Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session.
Biggest Gainers
Fantom was one of Wednesday’s biggest bulls, and was up close to 10% earlier in today’s session, cementing its place as the world’s 30th largest cryptocurrency.
Today’s rally in FTM/USD came as prices rose from the long-term support of $1.51, and look set to move towards resistance of $2.30.
The price of FTM rose to an intraday high of $2.07 on Wednesday, following a low of $1.78 less than 24-hours ago.
As of writing this, fantom was trading 9.57% higher, as the 14-day RSI rose to its highest level since January 31.
This rise in price strength has also seen the RSI move closer to its own resistance point of 54.11, which is a stone’s throw away from its current point of 52.02.
From the chart, it appears that bulls have yet to li
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