VORTECS™ Spotlight: Fantom’s 500%+ rally was signalled by this key trading metric

Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s (BTC) midweek swoon that halted many altcoin rallies. Despite Bitcoin’s price dropping below $43,000, FTM has added 114% in U.S. dollar terms and 127% in its BTC pair over the last seven days.

FTM’s monthly stats look even more impressive, with nearly 500% growth against both benchmarks. While it is par for the course for altcoins to rally when consolidates, FTM’s price movement is completely asymmetrical to most of its peers.

FTM price vs. VORTECS™ Score. Source: Cointelegraph Markets Pro