Fantom Price Stuck in Sideways Trend, FTM/USD Could Bounce Soon

Fantom Price Prediction for Today, December 28:
• FTM/USD Ushers Price to $0.192 Support
• Fantom Price Prediction: FTM Price Not Yet Ready for the Upside
• FTM/BTC Keeps Moving Sideways

Fantom is a distributed ledger technology, which is being developed to create a decentralized and secure platform for digital transactions. Recently, the Fantom price has been trading on the negative side as the sellers dominate the market. The Fantom price prediction shows that FTM has not been able to fetch any significant growth over the past few days.

At the time of writing, Fantom is ranked #59 on CoinMarketCap with a market cap of $557 million, a circulating supply of 2.7 billion FTM, and a total supply of 3.1 billion FTM.

The FTM/USD market is trading at around $0.201 with no significant price movements. The market may go up if it bounces above the 21-day moving average to face the potential resistance levels of $0.300, $0.320, and $0.340. On the other hand, FTM/USD may sink if the bears break toward the downside, and the price could fall to the next support levels of $0.120, $0.100, and $0.080.

The FTM/BTC keeps moving sideways, but the coin is yet to record a tremendous gain. However, the buyers may continue to gather momentum, it is likely that the coin to begin an upward movement. A bullish movement above 1300 SAT could push the FTM price to the resistance levels of 1550 SAT and 1720 SAT.

In conclusion, the Fantom price is yet to record a tremendous gain as the market is still in consolidation. However, the buyers may continue to gather momentum, and the FTM/USD may start an upward movement if it passes the resistance levels. On the other hand, the price may sink if the bears break toward the downside and the FTM/BTC may continue its sideways movement.