Fantom Crypto: FTM Chart Giving Hints of a Steep Drop?

Fantom Crypto: FTM Chart Giving Hints of a Steep Drop?

1
The EMAs are behaving as dynamic support and resistance levels. The sellers are clearly dominant.
2
The price of FTM is in a downtrend, making lower highs and lower lows structures on the chart. 
Fantom is a platform that avails a DAG smart contract platform to provide DeFi services to creators using its unique consensus algorithm.
With FTM, Fantom wants to solve issues related to smart-contract platforms, especially transaction speed, which developers claim they have reduced to less than two seconds.
Fantom is a Layer-1 blockchain that uses a new consensus mechanism and a distinct consensus layer, Lachesis, to support DeFi and related services based on smart contracts.
Fantom objects to use a new consensus mechanism to aid DeFi and related services centered on smart contracts.
The mechanism, Lachesis, delivers much higher throughput and two-second transaction finality, along with improvements to security over traditional PoS algorithm-based platforms

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We współpracy z: https://www.thecoinrepublic.com/2024/01/13/fantom-crypto-ftm-chart-giving-hints-of-a-steep-drop/

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