Fantom Holders Surge as FTM Eyes Potential Breakout
• Fantom (FTM) has seen a surge in profitable holders to 55%, a level historically followed by an 858% price increase within months.
• The supply of FTM held by short-term traders has markedly increased, suggesting potential for heightened volatility.
• FTM price could break above $1 resistance if momentum continues, but consolidation around current levels is also possible.
• Strong support exists around $0.54, but failure could see a 55% correction to $0.41.
• Overall trend remains unclear as short-term averages are rising while still below current prices.