Fantom (FTM) Gains over 13% in 30 Days: What Next?

Fantom (FTM) is a cryptocurrency that was created in 2018 as an alternative to the Ethereum blockchain. Its mainnet called OPERA was launched in 2019. The native token of the Fantom blockchain is called FTM. In the past 30 days, FTM has gained over 30%. At the time of writing, Fantom is trading at $0.36. Irrespective of the market dip, Fantom had remained bullish, by also gaining 5.89% in the past one hour, at the time of writing. With the trading volume of most cryptocurrencies in a decline, FTM is not an exception. From the FTM price chart, its volume of trade has decreased by 22.22% in the past 24 hours at the time of writing. FTM Past performance In the last 60 days, the price of FTM started at a bullish price of $1.43 on March 28th, to its present price of $0.36. This represents a close to 300% decrease in value. This is due to a decline in Fantom trading volume from $622 million to the present value of $372 million within the same duration. Fantom Price Analysis Chart FTM/USDT 1Day chart showing the Accumulation/Distribution Indicator Source: https://www.tradingview.com/x/k8aBIUfZ/ The accumulation Distribution indicator shows the trend in price to volume change. Since the price and the volume of trade are moving in the same direction, Fantom’s recent bullish gain might be short. Fantom Price Prediction FTM/USDT 1Day Chart Showing the Key levels Source: https://www.tradingview.com/x/FNVD6XWd/ From the FTM price predictio...