Web Analytics
Cryptopolitan
2024-12-30 12:09:21

Fantom price prediction 2024-2030: Will FTM recapture its ATH?

Key takeaways The average Fantom price prediction in 2025 is $2.98. Holders can anticipate a maximum price of $5.78 in 2028. By 2030, FTM might touch $9.32. Fantom (FTM) is a high-performance blockchain platform designed for decentralized applications (dApps) and smart contracts. Launched in June 2018 by Dr. Ahn Byung Ik and Matthew Hur, Fantom employs a unique consensus mechanism called Lachesis, which utilizes asynchronous Byzantine fault tolerance (aBFT) to achieve rapid transaction processing speeds of up to 300,000 transactions per second while maintaining security and decentralization. The platform operates on the Fantom Opera blockchain, which is Ethereum Virtual Machine (EVM)-compatible, allowing it to run existing Ethereum smart contracts and develop new ones. This interoperability is enhanced by Fantom’s modular architecture, where each dApp can operate on its own blockchain network, ensuring that performance is not affected by congestion in other areas of the network. Fantom’s native token, FTM, serves multiple purposes, including transaction fees, staking for network security, and governance rights within the ecosystem. The platform is recognized for its scalability, low transaction costs, and energy efficiency, making it an attractive option for developers looking to build decentralized finance (DeFi) applications. Overview Cryptocurrency Fantom Token FTM Price $0.9766 Market Cap $2.73B Trading Volume $391.57M Circulating Supply 2.8B FTM All-time High $3.48 on Oct 28, 2021 All-time Low $0.001953 on March 13, 2020 24-h High $0.8122 24-h Low $0.7695 Fantom price prediction: Technical analysis Volatility 14.47% 50-Day SMA $ 0.997034 14-Day RSI 34.13 Green Day 13/30 (43%) Sentiment Bearish Fear & Greed Index 73 ( Greed) 200-Day SMA $ 0.670889 Fantom price analysis TL;DR Breakdown: FTM price analysis confirmed a bearish trend Fantom is facing resistance at $1.5 and support at $0.9 Fantom price analysis 1-day chart FTM/USD 1-Day Chart On December 30, the chart provided is for Fantom (FTM) on the 1-day timeframe. Currently, Fantom is trading at $0.7830, below the 20-SMA at $1.0632, indicating a bearish trend. Resistance is at $1.4693 (upper Bollinger Band), while support lies near $0.6570 (lower Bollinger Band). The RSI at 42.05 suggests weak buying momentum and is approaching the oversold territory. The price decline reflects continued bearish pressure, with the potential for further downside if the $0.6570 support is breached. However, a recovery above the 20-SMA at $1.0632 could signal a short-term bullish reversal. Volatility remains elevated, requiring cautious trading. FTM/USD technical analysis 4-hour chart FTM/USD 4-hour Chart The chart provided is for Fantom (FTM) on the 4-hour timeframe. Currently, Fantom trades at $0.7855, slightly below the 20-SMA at $0.8126, indicating a bearish bias. Resistance is observed at $0.8810 (upper Bollinger Band), while support lies at $0.7442 (lower Bollinger Band). The Balance of Power (BoP) at -0.04 suggests moderate bearish pressure. The MACD shows weak momentum, with the MACD line at -0.0374 below the signal line at -0.0419, confirming continued selling pressure. A breakout above $0.8126 could signal recovery, while a decline below $0.7442 may lead to further bearish continuation. Volatility appears moderate. Fantom technical indicators: Levels and action Daily simple moving average (SMA) Period Value Action SMA 3 $ 1.09266 SELL SMA 5 $ 1.022601 SELL SMA 10 $ 0.972153 SELL SMA 21 $ 1.093288 SELL SMA 50 $ 0.997034 SELL SMA 100 $ 0.835437 SELL SMA 200 $ 0.670889 BUY Daily exponential moving average (EMA) Period Value Action EMA 3 $ 1.07344 SELL EMA 5 $ 1.141225 SELL EMA 10 $ 1.194329 SELL EMA 21 $ 1.168017 SELL EMA 50 $ 1.019055 SELL EMA 100 $ 0.866404 BUY EMA 200 $ 0.740206 BUY What can you expect from the FTM price analysis next? Based on the 1-day and 4-hour Fantom (FTM) charts, the outlook remains bearish with weak momentum. On the daily chart, FTM trades at $0.7814, below the 20-SMA at $1.0631, with resistance at $1.4694 and support at $0.6567. The RSI near 42 suggests weak buying pressure and potential for further declines. On the 4-hour chart, FTM hovers at $0.7855, below the 20-SMA at $0.8126, with resistance at $0.8810 and support at $0.7442. The MACD and Balance of Power indicate continued bearish sentiment. A drop below $0.7442 could trigger further downside, while a recovery above $0.8126 might signal stabilization. Is Fantom a good investment? Fantom is a high-speed, scalable blockchain platform gaining attention as an alternative to networks like Ethereum. Based on our analysis, we are optimistic about its growth, projecting a price of $2.71–$3.27 by 2025 and $8.51–$9.32 by 2030. Despite its potential, investing in Fantom involves risks typical of cryptocurrencies, including market volatility. Own research and an assessment of personal risk tolerance are essential steps for anyone considering Fantom as a potential investment opportunity Will Fantom reach $5? Fantom (FTM) could potentially reach $5 by 2027, with price predictions suggesting a high of $5.78. However, achieving this depends on market conditions and overall blockchain adoption trends. Will Fantom reach $10? Based on our technical analysis, Fantom (FTM) can approach double-digit prices within the next 6 years. Notably, Fantom reached its all-time high of $3.48 in late October 2021. Our recent Fantom predictions suggest that by 2030, Fantom could attain a price of $9.32. Is Fantom a safe network? As of