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- FTM accumulated bull momentum, and prices have increased by over 20% in less than 48 hours.
- The activity of Altcoin Kita and the MVRV ratio soon pointed to a further potential set.
Fantov (FTM) The price witnessed a significant bull’s momentum from cleaning the critical fire value of about $ 0.435.
Since its reversal from a key price level that can act as the driver of a new bull run, Altcoin accumulates bull’s momentum, as evidenced by a recent gathering of 20% in the last 48 hours.
Source: TraringView
Whales make great moves
Interestingly, FTM data on the chain discover a significant jump in whale activities. According to Intotheblock data, large transactions have increased by 194% in the last 24 hours. This indicates that the main investors accumulate a phantom at the predominant level of reduced prices.
Historically, the FTM whale action increased by the movement of large prices. If this trend continues, FTM could keep his bull’s momentum.
Source: Intotheblock
Phantom mvrv ratio leaning against Bullish
According to Santiment data, the MVRV -A FTM ratio is currently -100%. The negative ratio of MVRV is usually indicated by the property undervalued. When Mvrv stays negative, it suggests that many FTM investors keep the loss.
This could be preceded by Fanton’s price recovery, as the market participants want to buy at discounted levels to target the zone of higher resistance.
Source: Santiment
Is FTM ready for further ride?
FTM showed impressive strength after cleaning the key fire difference. With increased whale accumulation and a favorable MVRV ratio, it seems that the phanta is in a strong phase of recovery from its recent massive falls.
Read the prediction of Phantom’s price (FTM) 2025-26
The recent momentum of the bull indicates that customers come to increase prices. If the bicoic feeling prevail, FTM can reach a higher level of resistance in the coming days.
