Fantom (FTM) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the Distributed Software Platform has declined 2.01% to $0.4222173377.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
FTM’s moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate price swings and is well protected from price manipulation.
Fantom price is favorably positioned going forward. With support at $0.40863282277727 and resistance around $0.427686073328493. This positions Fantom with room to run before facing selling pressures.