October 2023, Fantom is regarded as a secure blockchain platform that utilizes its unique Lachesis consensus mechanism for high-speed and scalable transactions. However, as with any blockchain network, users should exercise caution, use official channels, and follow best security practices to protect their assets. Does Fantom have a good long-term future? Fantom (FTM) shows potential for a strong long-term future, with price predictions suggesting significant growth by 2030 and beyond. Analysts forecast prices could reach between $8.51 and $9.32, driven by its unique blockchain technology and increasing adoption in decentralized applications. However, market volatility remains a concern. Recent news/opinion on Fantom @VicunaFinance shines as Sonic Labs’ Emerald Tier Boom Winner, revolutionizing leveraged lending on Fantom. The future of lending is on #Sonic . @VicunaFinance is an advanced lending protocol that pioneers automated strategies for leveraged concentrated liquidity. 🥇 Boom Winner | Emerald Tier pic.twitter.com/l0JRwuVMSX — Sonic Labs (@SonicLabs) November 12, 2024 Fantom annonced that @Gravity_Finance rises to Emerald Tier on Sonic Labs, offering Fantom investors effortless, customizable strategies with strong profit and risk protection. Looking for effortless investing? @Gravity_Finance offers customizable, 1-click investment strategies with profit maximization and liquidation protection. 🥇 Boom Winner | Emerald Tier pic.twitter.com/pCjxkCtwCu — Sonic Labs (@SonicLabs) November 11, 2024 Fantom price prediction December 2024 The Fantom price is likely to remain stable throughout December. It is currently trading at $1.26, which is speculated to be the average monthly price. Period Potential Low ($) Average Price ($) Potential High ($) Fantom price prediction December 2024 $1.26 $1.26 $1.26 Fantom price prediction 2024 By 2024, Fantom’s average market price is expected to be $2.67, with a potential low of $1.13 and a potential high of $2.77. Period Potential Low ($) Average Price ($) Potential High ($) Fantom Price Prediction 2024 $1.13 $2.67 $2.77 Fantom price forecast 2025 – 2030 Year Potential Low ($) Average Price ($) Potential High ($) 2025 $2.71 $2.98 $3.27 2026 $3.71 $4.36 $4.55 2027 $4.82 $5.40 $5.78 2028 $4.82 $5.40 $5.78 2029 $5.99 $6.43 $6.80 2030 $8.51 $9.08 $9.32 Fantom Price Prediction 2025 Fantom network is expected to continue its upward trend in 2025, potentially reaching an all-time high of $3.27. However, there could be fluctuations, and the FTM coin price might dip to $2.71, with an average price of around $2.98. Fantom price prediction 2026 In 2026, Fantom market price is expected to peak at $4.55. However, it might fall to $3.71, with an average of $4.36. Fantom price prediction 2027 The Fantom forecast for 2027 speculates that the price might hit a new all-time high of $5.78 by 2027. On the lower end, corrections may pull the price to $4.82, with an expected average trading price of around $5.40. Fantom Price Prediction 2028 In 2028, Fantom’s market price might stabilize at $5.78 while maintaining the same average trading price of around $5.40 and minimum price of around $4.82, the same as in 2027. Fantom price prediction 2029 Fantom is expected to reach a maximum of $6.80 by 2029. However, it could fall to $5.99, with an average price of $6.43. Fantom Price Prediction 2030 In 2030, Fantom is projected to hit a high of $9.32. In the event of a price correction, it could drop to $8.51, with an average of $9.08. FTM price prediction 2025-2030 Fantom market price prediction: Analysts’ FTM price forecast Firm Name 2024 2025 Coincodex $1.559 $3.26 Binance $1.013 $ 1.064 Cryptopolitan’s Fantom (FTM) price prediction At Cryptopolitan, we predict Fantom (FTM) to reach $2.77 by the end of 2024, averaging $2.67. By 2026, FTM could hit $4.55 due to increasing adoption, strong developer support, and favorable market conditions. Fantom (FTM) historic price sentiment FTM price history. Image source: Coinmarketcap Fantom (FTM) launched its mainnet in December, with initial trading prices mostly below $0.02 in 2019. FTM experienced gradual growth, staying under $0.05 for most of 2020 but reaching around $0.017 to $0.02 by December due to growing DeFi interest. Prices surged from $0.02 in January 2021 to $3.48 by October, driven by DeFi adoption and positive market sentiment. The year ended with a correction to around $2.30. In 2022, FTM faced significant fluctuations due to macroeconomic factors, with prices dipping below $0.50 mid-year. Despite recovery attempts, bearish trends dominated. Early volatility in 2023 saw prices around $0.40, recovering to $0.55 mid-year before settling between $0.45 and $0.50 by year-end. In early 2024, FTM surged from around $0.31 in January to above $1.00 by March, driven by strong bullish momentum and increased trading volumes. After peaking in March, the price corrected, dropping to lower highs and lows by April. Following the correction, FTM found support around $0.60 in May and entered a consolidation phase between $0.50 and $0.80 in June. Despite volatility and tests of the $0.50 support, it held firm. Fantom declined a bit in August, reaching low levels. Fantom reached $0.42 by Aug 28. Currently, in September, FTM traders around $0.4208 On October 02, the price of FTM reached $0.6511 with $365.52M 24-hour trading volume. On November 3, Fantom (FTM) experienced a price drop to $0.60. By December 4, Fantom rise to $1.2164, accompanied by a substantial trading volume of $820.76 million, indicating a significant rebound in market activity

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.