Home Community Insights Fantom and Tezos Bearish Outlook Worsens, But Pomerdoge Price Surge Outshines Crypto Market

Fantom and Tezos Bearish Outlook Worsens, But Pomerdoge Price Surge Outshines Crypto Market

Fantom and Tezos Bearish Outlook Worsens, But Pomerdoge Price Surge Outshines Crypto Market

Pomerdoge (POMD), a new play-to-earn game is making waves in the crypto space after skyrocketing from $0.007 to $0.014 within two months. The token’s performance has eclipsed that of well-established coins like Fantom (FTM) and Tezos (XTZ). Let’s look at what Pomerdoge is and what it has to offer.

Summary:

  • Analysts have predicted an 18% price surge for Pomerdoge in the coming weeks.
  • Tezos is trading in the red despite upcoming developments.
  • Investors are losing faith in Fantom.

Click Here To Find Out More About The Pomerdoge (POMD) Presale

Fantom (FTM) Price Forecast Remains Bearish

Fantom’s recent price action paints a bearish picture with sellers dominating the market. The Fantom crypto has dropped by more than 23% since mid-August, losing the important $0.200 support level in the process.

In light of its recent drop, the Fantom price prediction maintains its bearish stance. The token must cross above the critical $0.2000 resistance level to spark a rally. Meanwhile, this bearish sentiment is further reinforced by the formation of lower low swings.

Additionally, the Fantom coin is trading below both the 50-day EMA ($0.221936) and the 200-day EMA ($0.300903). The RSI of the altcoin has been steadily declining and currently rests at 39.75. As a result, investors have lost confidence and are jumping ship to more promising investments.

Tezos Domains To Launch New Token on Tezos (XTZ) Blockchain

Tezos Domains, renowned for its unique domain name services on the Tezos network, is gearing up to launch its highly anticipated TED token on September 25th, 2023, at 5:00 PM UTC. This token will be made available through the TrustSwap Launchpad, a trusted platform for decentralized token offerings.

However, the Tezos coin has been gradually slipping into a descending triangle pattern since July 2023. As a result, the price of XTZ has dropped from $0.900 to a low of $0.667032. However, the token is showing more losses on the 7-day chart with a 4.41% decline.

The technical indicators for Tezos point to further price declines. The altcoin is currently trading below the 20, 50, 100, and 200-day moving averages, which could see the token drop to lows below $0.6000.

Pomerdoge (POMD): Analysts Forecast 18% Price Surge

According to a recent research report, the global gaming market will be worth about $65.77 billion by 2027. Pomerdoge (POMD) is building a platform that will help investors benefit from the growing market.

Pomergame is set to incorporate a plethora of features designed to enhance gameplay. It will be launching Pomergame in September. Gamers will have the chance to earn rewards through various contests and competitions. Pomerdoge is gearing up to launch Pomerplace, a dedicated marketplace.

However, only players who attain the gold status called “Pomers” will have access to Pomerplace. Investors will gain access to purchase, sell, and trade in-game assets within this marketplace. Apart from being a marketplace, Pomerplace will also serve as a battle arena for players. Currently, the platform’s native token, POMD, is in the presale phase, available at a rate of $0.014.

Meanwhile, Pomerdoge has successfully sold approximately 50% of the tokens allocated in its current stage. Experts anticipate that the token price will climb to $0.0165 by the end of September. Therefore, investors are advised to act quickly to partake in the potential gains.

Find out more about the Pomerdoge (POMD) Presale Today:

Website: https://pomerdoge.com/

Telegram Community: https://t.me/pomerdoge

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