Fantom (FTM) has experienced a significant downturn, losing 5.09% against the US Dollar in the past 24 hours. The cryptocurrency also underperformed against Bitcoin (BTC) and Ethereum (ETH), with declines of 4.59% and 5.54%, respectively. Despite a bullish sentiment and a Fear & Greed index reading of 39 (Fear), the market outlook remains pessimistic.

FTM is currently trading at $0.630085, which is 19.55% below the predicted price of $0.783213 for October 15, 2024. The coin has shown high volatility, with a 1-month volatility rate of 11.81%. Key support levels are at $0.646800, $0.630726, and $0.598580, while resistance levels are at $0.695020, $0.727166, and $0.743240.

While Fantom has gained 26.82% in the last month and 247.61% over the past year, the current market conditions suggest caution. The cryptocurrency market's unpredictable nature and high volatility make it difficult to rely on short-term predictions. Investors should remain vigilant and consider the broader market trends and regulatory developments affecting the blockchain industry.