Fantom FTM

Is it a Good Time to Buy Fantom (FTM) Amid Price Correction?

Fantom (FTM) price has remained below the $1 mark since the start of the month, signaling a downtrend. Yet, there’s potential for recovery if investors accumulate FTM. Despite the downtrend, Fantom’s price shows signs of a potential breakout, backed by increased investor participation. The Price DAA divergence indicator suggests a buying opportunity, alongside the MVRV…

Read More

Polygon Price at 22-Month Support: Prime 2024 Dip Opportunity

MATIC’s price is currently moving sideways, driven by a symmetrical triangle pattern. There’s potential for a recovery, particularly with expected demand at $0.6. However, intraday trading volume for MATIC has dropped by 51% to $468.9 million. Historical patterns suggest that Polygon’s price may face significant buying pressure at the $0.6 support level. Amid a recent…

Read More
Bitcoin Down BTC

Why is Bitcoin Price Dropping?

Bitcoin’s price is experiencing turbulence, falling by 4.5% in the past 24 hours. Let’s explore the reasons behind this decline. Bitcoin has been going through a rough patch lately, with its price swinging up and down dramatically. One day, it’s soaring to $70,000 or more, and the next, it’s almost hitting $60,000. There’s a lot…

Read More
Avalanche AVAX

Avalanche (AVAX) Analysis: Death Cross and Correction

Avalanche’s price decline is likely to persist as a Death Cross occurs on the 12-hour chart, with indicators signaling increasing bearish momentum. Investor sentiment remains predominantly pessimistic, contributing to the ongoing downward trend. Avalanche (AVAX) price is expected to continue declining, unlike some other altcoins that are showing signs of recovery. Adding to the challenge…

Read More