Fantom price analysis: Upswing takes FTM close to $1.34

TL;DR Breakdown The price is going higher as per Fantom price analysis.Price levels have reached the $1.32 value.Support is quite strong at $ 1.08 level. The Fantom price analysis is favoring the bulls as the price levels have undergone significant improvement through out the day. The circumstances have been quite favorable for the overall price values as the price has increased tremendously. Further improvement in price is to follow in the upcoming hours as well as the bulls have taken the price above $1.32 in the last four hours. FTM/USD 1-day price chart: Bulls towards recovery after overtaking bears The one day Fantom price analysis shows that the bulls are giving a tough time to the bears as the price has increased today. The price levels are rising gradually and currently the price is settled at the $1.32 mark. During the past week, the bears tried to overpower the bullish momentum but failed in their attempt as the bulls are leading today as well. The moving average (MA) value is set at the $1.24 mark for the day, just below the current price level. FTM/USD 1-day price chart. Source: TradingView The volatility has decreased during the day which should be taken as an encouraging sign for the future. The Bollinger bands Indicator, on the other hand, is showing its upper value at $1.65 and its lower value at the $1.03 spot. The Relative Strength Index (RSI) score has increased as well and is now present at the 56 level. ...