$FTM Fantom (FTM) Analysis – October 29, 2024
As of today, Fantom (FTM) is exhibiting a bullish sentiment. With recent developments in its ecosystem, including partnerships and increased use cases, the price has shown resilience despite market fluctuations. Analysts believe that FTM could benefit from the growing interest in decentralized finance (DeFi) and blockchain applications.
**Current Price:** $0.7122
**Target Price for October 30, 2024:** $0.75
**Sell Price Recommendation:** $0.73
Investors should keep an eye on market trends and FTM's performance in the coming days. A breakout above the $0.75 level could signal further bullish momentum, while support at $0.70 remains critical for downside protection.