【Analyst Analysis FTM Price, Optimistic About a 18,000% Increase to $150 Next Year】
According to technical analysis from TradingView, the price of Fantom (FTM) could skyrocket 18,000% before 2025, reaching $150. This aggressive prediction is based on its historical price trends and technical pattern analysis.
Technical analysis shows that the price of Fantom has retraced 70% from its historical high of $3.46 in 2021, but has recently broken through resistance levels, with market momentum turning bullish. In the 10-day Fantom/TetherUS chart, RSI and price have simultaneously broken through, indicating a transition into a bullish reversal phase.
The core of the analysis is the "bull flag pattern" in Fantom's long-term trend. In 2021, the price of Fantom soared from $0.015 to $3.46, an increase of thousands of times. If the bull flag pattern reappears, Fantom is expected to achieve another 18,000% increase, possibly reaching $150.
However, the analysis warns that the upward process may be accompanied by corrections of up to 80%. Convergence indicators in the technical chart further support this prediction, with $3 being seen as the first major resistance level; breaking through this area will validate the bullish trend.
As of now, Fantom is quoted at $1.03, with a trading range over the past 7 days between $1.29 and $0.987, and has risen over 61% in the past 30 days. Analysts point out that achieving an 18,000% increase will require capital inflow far exceeding the scale of 2021.
Overall, while this prediction is highly challenging, Fantom may stand out during bull markets and altcoin seasons, with its long-term price growth still worth looking forward to.