# FxWirePro- Fantom (Chart of the week) By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/investing/10963 Published: 2023-12-27T01:28:01.000Z Updated: 2023-12-27T01:28:01.000Z Section: Investing > FTMUSD was one of the best performers the previous week. FTMUSD was one of the best performers the previous week. Any weekly close above $0.60 confirms further bullishness. FTMUSD was the best performer and surged more than 50% in the past week. The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $0.5671 and is currently trading around $0.5438. The bullish invalidation can happen if the pair closes above $0.60. On the lower side, the near-term support is $0.470. Any break below targets $0.40/$0.280. Significant downtrend if it breaks $0.230. The immediate resistance stands at around $0.60. Any breach above confirms a minor pullback. A jump to $0.740/$0.90 is possible. A surge past $0.90 will take FTM to $$1.60. It is good to buy on dips around $0.470 with SL around $0.390 for TP of $0.90. [TokenPost]() | info@tokenpost.com ## Links in this article - [TokenPost](https://www.tokenpost.com)