FTM was down by the maximum amount as 12% to begin the weekend, as crypto markets were yet again beneath a red wave. ATOM was conjointly victim to the current wave, falling to its lowest level since last August throughout Sat’s session. Fantom (FTM) Fantom (FTM) was down by double digits on Saturday, as pessimistic pressure continued to send costs deep into multi-month lows. Saturday saw FTM/USD fall for a 3rd consecutive session, as prices hit associate intraday low of $0.786 earlier today.
Today’s low is that the lowest purpose prices have reached since last September, associated comes following a pessimistic start to the year. Biggest Movers: FTM Down 12% to begin the Weekend, as ATOM Hits eight Month Low FTM/USD – Daily Chart Overall, FTM has listed lower for 5 of the six last months, ever since recording an incomparable high of $3.47 in October. viewing the chart, this weakness has pushed costs deep into oversold territory, that is one amongst the sole smart signs for remaining long-run bulls. Despite FTM failing to search out a floor in recent months, ought to this current level hold firm, we tend to might begin to visualize consolidation, and doubtless even reversal in coming months.
Cosmos (ATOM) FTM wasn’t the sole token to fall to multi-month lows to begin the weekend, with cosmos (ATOM) conjointly dropping on Saturday. Following a peak of $20.36 throughout Friday’s session, ATOM/USD started the weekend by falling to a coffee of $18.96. This bottom was over 5% under yesterday’s high, and sees costs fall to their lowest level since the tip of last August. Biggest Movers: FTM Down 12% to begin the Weekend, as ATOM Hits eight Month Low ATOM/USD – Daily Chart ATOM is currently commercialism within the red for a second consecutive month, as costs still struggle to search out a property floor. Its most up-to-date price of $21.63 was broken earlier this we tend toek, because the 14-day RSI continued to conjointly lose strength. currently trailing at the twenty eight level, relative strength appears to own associate interim floor, and will this hold firm, we might see an endeavor to get into the $21 level.