Explore our expert take on the best 3 coins to accumulate before the bull market rebounds in this insightful guide. Learn valuable strategies on taking advantage of post-dip opportunities in the cryptocurrency market
Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom's fundamentals, which have sparked a positive sentiment among investors.
Fantom (FTM) price is sustaining a bullish trend, despite some fluctuations in the market. Currently, the price is stable around key support levels, reflecting market volatility.
AAVE rejected at $146 resistance, now traders await either consolidation or a potential breakout.
Fantom's (FTM) 9% price surge in the last 24 hours has positioned it as the top performer among the top 100 cryptocurrencies by market capitalization. This rally is not fueled by speculation alone — it is backed by strong demand, evidenced by a sharp rise in trading volume.
Amid this ongoing market reversal, Fantom (FTM) is poised for a significant upside momentum following a strong bullish price action pattern breakout. On September 17, 2024, while the overall cryptocurrency market struggled to gain momentum, FTM's price surged by over 9% in the past 24 hours.
Fantom (FTM) has been soaring 17% over the past week, on a quite decent trend, with strong support recorded in the area of $0.47-$0.48, data from IntoTheBlock indicates. This suggests that the price jump may be connected to increased demand and growing network interest.
With the first Fed rate cut coming in tomorrow's FOMC meeting, the change to a looser monetary cycle is beginning. Bitcoin and crypto are likely to be beneficiaries of this easing.
This week remains vital for the financial industry, with markets expecting tomorrow's first rate cut by the Federal Reserve since 2020. The previous interest rate reduction triggered a bull run in the crypto market, and analysts expect the same this cycle.
The bullish sentiment around Fantom has significantly increased as investors expect the Sonic upgrade. Fantom (FTM) recorded an 11% surge in the past 24 hours and is trading at $0.56 at the time of writing.
The top 50 altcoins have a new rep today - Black Agnus.
Amid a recovering crypto market, the risk appetite of bulls and smart money is increasing. As a result, the demand for altcoins increases and teases a high-speed trend reversal rally. With a bullish trend in XRP and its rival under $1, the race to hit the psychological is neck to neck.
Fantom's native FTM token has been one of the best-performing assets amongst the large cap crypto assets over the past week, gaining over 6.6%.
In recent times, the world of crypto has witnessed a significant increase in the price of Fantom (FTM).
This week is critical for crypto, with the first rate cut since 2020 scheduled for Wednesday. According to crypto analyst Miles Deutscher, several altcoins are primed for explosive growth, depending on how the market reacts. Analyst has shared his top five tokens to watch closely, focusing on technical setups and fundamental factors.
Story Highlights Bitcoin Price Analysis: BTC price continues to trend along its $58k mark. Ethereum Price: ETH price is up with negligible gains of 0.11% since yesterday. XRP's momentum trembles amid Trump and SEC news.
No sooner than the Bitcoin price displays some bullish possibility, the altcoins have begun to thrive to some extent. The Fantom (FTM) price displays immense strength with over 10% gains, while the Celestia (TIA) price follows suit.
dApp volumes on the Fantom network surged nearly threefold from $3.4M to $9M within 24 hours.
Cryptocurrency Prices Today (September 17): The broader market showcased a highly volatile movement over the past day, raising investor speculations globally. Bitcoin (BTC) price faced hurdles to gain a break above $58K, while ETH traded at $2,200.
Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. FTMUSD holds above $0.50 after a minor consolidation.
Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.
Is Fantom Crypto the New Solana? With FTM price surging by +8.6%, top crypto influencer Ansem has zeroed in on the Fantom trade – here's why.
Based on Q3 returns, investors holding the other top DeFi blue chips were in losses, but not AAVE.
AAVE has been on a roll recently, showcasing a remarkable increase in value. In the last 24 hours alone, the token appreciated by 4.25%.
