Fantom prices are consolidating above $0.2000 after a large drop in the middle of August. This may indicate a possible upside of the coin, but the uncertainty in the market is dragging its prices rather down.

Fantom and Amazon Web Services have recently launched a Web3 development program. The Fantom community is quite active in network development. So, the coin has a support from this side, but has a strong downside pressure amid negative sentiment in the market in general.

Thus, the coin is seen rather down towards $0.1500, but has chances to the upside towards $0.2000-0.2500.