The Ampleforth Governance Token
$FORTH serves as the governance mechanism for the Ampleforth protocol, which manages the elastic supply currency, $AMPL. As of January 2026,
$FORTH has shown signs of a technical recovery after a period of consolidation.
Short Analysis
Protocol Utility: FORTH holders have the power to vote on protocol changes, including the development of the "SPOT" protocol, which aims to create a decentralized flatcoin using AMPL as a base.
Recent Trends: In early January 2026, the token broke out of its December range ($1.45 - $1.60), reaching local highs near $1.91. This was supported by neutral-to-bullish RSI levels and positive momentum from ecosystem upgrades like SPOT v5.
Market Dynamics: While technical indicators (Moving Averages) have recently flashed "Buy" signals, the token faces liquidity challenges. The removal from certain major exchanges like OKX in late 2025 has led to thinner order books, making it susceptible to higher volatility during market swings.
Outlook: Stability above the $1.73 support level is seen as critical for a continued push toward the $2.00 psychological barrier.
FORTH Candlestick Chart (Dec 2025 – Jan 2026)
The following chart illustrates the price movement of FORTH leading into late January 2026, highlighting the upward trend from the December lows.
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