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Fantom forecast (FTM)
FTM reached its peak on February 25 at $0.87. Since then, the coin has entered a correction phase. However, the drop stopped on February 28, and FTM started consolidating inside a descending wedge. This is a well-known pattern indicating a possible bullish reversal.
This forecast is strengthened by a bearish divergence on RSI & MACD.
So, the likelihood of a bullish breakthrough of this model is quite high. The next nearest support area is at $0.587.