The support level definitely affects the the currency. It is at the final stage of the falling wedge, meaning it will soon breakout.
INFO FTM:
- Investors will purchase the currency for actual usage (safety transactions,...).
- The support level is holding the right now, meaning its a good time for huge increase.
- CEO of FTM is very visible in his action through twitter and updates and deals are present.
I THINK:
This is the lowest FTM will be, after the breakout it will have a higher support level as investors and governments are dealing with FTM. BUY NOW!
INFO FTM:
- Investors will purchase the currency for actual usage (safety transactions,...).
- The support level is holding the right now, meaning its a good time for huge increase.
- CEO of FTM is very visible in his action through twitter and updates and deals are present.
I THINK:
This is the lowest FTM will be, after the breakout it will have a higher support level as investors and governments are dealing with FTM. BUY NOW!
Comment:
BTC dominance is strong. This is the main reason most Altcoins are still in a downtrend market. Until this channel remains valid, Altcoins will experience difficulty. FTM is looking promising but might experience bellow support level deviation. I strongly suggest keeping FTM and not force make a trade with other Alts. In the meantime I will look for slit price deviation which could bring the price of FTM back on track.