FTM has recently broken out of its bullish structure. However, it is now approaching a major support level. Therefore, a higher low is still possible.If there is a 4-hour close above $0.25, expect to see a retest of our area of interest. However, if there is a rejection from this zone, another lower low will be on the table.If you are one of those who skipped to the bottom to save some time, here is a summary of the above:NEAR is approaching support.FTM has broken its bullish channel.
Something to look for out is if these levels of support can hold. Losing these levels would be catastrophic across the board. Remember that this is all based on the subjective views of the writer. As always do your own research. Not sure whether to invest your hard-earned money in crypto or stocks? Check out our comprehensive guide onThis article contains links to third-party websites or other content for information purposes only . The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site.
Source: News Formal (newsformal.com)
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