The $28 is a special Fib-confluence I found and it coincides interestingly enough with the slope of the trendline that FTM has found itself bumping along the entirety of the bull market. The tentative end-cycle macro top will be in late September which would meet our $28 target for FTM.
On the Fundamental side, this coincides with a justification of the TA - FTM is growing its network exponentially. Their transactional growth of 3 million to 10 million in a matter of 2 weeks in unfathomable. Nothing is growing this fast - governments are adopting FTM left and right and ETH volume is shifting over to FTM as it is basically feeless and instantaneous.
On the Fundamental side, this coincides with a justification of the TA - FTM is growing its network exponentially. Their transactional growth of 3 million to 10 million in a matter of 2 weeks in unfathomable. Nothing is growing this fast - governments are adopting FTM left and right and ETH volume is shifting over to FTM as it is basically feeless and instantaneous.