FORM Cryptocurrency Surges Above $2.90 Support as Bulls Take Control

The cryptocurrency FORM has experienced a remarkable surge in price, breaking past the $2.30 level and reaching new heights. The asset’s bullish momentum is evident through its breakout from an ascending channel on the daily chart, supported by sustained RSI readings and a strong MACD signal. 📈 📈 📊 This price action marks a significant shift after FORM consolidated below the $2.30 level throughout much of April. Notably, it entered a clear breakout zone in early April before finally breaking out on May 13th, 2025, and trading within its ascending channel since then. The price has continued to climb upwards, fueled by increased trading volume and market cap reaching $1.05 billion as well.