Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
Fantom is down -3.92% today against the US Dollar
FTM/BTC decreased by -4.15% today
FTM/ETH decreased by -4.04% today
Fantom is currently trading 16.49% below our prediction on Nov 06, 2024
Fantom dropped -2.34% in the last month and is up 170.98% since 1 year ago
Fantom price $ 0.639272 Fantom prediction $ 0.765536 (20.15%) Sentiment Bearish Fear & Greed index 69 (Greed) Key support levels $ 0.634836, $ 0.614647, $ 0.584634 Key resistance levels $ 0.685038, $ 0.715050, $ 0.735239
FTM price is expected to rise by 20.15% in the next 5 days according to our Fantom price prediction
Fantom price today is trading at $ 0.639272 after losing -3.92% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -1.63% in the same time period. FTM performed poorly against BTC today and recorded a -4.15% loss against the world’s largest cryptocurrency.
According to our Fantom price prediction, FTM is expected to reach a price of $ 0.765536 by Nov 06, 2024. This would represent a 20.15% price increase for FTM in the next 5 days.
FTM Price Prediction Chart
Buy/Sell Fantom
What has been going on with Fantom in the last 30 days
Fantom has been displaying a negative trend recently, as the coin lost -2.34% in the last 30-days. The medium-term trend for Fantom has been bullish, with FTM increasing by 76.85% in the last 3 months. The long-term picture for Fantom has been positive, as FTM is currently displaying a 170.98% 1-year price change. On this day last year, FTM was trading at $ 0.235914.
Fantom reached its all-time high price on Oct 28, 2021, when the price of FTM peaked at $ 3.47. The current FTM cycle high is $ 1.22, while the cycle low is at $ 0.164761. FTM has been displaying low volatility recently – the 1-month volatility of the coin is at 5.53. Fantom recorded 15 green days in the last 30 days.
Fantom technical analysis for today - Nov 02, 2024
The sentiment in the Fantom markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.634836, $ 0.614647 and $ 0.584634, while $ 0.685038, $ 0.715050 and $ 0.735239 are the key resistance levels.
Bearish sentiment for Fantom
14 indicators are currently signaling a bullish prediction for Fantom, while 15 indicators are showing a bearish forecast. With 52% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Fantom.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 69 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Fantom moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Fantom is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.708294 (SELL) $ 0.707551 (SELL) - - MA5 $ 0.699340 (SELL) $ 0.712063 (SELL) - - MA10 $ 0.674276 (SELL) $ 0.706047 (SELL) - - MA21 $ 0.700792 (SELL) $ 0.682638 (SELL) $ 0.463086 (BUY) $ 0.591225 (BUY) MA50 $ 0.651570 (SELL) $ 0.618795 (BUY) $ 0.637601 (BUY) $ 0.550669 (BUY) MA100 $ 0.531074 (BUY) $ 0.578810 (BUY) $ 0.480737 (BUY) $ 0.526567 (BUY) MA200 $ 0.600304 (BUY) $ 0.565427 (BUY) $ 0.263807 (BUY) $ 0.309104 (BUY)
Period Value Action RSI (14) 45.90 NEUTRAL Stoch RSI (14) 0.00 BUY Stochastic Fast (14) 26.98 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 17.52 NEUTRAL Awesome Oscillator (5, 34) 0.00 NEUTRAL Momentum (10) -0.08 NEUTRAL MACD (12, 26) -0.01 NEUTRAL Williams Percent Range (14) -73.02 NEUTRAL Ultimate Oscillator (7, 14, 28) 48.24 NEUTRAL VWMA (10) 0.68 SELL Hull Moving Average (9) 0.70 SELL Ichimoku Cloud B/L (9, 26, 52, 26) 0.70 NEUTRAL
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Fantom is at 45.90, suggesting that FTM is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Fantom over the last 50 days. Currently, Fantom is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the FTM closing price for the last 200 days. FTM is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Fantom prediction
After considering the above factors, we can conclude that the current forecast for Fantom price prediction is Bearish. FTM would have to increase by 20.15% to hit our $ 0.765536 target within the next five days. Moving forward, it will be important to monitor the FTM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Fantom price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
