Fantom (FTM) is currently displaying signs that may appeal to potential investors, especially following a substantial price correction. The article discusses the recent downtrend in FTM's market value, which has stirred interest in whether now might be a strategic time to invest. Key on-chain indicators, including the Price-Daily Active Addresses (DAA) Divergence and the Market Value to Realized Value (MVRV) ratio, suggest that FTM might be entering an accumulation phase, hinting at a potential rebound in the near future.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.
