Fantom Upside Potential Is Seen Depleting
Fantom (FTM) is up 2.2% this week, trading at $1.3890, mirroring the broader crypto market where Bitcoin (BTC) has gained 2.0% to $104,800, retreating from its record high of $106,664. FTM recently set a 32-month high at $1.4765 but faces overbought conditions while attempting to hold above the $1.4000 resistance. The token’s upward momentum could push prices to $1.6000, though further gains appear unlikely unless Bitcoin surges to $110,000, which would support a more extreme rally in altcoins.
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