Fantom (FTM) Poised for Growth, According to Crypto Analyst
Crypto strategist Michaël van de Poppe believes that Fantom (FTM), a competitor to Ethereum (ETH), is ready for a significant upward move. Van de Poppe states that as long as FTM remains above $0.30, it looks bullish. He suggests that FTM’s momentum will likely increase once it breaks through its immediate resistance at $0.33. If FTM holds above $0.30, it could potentially reach $0.40.
- FTM looks primed for continuation upwards
- Immediate resistance at $0.33
Van de Poppe also discusses three other altcoins. Fetch.ai (FET) needs to surpass its resistance at $0.25 for Van de Poppe to consider accumulating the coin. For Ethereum-scaling solution Arbitrum (ARB), a break above $1.30 would indicate a bullish trend. Lastly, Verasity (VRA) must surpass $0.0058 to trigger a significant surge.
- FET needs to break $0.25 for potential longs
- ARB must break $1.30 for bullish territory
- VRA needs to breach $0.0058 for significant surge
Hot Take: FTM and Other Altcoins Have Potential for Growth
According to Michaël van de Poppe, Fantom (FTM) is showing signs of potential growth. FTM’s bullish momentum could continue if it remains above $0.30 and breaks its immediate resistance at $0.33. Additionally, other altcoins such as Fetch.ai (FET), Arbitrum (ARB), and Verasity (VRA) also have the potential for growth if they surpass their respective resistance levels. Keep an eye on these coins as they may experience significant surges in the near future.