Fantom Is Set to Continue Up towards $1.0000
Fantom (FTM) is trading neutral at $0.7500 this week, unexpectedly retreating from $0.7942, just shy of the key resistance level at $0.8000. The token remains in an uptrend that began on August 5, with the support provided by the middle of the ascending channel around $0.7100-0.7200. This zone also aligns with the support of an ascending triangle pattern, which is driving FTM prices upward. If the token manages to break through the $0.8000 resistance level, it could trigger further gains, potentially pushing prices toward the next target of $1.0000.
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