Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News

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Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday – Market Updates Bitcoin News
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Fantom was trading by almost 10% higher, as FLOW fell during Wednesday’s trading session.

Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session.was one of Wednesday’s biggest bulls, and was up close to 10% earlier in today’s session, cementing its place as the world’s 30th largest cryptocurrency.came as prices rose from the long-term support of $1.51, and look set to move towards resistance of $2.30.

This rise in price strength has also seen the RSI move closer to its own resistance point of 54.11, which is a stone’s throw away from its current point of 52.02. However, this was not today’s biggest loser, that honor went to FLOW, which as of writing was down 3.10%.FLOW/USD hit an intraday low of $6.36 on Wednesday, following an earlier high of $6.83, which was marginally above the $6.80 resistance point.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

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