After trading under an intense bearish sentiment for a brief period, the Fantom price has recorded a strong bullish reversal amid ongoing cross-border market recovery. Moreover, with a 60% surge within 30 days, investors are curious about the possibility of it achieving the $1 mark.
The crypto market surged following the Federal Reserve's interest rate cut, with major cryptocurrencies experiencing rallies. However, the long-term outlook remains uncertain.
As Bitcoin's (BTC) price crossed the crucial milestone of around $62k for the first time in September, following the high-impact news from the Federal Reserve, the attention on the altcoin market significantly increased in the past 24 hours.
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.
The Trust Wallet team addressed rumors circulating on X (formerly Twitter), clarifying that Binance would not delist the TWT token.
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.
Uniswap, up 3.3%, also lead gainers in overnight trading.
Artificial Intelligence (AI) coins could be preparing to surge as Intel stock (NASDAQ: INTC) surged nearly 8% in extended trading hours on Monday. The increase comes after Intel CEO Pat Gelsinger provided an update on the company's plans to slash costs and turn around its business.
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.
NEAR Protocol, a decentralized blockchain platform designed for developing and running decentralized applications (dApps), has announced a new partnership with Nillion Network.
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.
Explore the potential of the upcoming altcoin season as we analyze the trajectory of 5 major coins primed to ride Bitcoin's market momentum. Understand what triggers altcoin season and how it impacts your cryptocurrency investments.
Market downturn pushes traders towards stablecoins as Bitcoin breaches critical support, impacting the broader altcoin market.
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.
AI tokens have surged in popularity, signaling a strong shift in investor focus from memecoins to AI-driven projects.
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.
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.
Bitcoin's rebound above $57,000 sparks a wave of gains across the altcoin market, with QNT, FTM, and OM leading the charge.
TL;DR Nillion integrates with NEAR Protocol to enhance data privacy and storage within the blockchain ecosystem. It will allow NEAR developers to use advanced privacy tools that accelerate data processing. It will facilitate the creation of privacy-respecting applications and promote the development of private artificial intelligence and privacy solutions in the DeFi ecosystem.
Nillion privacy-preserving tools for data processing could have implications for computationally heavy use cases like AI on NEAR.
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.
The cryptocurrency market continues to surprise both newcomers and veterans alike, with explosive growth seen in some of the more well-established projects. However, a new contender has entered the space: GoodEgg (GEGG), an AI-driven meme coin priced at just $0.00015.
Kujira and its partner join the Rujira Alliance to create a new DeFi app layer for THORChain.
The community will now move forward with proposals supporting the development of its core protocol software.
As Near Protocol (NEAR) continues to navigate market fluctuations, a new contender is emerging in the crypto world—GoodEgg (GEGG), an AI-powered meme coin poised to shake up the landscape.
The crypto markets witnessed a steep pullback in the past few days, which dragged the Bitcoin price below $54,000. Fortunately, the price triggered a V-shaped recovery in the next few days, which stabilised the entire market. In the meantime, the memecoins, the Solana ecosystem tokens and the AI tokens have been gaining significant strength.
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.
A widely followed crypto analyst is predicting one Ethereum (ETH) competitor is gearing up for a massive breakout. Crypto trader Michaël van de Poppe tells his 725,300 followers on the social media platform X that NEAR Protocol (NEAR) could soar 275% from its current value within six months.
NEAR Protocol has recently experienced a resurgence, with its price increasing by over 2% last week and an additional 3% rise in the past 24 hours. As of the latest data, NEAR is trading at approximately $4.02, and the token's market capitalization stands at over $4.5 billion.
FTM Bull Trap? Analysts warn of a possible correction as price nears $0.50 resistance.
NEAR is potentially overcoming its monthly decline of 2.20% as activities intensify.