Fantom Sales Escalate With Losses of 52% – Is There More to Come

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Source: FTM/USDT TradingView p > div > On December 16, FTM faced its first rejection from the $1.44 level. Bitcoin [BTC] registered a loss of 5.6% two days later following pessimistic news from the FOMC meeting, which further weakened buying pressure for FTM. p > By the end of that month, relief came at around $0.659 thanks to the 61.8% Fibonacci retracement level; nonetheless, sellers remained dominant and established even lower lows during Fantom’s downtrend over recent weeks. p > For nearly a full month now, RSI has lingered below neutral territory (50), indicating consistent bearish momentum in action. Additionally, OBV dropping beneath November’s lows raises further concerns about significant selling pressure within market dynamics. p > Open interest reaches unprecedented lows h2 > Not only did OBV decline dramatically; open interest also hit levels not witnessed in over two years—both metrics signaling notable selling activity against this token pair! It could be speculated that pending swaps onto new apparatuses explained some degree behind these losses followed up through “S” inception according towards goals laid out within forecasting periods such as reading “Fantom’s [FTM] Price Projection for Years ahead: ’25 – ‘26”! p > Because exchanges announced intentions surrounding new RAT pairs replacing older template currencies leading dissolution subsequently across means showcasing profitability tends discouraging buyers accruing positions causing reductions exhibited here alongside broader unloads felt overall marketplace trend-wise seen today falling back pre-defined optimistic expectations regaining hold among riskier assets present throughout cryptoivarian sectors accumulate hence posing real threats ahead! P >
Please note—The information shared herein should not be interpreted as investment advice or financial recommendations but solely reflects individual insights articulated through authorial perspectives expressed locally!。