Sui (SUI) and Fantom (FTM) have demonstrated intriguing price movements following their respective consolidation phases. While Sui showcases bullish potential after integration upgrades, Fantom's rebound is tempered by cautious on-chain metrics.
Fantom's price jumped nearly 6% in 24 hours and has surged over 16% in the past seven days.
Aave price remains strong ahead of the launch of Trump's DeFi project, as Donald Trump survived his second assassination attempt in two months at his Florida golf club. The FBI confirmed that Trump is unharmed and quickly apprehended the suspect.
AAVE has recently posted gains that place it among the market's top performers, but this momentum may be short-lived.
Bitcoin's rally above $60,000 could trigger buying in FET, SUI, AAVE, INJ and other altcoins.
Bitcoin has struggled to hold onto the critical $60,000 support level in recent weeks due to the increasing selling pressure. Meanwhile, several emerging altcoins have outperformed Bitcoin over the past week. This has made analysts rethink their forecasts on leading altcoins including FET, Quant and Fantom which might lead gains in the coming week.
Vitalik Buterin, the co-founder of Ethereum, has made headlines with his recent investment in the Aave protocol. By depositing 2.27 million USDC and 2,851 ETH—totaling approximately $6.73 million—Buterin has drawn substantial attention to Aave, igniting discussions about its future prospects and potential impact on the broader DeFi ecosystem.
Bitcoin's rebound above $57,000 sparks a wave of gains across the altcoin market, with QNT, FTM, and OM leading the charge.
Aave (AAVE) has recently surged beyond the $150 mark, achieving a new yearly high. This upward movement has captured the attention of investors and analysts alike, who are now speculating about the possibility of a substantial price rally.
Crypto insights firm Santiment says that three altcoins are now worth keeping an eye on as one historically bullish indicator begins flashing.
AAVE bulls find resistance, leading to a mid-week pivot that could be the start of sizable wave of profit-taking.
Fantom could experience a price drop of over 8% to the $0.431 level if it closes a daily candle below the $0.469 level.
Ethereum's Vitalik Buterin has made a move, and it could have some implications.
Aave shows strong growth potential with bullish trends as GHO grows as well.
Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin swapped a significant sum of ETH to deposit into a DeFi protocol, with traders predicting a bright future for it. What Happened: Lookonchain data shows that Vitalik Buterin deposited 2.27 million (CRYPTO: USDC) into Aave (CRYPTO: AAVE).
Three tokens have significant short interest and may see a squeeze of those positions. MANA, GRT and AAVE can extend their gains, erasing the accumulated short positions.
Earlier this year, the blockchain project previously known as Fantom rebranded as Sonic Labs, generating significant buzz within the crypto community. Recently, Sonic Labs' chief technology officer Andre Cronje showcased the network's testnet performance, highlighting a transaction finality of 720 milliseconds.
AAVE has been one of the altcoins that have seen a recovery in both volume and price over the last week. This comes with a jump in positive sentiment associated with the DeFi token, enabling bulls to reclaim control of the price once more.
Aave (AAVE), Decentraland (MANA), and The Graph (GRT) have emerged as three altcoins that could enjoy a price surge as the crypto market rebounds. Onchain analytics platform Santiment highlighted a crucial indicator proving these altcoins are worth watching.
The deployment of GHO has been limited to Ethereum and Arbitrum networks, at least for now.
A wallet linked to Vitalik Buterin made a deposit to Aave in ETH and USDC following a period of ETH sales. Buterin claims some of the sales were part of a previously preset CoW Swap liquidation to benefit a bio-defense organization.
AAVE, a leading decentralized finance (DeFi) token, has surged by 21% to achieve a new two-year high. This impressive leap has caught the attention of investors and analysts alike, with the $182 mark now appearing to be a realistic target.
The Aave community is currently considering supporting Coinbase's upcoming Bitcoin wrapper, cbBTC, in its V3 protocol.
Aave, The Graph and Decentraland could see significant spikes due to notable declines in their funding rates.