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$15 Cycle Top Set for Fantom (FTM), as Altcoin Price Chart Completes Bullish Golden Cross Pattern
The crypto market is witnessing an extraordinary run, with the price of Bitcoin setting a new ATH and altcoins following suit. This phenomenon has sparked immense excitement among traders, with many anticipating a phenomenal rally in the coming weeks. In this context, Fantom (FTM) has caught the attention of many due to its impressive 12% surge over the last 24 hours.
The altcoin’s current price stands at $1.38, and it is believed that this momentum will carry through to a cycle top target of $15, as indicated by a golden cross pattern in its price chart. This development has not escaped the attention of crypto enthusiasts, with many already speculating about the potential gains.
It is undeniable that the current market sentiment has favored altcoins, which have been seen to be mirroring Bitcoin’s bullish movement. With FTM being no exception, it would appear that this correlation will continue in the short term.
In conclusion, the recent surge of Fantom (FTM) and its alignment with a golden cross pattern leaves little doubt that investors should keep an eye on this altcoin as the crypto market continues to evolve.
Source: cryptonewsland.com
