Fantom (FTM) Price is One Small Step Away from its ATH After a 30% Weekly Surge

Fantom (FTM) Price is One Small Step Away from its ATH After a 30% Weekly Surge

The future of blockchain-powered games? Experts say gaming will be the first real use case for blockchain, revamping the industry and making games more immersive than ever. How gaming navigates the remaining hurdles will become a case study for other industries considering mass blockchain adoption. Fantom (FTM) Price is One Small Step Away from its ATH After a 30% Weekly Surge.

The “xrp trading in japan” is a cryptocurrency that has been on the rise. After a 30% weekly surge, the price of the token is one small step away from its ATH.

Fantom (FTM) Price is One Small Step Away from its ATH After a 30% Weekly Surge

The crypto sector has had a terrible few weeks, with most currencies suffering significant losses around Christmas, December 25th, 2021. However, it’s only been a few days into the new year, and things are already starting to turn around, with the first bullish wave of the year on the way.

However, certain currencies, like as Fantom (FTM), have not seen significant price reductions and have instead been steadily increasing for weeks.

In the year 2021, Fantom will be released.

Fantom began 2021 with a relatively low price of $0.017, but it quickly began to rise. Its rise was sluggish at start, with a high of $0.026 reached after three weeks in January 2021. However, the coin’s rise accelerated after that, and by the end of January, the coin had climbed to $0.1.

By February 24th, it had already soared to $0.65, but this was just a temporary triumph, as resistance at $0.50 swiftly pulled it down, only to serve as a key barrier for the following two months, preventing FTM from soaring much higher.

On April 28th, the barrier was finally overcome, and the currency continued to rise until it hit $0.91. Unfortunately, the coin’s rise was cut short by the market meltdown in mid-May, which pushed it back down to $0.17, where it ultimately settled on July 19th.

After that, another bullish wave swept into FTM, propelling it to new highs and enabling it to hit $1.66 on September 9th. After a minor retracement to $0.98, the coin exploded upwards in a multi-month boom that culminated on October 26th, when it reached its all-time high of $3.13.

Fantom (FTM) Price is One Small Step Away from its ATH After a 30% Weekly Surge

By early November, the currency had fallen to $2.70 due to opposition near $3, but it made another effort to break through, ultimately hitting $3.16 in 2021. Mid-November, like mid-May, saw a market-wide slump that engulfed Fantom and pushed it back down. The currency plummeted from its all-time high to $1.26 in less than a month, dropping more than half of its value by December 14th.

This was the beginning of the market’s last spike in 2021, and although other currencies only saw a few days of price gain, FTM began skyrocketing and didn’t stop.

The price of the FTM began to rise on December 14th. By the 26th of December, most coins had seen yet another significant decline in what has become known as the Christmas crash. Fantom, on the other hand, just experienced a slight pullback before continuing to rise. The coin then entered 2022 with a significant price increase, and as of today, January 5th, 2022, it has once again reached $3.

In reality, at the time of writing, FTM is trading at $3.02, up 3.6 percent in the previous 24 hours and 30 percent weekly. The only issue now is whether Fantom will be able to permanently break through this obstacle and transform it into a support from which it can make further development.

Visit our Investing in Fantom guide to learn more about this coin.

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