Altcoins Face Continued Rejection After Recent Rallies - BitcoinEthereumNews.com
The bear market is overwhelming as altcoins trade below their moving averages. In other words, cryptocurrencies are in a downward correction at the bottom of the chart. The biggest losers among the altcoins are trading and buying at lower levels, while the upside is hindered below the moving averages. Fantom n Fantom (FTM) is in a downtrend as the altcoin faces rejection at the high of $2.10. Since January 17, the cryptocurrency has been in a downtrend, falling to the low of $1.37. The recent decline has put the altcoin in the bearish trend zone and further selling pressure is expected. Meanwhile, on January 22, the downtrend; a retraced candlestick tested the 61.8% Fibonacci retracement level. The retracement suggests that FTM will fall to the Fibonacci extension level of 1.618 or $0.81. The price action shows that the market has fallen to $1.37. It is the biggest loser of the past week. It has the following characteristics: n n ราคาปัจจุบัน: $ 1.37 n มูลค่าหลักทรัพย์ตามราคาตลาด: $ 4,349,620,508 n ปริมาณการซื้อขาย: $ 1,652,774,754 n ขาดทุน 7 วัน %: 25.69% n ลับ n Secret (SCRT) is in a downward correction as the price falls below the moving averages. The cryptocurrency was previously in a sideways trend. The bulls failed to keep the price