Over the past 3 weeks, Fantom crypto has been moving sideways. It is fluctuating in a narrow band between $0.6000 and $0.7000. However, the uptrend was intact, and the bulls tightened their muscles, anticipating a range breakout ahead.
It was holding gains above the 20-day EMA mark and conveying strength on the chart. Amidst the price consolidation, the FTM crypto lingers for a breakout. Last month, Fantom crypto escaped a falling channel, and a golden crossover between 20-day and 200-day EMA was observed.
Buoyed by the positive investor interest and upward shift of over 10%, the FTM price could exit this range. It may split the $0.7100 upper neckline hurdle soon.
With the bullish cues, Fantom crypto could soon break free and trigger the next wave of bullish rally. A daily close above $0.7100 would permit the bulls to target $0.7600, followed by $0.8000 in the upcoming sessions.
Fantom Price Prediction: Escape Ahead?
The Fantom price was stuck in range and had shown a lack
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