As the as the weekend arrives and all of news is out, most important of them non farm payroll that shows the job market is more resilienct than the consensus before and it would temper the end of future hike rates, Bitcoin and Etherium as market leaders in the cryptocurrency market are in uotrend but at this moment Fantom was stopped and I think it's natural because of the nature of this currency that starts moving fast and furious somehow.
We will have two days I mean Saturday and Sunday that the stock market is closed, to decide which direction the cryptocurrency market will go, at this moment Etherium has gone up around 3% in 24 hours and we expect this currency to top around $2,000 by a similar calculation we can expect that Fantom gets around 0.46 until the end of Sunday that markets will be opened.
We will have two days I mean Saturday and Sunday that the stock market is closed, to decide which direction the cryptocurrency market will go, at this moment Etherium has gone up around 3% in 24 hours and we expect this currency to top around $2,000 by a similar calculation we can expect that Fantom gets around 0.46 until the end of Sunday that markets will be opened.
Comment:
In the short term, the price may be bounced back at 0.4430.