Fantom Consolidates Around $0.201, Could Fetch Potential Growth

• Fantom (FTM) is trading at around $0.201 and has a market cap of $557 million.
• The coin is consolidating around $0.201 and may go up if it bounces above the 21-day moving average.
• If the bears break toward the downside, the price could fall to the next support levels of $0.120, $0.100, and $0.080.

Fantom (FTM) has been unable to fetch any significant growth over the past few days, as the price has been trading on the negative side. FTM is now trading at around $0.201 and has a market cap of $557 million, with a circulating supply of 2.7 billion and a total supply of 3.1 billion. FTM/USD is currently consolidating around $0.201, and the bulls may push the coin up if they break above the 21-day moving average. If this happens, the price may face potential resistance levels of $0.300, $0.320, and $0.340.

On the other hand, if the bears break toward the downside, the price could fall to the next support levels of $0.120, $0.100, and $0.080. FTM/BTC is also moving sideways, but the coin has yet to record a tremendous gain. However, the buyers may continue to gather momentum and the coin may begin an upward movement if it breaches the 1300 SAT resistance level.

Overall, FTM is currently in a consolidation phase and is yet to record a massive growth. Investors should be patient and wait for the coin to break either of the support or resistance levels before making any investment decisions.