Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. It is a fast, high-throughput open-source smart contract platform for digital assets and dApps.
FTMUSD was one of the best performers the previous week.
Any weekly close above $1.25 confirms further bullishness.
FTMUSD was the best performer and surged more than 35% in the past five days. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $1.0429 and is currently trading around $0.9800.
The bullish invalidation can happen if the pair closes below $0.30. On the lower side, the near-term support is $0.75. Any break below targets $0.56/$0.40/$0.30. significant downtrend if it breaks $0.30.
The immediate resistance stands at around $1.25. Any breach above confirms a minor pullback. A jump to $1.35/$1.50/$1.68 is possible. A surge past $1.68 will take FTM to $2.
It is good to buy on dips around $0.80 with SL around $0.56 for TP of $1.50/$2.


FxWirePro: USD/CAD advances as loonie dips on softer Inflation and Middle East uncertainty
FxWirePro: NZD/USD rallies as NZ inflation hits 2-1/2-year high
FxWirePro:GBP/AUD slips as markets assess Burnham's rise to UK premiership
AUDJPY Surges on Aussie Strength: Buy Dips Toward 117/118 as Bullish Momentum Accelerates
ETH Stands Alone Bullish; BTC, SOL, XRP, BNB Neutral
FxWirePro: GBP/NZD dips as sterling eases as Burnham steps in
ETHUSD Breaks Above $1900 as Bulls Eye $2300 and Beyond
FxWirePro: EUR/ AUD dips below 1.6300 level, focus on near term support
FxWirePro- Major Pair levels and bias summary
Major Crypto Action Bias: BTC, ETH & SOL Turn Bullish – SOLUSD Leads as the Top Pair to Watch 



