chart Zooming in we can see the move didn’t just happen over a period of a few minutes but almost eight hours. It started with a decent 4% jump to $0.0064 followed by a super 14% surge towards $0.0074. The trading volume was still relatively low until the next 4-hour candlestick that took FTM to $0.01. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Breaking: BTC/USD erases $200 within 15 minutes almost dropping below $9,000 FX Street 3 years FTM/USD is up 50% hitting $0.0101 on Binance. Fantom has seen a massive spike in trading volume after the bull breakout. Fantom was up by almost 71% after a tremendous bull rally towards $0.01 from a low of $0.0059. It’s unclear what caused the explosion as there are no recent announcements or anything. Apparently a big whale simply bought a lot of Fantom coins considering the digital asset as extremely undervalued. FTM/USD daily chart Obviously, after this huge pump, FTM is extremely bullish although the daily chart was already in an uptrend for quite some time. The 12-EMA and the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
