Full disclosure: I'm a long-term Fantom holder (as I mentioned before in my micro-review). Yes, I am currently underwater. But my doubt turned into hope and now it's turning into conviction as I zoom out on the 12hr chart. We see real strong support at .2, an ATH of 3.46 on November 2021, and a current price at .4 which is just under 90% down from its ATH.
I have not done any detailed technical analysis, nor do I intend to. My thesis is simply that FTM has been the victim of FUD and no good news, until the unveiling of the Fantom Sonic testnet a few months ago, which I don't think the market has fully appreciated just yet. It's really fast. Like Solana and Kaspa fast. Maybe even faster. 🫠
Anyway, charts like these are sexy af and if I'm going to degen, I'd rather do it with an old friend than the hot new meme or shit coin. Show Less
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