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FTM soars by 10% after Fantom integrates with Ledger Dwell

by SB Crypto Guru News
November 30, 2022
in Analysis
Reading Time: 4 mins read
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FTM soars by 10% after Fantom integrates with Ledger Dwell
  • FTM has been one of the best performer amongst the highest 100 cryptocurrencies by market cap within the final 24 hours.

  • The rally comes after Fantom introduced its integration with Ledger Dwell. 

  • FTM might rally towards the $0.270 resistance stage within the close to time period.

Fantom integrates with Ledger Dwell

FTM, the native token of the Fantom blockchain, is one of the best performer amongst the highest 100 cryptocurrencies by market cap thus far at this time. It has added 10% to its worth within the final 24 hours. 

The rally comes after the Fantom Basis introduced that Fantom had built-in with Ledger Dwell. 

Fantom simply arrived on @Ledger Dwell!

Customers can now ship, obtain & view their $FTM instantly by means of the Ledger Dwell app.https://t.co/cfbXguC0US pic.twitter.com/PFUPEyQkrW

— Fantom Basis (@FantomFDN) November 29, 2022

Ledger is likely one of the main {hardware} pockets producers within the cryptocurrency house. This newest cryptocurrency information signifies that customers can now ship, obtain and examine their FTM instantly by means of the Ledger Dwell app.

The broader crypto market has been performing properly since its poor begin to the week. The entire crypto market cap is now above $850 billion after including 2% to its worth over the previous couple of hours.

Bitcoin can be up by greater than 2% within the final 24 hours. At press time, the value of Bitcoin stands near the $17k resistance stage. 

Key ranges to observe

The FTM/USD 4-hour chart is bullish, as Fantom has been performing properly in the previous couple of days. Technical indicators present that FTM is outperforming the broader cryptocurrency market.

With the MACD line above the impartial zone, bulls are at the moment in charge of the Fantom market. Moreover, the 14-day relative power index (RSI) of 84 signifies that FTM may be very near getting into the overbought zone.

At press time, FTM is buying and selling at $0.2395 per coin. With the bulls nonetheless in cost, FTM might surge previous the $0.270 resistance stage within the coming hours. 

Nonetheless, FTM would wish the assist of the broader cryptocurrency market to interrupt previous the $0.30 resistance stage for the primary time in almost one month. 

The place to purchase Fantom now

eToro

eToro gives a variety of cryptos, resembling Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro customers can join with, be taught from, and duplicate or get copied by different customers.

Purchase FTM with eToro at this time

Binance

Binance is likely one of the largest cryptocurrency exchanges on the earth. It’s higher suited to extra skilled traders and it gives numerous cryptocurrencies to select from, at over 600.

Binance can be identified for having low buying and selling charges and a a number of of buying and selling choices that its customers can profit from, resembling; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.

Purchase FTM with Binance at this time


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