Fantom receives a strong long-term technical score of 95 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin’s consistency, volatility, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
Currently, FTM holds a superior long-term technical analysis score than 95% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.
The current trading price of $0.330000000 for FTM is $0.1100000 (50.24%) above the coins 100-day moving average of $0.220000000. FTM meanwhile is $0.1600000 (-6475.30%) above its 52-week low of $0.160000000 and -$3.03000000 (-287.88%) under its 52-week high price of $3.360000000. Fantom’s current price relative to the coins long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 95. The price movement and range of FTM suggest that investors are neutral on the coin at this time.
Fantom has a total market value of $903,891,147.82 with an average average daily volume of $756,226,564.03 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, FTM’s volume is below its average with $253,996,922.92 exchanged in total.
This coin’s subclass Distributed Software Platform: A platform is a decentralized infrastructure designed for a purpose. These can take the form of exchanges for the trading of cryptocurrencies, decentralized data storage, artificial intelligence, virtual or augmented reality, distributed computing and big data collection, among other things.
Trading patterns over the last year for Fantom leads to the coin’s a strong long-term technical score of 95 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the coin.
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