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!
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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.