$FTM As of December 22, 2024, Fantom (FTM) is trading at approximately $0.9942, reflecting a slight decrease of about 1.57% from the previous close.

Recently, FTM reached a yearly high of $1.47 on December 16, 2024, but subsequently declined by 8% to $1.36, indicating potential resistance and the formation of a rising wedge pattern, which may suggest a short-term correction.

Key support levels to monitor include $1.24, with further potential downside targets at $1.09, $0.98, and $0.86, corresponding to various Fibonacci retracement levels.

The Relative Strength Index (RSI) is near overbought territory, indicating that bullish momentum may be waning.

For a bullish continuation, FTM would need to break above the recent peak of $1.48.

Conversely, a breakdown below the $1.24 support could lead to further declines toward the lower support levels mentioned.

Please note that cryptocurrency markets are highly volatile, and it's essential to conduct thorough research and consider your risk tolerance before making any investment decisions. $FTM