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FTM has been the most effective performer amongst the highest 100 cryptocurrencies by market cap within the final 24 hours.
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The rally comes after Fantom introduced its integration with Ledger Live.
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FTM might rally towards the $0.270 resistance degree within the close to time period.
Fantom integrates with Ledger Live
FTM, the native token of the Fantom blockchain, is the most effective performer amongst the highest 100 cryptocurrencies by market cap up to now at this time. It has added 10% to its worth within the final 24 hours.
The rally comes after the Fantom Foundation introduced that Fantom had built-in with Ledger Live.
Fantom simply arrived on @Ledger Live!
Users can now ship, obtain & view their $FTM straight via the Ledger Live app.https://t.co/cfbXguC0US pic.twitter.com/PFUPEyQkrW
— Fantom Foundation (@FantomFDN) November 29, 2022
Ledger is without doubt one of the main {hardware} pockets producers within the cryptocurrency area. This latest cryptocurrency news implies that customers can now ship, obtain and look at their FTM straight via the Ledger Live app.
The broader crypto market has been performing effectively since its poor begin to the week. The complete 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 price of Bitcoin stands near the $17k resistance degree.
Key ranges to observe
The FTM/USD 4-hour chart is bullish, as Fantom has been performing effectively 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 presently accountable for the Fantom market. Furthermore, the 14-day relative power index (RSI) of 84 signifies that FTM may be very near coming 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 degree within the coming hours.
However, FTM would wish the assist of the broader cryptocurrency market to interrupt previous the $0.30 resistance degree for the primary time in almost one month.
Where to purchase Fantom now
eToro
eToro presents a variety of cryptos, corresponding to Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro customers can join with, study from, and replica or get copied by different customers.
Binance
Binance is without doubt one of the largest cryptocurrency exchanges on this planet. It is best suited to extra skilled buyers and it presents a lot of 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, corresponding to; peer-to-peer buying and selling, margin buying and selling and spot buying and selling.
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