Tuesday, February 7, 2023
    HomeMarketFTM soars by 10% after Fantom integrates with Ledger Live

    FTM soars by 10% after Fantom integrates with Ledger Live


    • FTM has been the very best performer amongst the highest 100 cryptocurrencies by market cap within the final 24 hours.

    • The rally comes after Fantom introduced its integration with Ledger Dwell. 

    • FTM may rally towards the $0.270 resistance degree within the close to time period.

    Fantom integrates with Ledger Dwell

    FTM, the native token of the Fantom blockchain, is the very best performer amongst the highest 100 cryptocurrencies by market cap thus far at this time. It has added 10% to its worth within the final 24 hours. 

    The rally comes after the Fantom Basis introduced that Fantom had built-in with Ledger Dwell. 

    Ledger is among the main {hardware} pockets producers within the cryptocurrency area. This latest cryptocurrency news signifies that customers can now ship, obtain and examine their FTM straight by way of the Ledger Dwell app.

    The broader crypto market has been performing nicely since its poor begin to the week. The entire crypto market cap is now above $850 billion after including 2% to its worth over the previous few hours.

    Bitcoin can also be up by greater than 2% within the final 24 hours. At press time, the price of Bitcoin stands near the $17k resistance degree. 

    Key ranges to look at

    The FTM/USD 4-hour chart is bullish, as Fantom has been performing nicely in the previous few days. Technical indicators present that FTM is outperforming the broader cryptocurrency market.

    With the MACD line above the impartial zone, bulls are presently answerable for the Fantom market. Moreover, the 14-day relative power index (RSI) of 84 signifies that FTM may be very near coming into the overbought zone.

    At press time, FTM is buying and selling at $0.2395 per coin. With the bulls nonetheless in cost, FTM may surge previous the $0.270 resistance degree within the coming hours. 

    Nevertheless, FTM would wish the help of the broader cryptocurrency market to interrupt previous the $0.30 resistance degree for the primary time in almost one month. 

    The place to purchase Fantom now


    eToro affords a variety of cryptos, reminiscent of Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro customers can join with, be taught from, and replica or get copied by different customers.

    Buy FTM with eToro today


    Binance is among the largest cryptocurrency exchanges on this planet. It’s higher suited to extra skilled buyers and it affords numerous cryptocurrencies to select from, at over 600.

    Binance can also be identified for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, reminiscent of; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.

    Buy FTM with Binance today

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