FTM Price Rises as Whales Accumulate

FTM’s price rally is driven by strong momentum, with the ADX reaching 35.6, confirming a decisive uptrend.

The number of large FTM holders has increased from 69 to 79, indicating growing interest from influential investors.

If the bullish momentum continues, FTM could test resistance at $1.50, indicating a potential gain of 15% from current levels.

FTM (FTM) is attracting significant attention as one of the biggest gainers on the day, with its value up 133.04% over the past 30 days. This impressive growth supports an uptrend, with the ADX rising sharply to 35.6, indicating strong momentum behind the uptrend.

Whales are accumulating, with the number of large holders increasing from 69 to 79 since November 25, showing growing confidence in FTM’s potential.

Current trend for Phantom is strong

The ADX for Phantom has risen to 35.6, up from 28 the day before, indicating an uptrend in the market. The rise suggests that the momentum behind FTM’s price action is growing, and the trend is becoming more stable.

This upward move in ADX reflects increased market participation and conviction, reinforcing the idea that FTM is in a critical phase of trend activity, likely to be bullish based on recent price action.