The four-hour chart from reveals FTM price has been following a major bullish trend in recent days.

The price is approaching an all-time high which would bring its total market capitalisation to more than $4.2bn.

The cryptocurrency’s price is above the short and longer-term moving averages while the MACD has moved above the neutral level.

The token will likely keep rising in the near term as bulls target the next key resistance level at $1.8600.

A move above that resistance will see it rally to more than $2 but will be invalidated if it drops to below $1.50.

Source link