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The Fantom price prediction shows that FTM is exhibiting strong bullish momentum fueled by key ecosystem developments, robust technical structure, and increasing trading volume.
Fantom Prediction Statistics Data:
- Fantom price now – $1.25
- Fantom market cap – $3.51 billion
- Fantom circulating supply – 2.8 billion
- Fantom total supply – 3.17 billion
- Fantom Coinmarketcap ranking – #49
Fantom (FTM) demonstrates the massive potential of early investment in crypto, surging an incredible 62,186.37% from its all-time low of $0.001953 on March 13, 2020, to current prices ranging between $1.19 and $1.29. Though down 65.06% from its all-time high of $3.48 on October 28, 2021, FTM remains a standout performer, showcasing remarkable growth and resilience over the years. This impressive journey highlights the rewards of identifying promising projects early in their lifecycle.
FTM/USD Market
Key Levels:
Resistance levels: $1.55, 1.60, $1.65
Support levels: $0.95, $0.90, $0.85
FTM/USD is demonstrating robust bullish momentum, underscored by its recent breakout above the $1.25 resistance level. This movement signifies a significant shift in market sentiment, driven by renewed interest in the blockchain ecosystem. Following the breakout, Fantom has maintained a positive structure, bolstered by strong trading volume and heightened investor activity. A retest of the $1.15 – $1.20 level confirmed its status as a new support zone, suggesting the potential for continued upward momentum in the short to medium term.
Fantom Price Prediction: Is Fantom Ready for More Upsides?
From a technical standpoint, Fantom’s ability to sustain levels above $1.25 signals robust market confidence. The next key resistance is projected at $1.40, a critical psychological and technical level. A breakout above this threshold could propel Fantom toward the potential resistance levels of $1.55, $1.60, and $1.65 before hitting another significant resistance level. However, traders should remain vigilant for potential retracements, particularly if external market conditions exert downward pressure.
On the other hand, any bearish movement below the moving averages may touch the critical supports at $0.95, $0.90, and $0.85. Meanwhile, looking at the daily chart, Fantom may continue to follow an upward trend as the 9-day moving average remains above the 21-day moving average, suggesting that the market may create additional bullish trends.
FTM/BTC Remains Bullish
Against Bitcoin, the Fantom price may cross above the upper boundary of the channel to hit the resistance level of 1500 SAT. Therefore, unless this resistance effectively holds and the price ends up closing above it, there might not be any reason to expect a bearish movement.
Meanwhile, if the coin decides to follow the bearish movement, it could refresh lows under 1100 SAT. Therefore, a possible bearish continuation may meet the major support at 1000 SAT and below. Therefore, if the coin crosses and stays above the channel, it could touch the potential resistance at 1600 SAT and above.
Crypto analyst @AMCryptoAlex, with a following of over 12k on X (formerly Twitter), highlights a round bottom pattern forming for $FTM. A daily close above $1.25 could propel FTM to $2 rapidly. With the highly anticipated Sonic upgrade and a massive airdrop on the horizon, $FTM is a project worth keeping a close watch on.
$FTM round bottom pattern
A daily close above $1.25 and FTM will reach $2 in no time.
With Sonic upgrade incoming along with a massive airdrop, keep an eye on FTM. pic.twitter.com/OK7x2Le6mq— AMCrypto (@AMCryptoAlex) December 3, 2024
Fantom Alternatives
At the time of writing, the Fantom price is making a notable move, exchanging hands at $1.25. A bullish crossover above the 9-day moving average underscores this positive momentum. In the next positive move, Fantom is likely to cross above the channel’s upper boundary, where it could face increased resistance in its upward trajectory. Meanwhile, Pepe Unchained is a promising new entrant in the meme coin market, which has grown to a staggering $120 billion valuation. Priced at $0.0129 during its presale, this ERC-20 token has raised over $70 million, signaling strong investor confidence.
PEPE UNCHAINED NEXT 10X Potential MEME COIN
With an impressive $71 million raised in its presale, anti-rug security, zero inflation, and no transaction taxes, this project is designed for both safety and growth. Its features include a decentralized exchange, staking rewards of 54% annually, and developer grants to expand its ecosystem, making it more than just a meme – it’s a solid investment opportunity. Don’t miss your chance to get in early on a project with the potential for 10x or higher returns — invest in Pepe Unchained today.
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