Fantom Is near It's ATH Now which Is quite Good. The FTM which We are Talking about Is a Great Project with a Lot of Potential. But We Want To Talk about Technical Stuff First. So as you Can See, The Price Is in a Big Rounded Bottom which Means The Price Is gonna Increase as Soon as A Break out happens. Since There Is No Break out, We Can Not Determine If It's gonna Happen or Not But when The Break out Confirms The Bullish Trend, We Shall See A Great Bullish Movement as Much as The Measured Price Movement (AB=CD). The Expected Movement Would Create a New ATH Far From This one So It is gonna Be hard & Take Some Time To do That So Please Be aware of This & The ATH right now Is Gonna Be It's Biggest Resistance around 3.4$.
🟡What Is Fantom (FTM)?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.
Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.
The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
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