Fantom (FTM) price surges 40% in a month — What’s behind the momentum?

Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.

Fantom (FTM) price has risen 25% in seven days, to $0.51 on Sept. 16. This is part of a rebound that began on Aug. 6 and has seen the price rise more than 40% over the last 30 days.

Data from Cointelegraph Markets Pro and TradingView shows FTM rose from a low of $0.26 on Aug. 5, climbing as much as 103% to an intraday high of $0.53 on Sept. 16.

FTM/USD daily chart. Source: TradingView

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Fantom price flashes a classic bullish trading pattern which could extend its month-long double-digit rally.
Fantom (FTM) price has risen 25% in seven days, to $0.51 on Sept. 16. This is part of a rebound that began on Aug. 6 and has seen the price rise more than 40% over the last 30 days.Data from Cointelegraph Markets Pro and TradingView shows FTM rose from a low of $0.26 on Aug. 5, climbing as much as 103% to an intraday high of $0.53 on Sept. 16.FTM/USD daily chart. Source: TradingViewRead more