Fantom(FTM) Price Primed to Plunge by more than 25%, Will it Fail to Hold $1 Levels? - BitcoinEthereumNews.com
เทคโนโลยีราคา Fantom (FTM) พุ่งขึ้นมากกว่า 25% จะล้มเหลวในการถือ 1 ดอลลาร์หรือไม่?03 / 07 / 2022ข่าว Bitcoin Ethereum A huge bearish trend is surfaced with Fantom price as soon as the DeFi king Andre Cronje along with Anton Nell anounce their departure from the crypto space. The asset witnessed a huge drop of more than 20% suring the weekend, which is continued until the press time. The sudden drop was mainly because Andre Cronje and Anton Nell are among the early developers of the Fantom platform. The founders also anounced the shut down of several projects, where-in some of them are on the Fantom blockchain too. Hence, the fear of the FTM price plunging severely haunts the rally. โฆษณา Amid the external factors are impacting the crypto space, the internal factors are also fueling up the bearish trend. And therefore, the current trend suggests the FTM price may be primed to drop to $1.3 initially and continue plunging lower to hit $1. The reason is pretty simple, the FTM price, since it flipped the bullish trend underwent a massive impulse wave but in the other direction. And it is much primed to undergo the 5th impulse wave which has the projections towards the lowermost levels too. Also Read