The crypto market landscape is marked by fluctuating trends and emerging opportunities. Today’s article looks at the struggle of Filecoin (FIL) in the market while Fantom (FTM) attempts to overcome obstacles at the $0.3000 level. Meanwhile, a new exciting project, Pomerdoge (POMD) stands out with its new model, attracting investors in its presale.

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

Filecoin (FIL) Price Fails To Gain Momentum

Initially introduced as the IPFS incentive layer in 2014, the project has evolved to become Filecoin. The largest decentralized storage system and open source protocol, Filecoin, is currently seeing a little downward trend on its weekly chart.

When looking at the daily chart, the price of Filecoin is currently trading around $3.34 and has a modest consolidated momentum. Near the $3.5 resistance, the upward momentum of the FIL token ended forcing the Filecoin price back into bearish territory.

In the meantime, the asset price is supported at the $3.00 level. The 50 and 100-day Moving averages are being traded lower by the Filecoin price. And an upward trend can be observed in the future if the price surges above the DMA. FIL’s RSI is close to 27, which is an oversold area, hinting at a possible trend reversal.

Signs of Comeback for Fantom (FTM) Fades

The smart contract platform with an edge in scalability and speed, the Fantom crypto has seen a rise in adoption. However, the short-term Fantom price prediction remains bearish following its recent drop under the $0.2500 level.

According to chart analysis drawn from Tradingview shows that the Fantom price is in the bears’ grip, and a pullback recovery will face difficulty holding the higher levels.Being below both the 50-day and 200-day EMAs highlights the bearish trend of the Fantom coin.

The Fantom price could stay in the bearish territory unless bulls protect the $0.200 support level. If the buyers can overcome the obstacle, though, we might have additional upward momentum.

Pomerdoge (POMD) Presale Attracts Investors

Pomerdoge, a market leader, stands out as a top performer amid the bearish trend hitting the crypto space. Due to its ability to endure the current unfavorable trend, Pomerdoge is currently one of the favorites among investors.

Don’t forget our latest competition is running on telegram where we are giving away $5,000 each in POMD tokens to 3 lucky users

Join the link below and see what the #pomercrew are doing to be in with a chance of winning!https://t.co/B9zhnIQa6C pic.twitter.com/nw1DHvoSBC

— Pomerdoge (@pomerdoge) August 27, 2023

The project has been gaining the attention of investors as it offers great earning opportunities. In addition to the rewards in the game, the Pomerdoge tokens can be staked at a fixed APR of 10%. VIP holders will be able to earn 15% on all staked POMD tokens.

In addition, the project will launch a collection of 7,777 NFTs scheduled for publication in August and September. Each NFT will cost 0.2 ETH further increasing the profitability of the platform. However, only individuals who hold the POMD tokens can purchase the NFT.

Being a new P2P game that is fun to play and offers great earning potential, Pomerdoge is quickly emerging as one of the hottest cryptos. Its utility token, POMD is in presale and trades at $0.009, with a price forecast of $0.15 before the end of 2023.

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

Website: https://pomerdoge.com/

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

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Filed under: Bitcoin - @ August 28, 2023 9:04 am