Cryptocurrencies Price Prediction: Fantom, Bitcoin & Crypto – European Wrap 16 August

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Cryptocurrencies Price Prediction: Fantom, Bitcoin & Crypto – European Wrap 16 August
Cryptocurrencies
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Fantom (FTM) price encounters the upper trendline of a falling wedge pattern in the European trading session and trades lower below $0.380 on Friday.

Fantom price is poised for a 15% rally after breaking above a falling wedge pattern Fantom price encounters the upper trendline of a falling wedge pattern in the European trading session and trades lower below $0.380 on Friday. On-chain data shows that FTM's Total Value Locked and Open Interest are rising, suggesting growing activity and interest within the FTM ecosystem, which indicates a bullish move on the horizon.

The risk-on mood returned to markets this week, Marathon Digital added 4,141 BTC worth $249 million to its holdings and the US SEC approved a MicroStrategy leveraged ETF, potentially giving investors more exposure to Bitcoin. Top 5 cryptos by positive sentiment: Chiliz, Ethereum, BNB, NOT and TON Chiliz , Ethereum , Binance Coin , Notcoin , and Toncoin are the five cryptocurrencies with the most positive sentiment among crypto traders, according to data from Oriole Insights.

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