FTM’s Price Has Soared Over the Last Week, AVAX and DOT Next?

• FTM printed outstanding 30+% gains over the last week.
• AVAX and DOT have also printed double-digit weekly gains.
• AVAX and DOT’s daily charts suggest that their price will soar even more this week.

The price of Fantom (FTM) has risen 3.16% over the last 24 hours according to CoinMarketCap. FTM has had a stand-out performance over the last week as the altcoin’s price soared more than 30% over the period. As altcoins start this week on a high, Avalanche (AVAX) and Polkadot (DOT) seem to be gearing up for a move up as well.

The price of AVAX has posted double digit gains over the last week as well. At press time, AVAX’s price stands at $14.16 following a 15.26% increase over the last 7 days. This positive weekly price performance seems to have continued over the last 24 hours as the altcoin’s price is also up 3.67% over the last day.

AVAX’s daily chart is very bullish at the moment as the price of AVAX has broken above the daily 9 and 20 EMA lines. In addition to this the daily RSI line is sloped positively above the daily RSI SMA line, and the daily 9 EMA is attempting to cross above the daily 20 EMA line. Should this cross happen, AVAX’s price will rise to a minimum of $15.44.

Meanwhile, DOT’s price tells the same positive story as its price rose just more than 10% over the last week and 2.76% over the last 24 hours. This has taken DOT’s price up to $5.69 at press time.

The daily chart for DOT is also bullish as the daily RSI line is sloped positively above the daily RSI SMA line, and the daily 9 EMA is also looking to cross above the daily 20 EMA line.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.