Fantom (FTM) is, as of writin,g priced at $1.218479, with market indicators reflecting a blend of neutral sentiment and high investor interest, further encouraged by BTC’s current snapshot. The Fear & Greed Index signals Extreme Greed with a score of 83, suggesting strong market enthusiasm. Meanwhile, Fantom has shown a 23.30% volatility over the past 30 days, with 18 out of 30 days (60%) ending in the green.
Source: Coinmarketcap
The crypto’s 50-day Simple Moving Average (SMA) is $0.856803, while the 200-day SMA stands at $0.630494, both manifesting an upward drive. The 14-day Relative Strength Index (RSI) is currently at 62.32, exposing a neutral position rather than an overbought or oversold market.
Closer Forecast (December 2024)
Fantom is expected to bounce between $1.229722 and $1.56527 by the end of this year, with a middle price of $1.347281 anticipated. Should this prediction hold, investors may enjoy a potential return of 29.13%.
The highest projected price of $1.56527 on December 17 would represent a 29.13% growth from the current price. This follows a 7.14% bottom over the last week, showcasing the cryptocurrency’s inherent volatility.
2025 Price Throw
In 2025, Fantom is foreseen to trade within a price range of $0.988195 to $4.24, with a centre price of approximately $2.13. November is projected to be the most bullish month, potentially seeing gains of 250.12% compared to today’s value. This positive vibe aligns with the growing bullish sentiment surrounding Fantom.
Mid-Term Projections: 2026-2028
The price trajectory for 2026 remains bullish, with Fantom expected to reach a high of $2.93 in January. However, October might see a lower boundary of $0.992097, with an average price of $1.351042 for the year.
By 2027, a slight downtrend could emerge, with the average price estimated at $1.170718, a 3.43% decrease from the current value. Fantom’s projected price range for the year is $0.997927 to $1.450186, offering potential returns of 19.63% for savvy investors.
As the market turns bullish again in 2028, Fantom could experience significant growth. The cryptocurrency is expected to average $1.557632, with prices fluctuating between $1.136252 and $2.77. This upward momentum indicates strong investor confidence.
Long-Term Forecast: 2029–2030
By 2029, Fantom might see exponential growth, with prices predicted to range from $1.830253 to $7.16. This forecast suggests an incredible potential return on investment of 490.22%, reflecting a highly bullish outlook.
Come 2030, FTM could eye a mad high of $5.01 in January. Prices might hover around middle of $2.41 throughout the year, noting a 99.19% upswing from today’s levels. Despite potential lows of $1.836635, the long-term trend suggests sustained growth.
Technical Indicators and Market Sentiment
Technical analysis reveals 20 bullish signals against 9 bearish ones, reinforcing a largely positive sentiment for Fantom’s trajectory. The 200-day SMA is expected to climb to $0.723838 by January 12, 2025, while the 50-day SMA is estimated to reach $1.229319 during the same period.
The Relative Strength Index (RSI) at 62.32 underscores a neutral market position, suggesting neither overbought nor oversold conditions, which might appeal to cautious investors.
Key Price Levels and Correlations
Fantom’s current pivot point (P1) is calculated at $1.260248, with support levels at $1.197771, $1.160724, and a stronger base at $1.098247. On the upside, resistance levels are positioned at $1.297295, $1.359772, and $1.396819.
Over the past week, FTM’s price showed positive correlations with cryptocurrencies like Aptos (APT), Cardano (ADA), and Polygon (MATIC) while flashing negative correlations with tokens such as Pepe Coin (PEPE) and Aave (AAVE).
FAQs
1. What is the current price of Fantom (FTM), and how volatile is it?
The current price of Fantom (FTM) is $1.218479, and it has shown a volatility rate of 23.30% over the past 30 days.
2. What is the highest price Fantom is predicted to reach by December 2024?
Fantom is expected to reach a high of $1.56527 on December 17, 2024, representing a 29.13% growth compared to today’s price.
3. What are Fantom’s projected price levels in 2029?
In 2029, Fantom’s price is forecasted to fluctuate between $1.830253 and $7.16, offering a potential return of 490.22% for investors.
The post Fantom (FTM) Price Prediction, 2024, 2025-2030: Fantom (FTM) Price Set to Soar by 490%—Are You Ready for 2029 Gains? appeared first on Coinfomania.
