Phantom, came up with an increasingly prominent presence in the decentralized financial world (DeFi).
Yesterday's trading session, Phantom remained positive price movement despite the crypto market being hit by a wave of price declines.
In the September trading session, Phantom has produced a 167% jump reaching the latest all -time high (ATH) of $ 1.85 yesterday.
Recently, Coinbase Wallet has integrated support for the mainnet Phantom where a little bit of support has consistently supported soaring price movements.
We're extremely excited to announce that @CoinbaseWallet now supports Fantom mainnet!
Over a million Coinbase wallet users can now send and receive FTM instantly with near-zero fees, and interact with wallets and dApps.https: //t.co/4bMtd7Gbpw
- Fantom Foundation (@FantomFDN) September 1, 2021
Meanwhile, examine the current movement chart of the FTM/USDT price.
After posting the latest ATH, FTM was unable to maintain a consistent price movement until it declined to a price level of around $ 1.2.
Crypto analysts expect that if FTM shows a positive price movement, the $ 1.60 SBR (support become resistance) zone will be the next target to be tested first before making a higher jump.
However, if the FTM price shows a declining pattern, the price is seen to re -test the $ 1.20 RBS (resistance become support) zone before heading to a lower level.
At the time of writing, FTM is trading at the $ 1.36 price level down over 22% in the last 24 hours. Coins are currently ranked 44th in the crypto market.
