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Home ยป Fantom Experiences Substantial Price Surge with Potential Correction Looming
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Fantom Experiences Substantial Price Surge with Potential Correction Looming

By adminMay. 17, 2024No Comments1 Min Read
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Fantom Experiences Substantial Price Surge with Potential Correction Looming
Fantom Experiences Substantial Price Surge with Potential Correction Looming
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Investing in the network has attracted numerous newcomers, but it may have caused a shift in sentiment among current holders. This can be seen through the Market Value to Realized Value (MVRV) ratio. The MVRV ratio is a measure of investors’ gains and losses, and Fantom’s MVRV of 14% over a 30-day period suggests profitability, which could lead to selling. Historical data shows that FTM corrections typically occurred within the MVRV range of 7% to 21%, also known as the danger zone. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.

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