Tue, March 19

Fantom (FTM) Price Prediction 2024, 2025, 2026-2030

Fantom (FTM) Crypto Price Prediction
  • Bullish FTM price prediction for 2024 is $1.0216 to $1.7272.
  • Fantom (FTM) price might reach $3 soon.
  • Bearish FTM price prediction for 2024 is $0.3243.

In this Fantom (FTM) price prediction for 2024, 2025-2030,  we will analyze the price patterns of FTM by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency

TABLE OF CONTENTS
INTRODUCTION
  • Fantom (FTM) Current Market Status
  • What is Fantom (FTM)?
  • Fantom (FTM) 24H Technicals
FANTOM (FTM) PRICE PREDICTION 2024
  • Fantom (FTM) Support and Resistance Levels
  • Fantom (FTM) Price Prediction 2024 — RVOL, MA, and RSI
  • Fantom (FTM) Price Prediction 2024 — ADX, RVI
  • Comparison of FTM with BTC, ETH
FANTOM (FTM) PRICE PREDICTION 2025, 2026-2030
CONCLUSION
FAQ

Fantom (FTM) Current Market Status

Current Price $0.6711
24 – Hour Price Change 28.31% Up
24 – Hour Trading Volume $745,746,352
Market Cap $1,878,347,599
Circulating Supply 2,803,634,836 FTM
All – Time High $3.48 (On Oct 28, 2021)  
All – Time Low $0.001953 (On Mar 13, 2020)  
FTM Current Market Status (Source: CoinMarketCap)

What is Fantom (FTM)

TICKERFTM
BLOCKCHAINFantom
CATEGORYDecentralized Layer-1 Blockchain
LAUNCHED ONDecember 2019
UTILITIESGovernance, Fast Transactions, gas fees & rewards

Fantom (FTM) is the native cryptocurrency of the Fantom blockchain. It exists both as an ERC-20 token and a BEP-20 token confirming that it is compatible with both Ethereum and Binance Smart Chain (BSC) blockchains.

Fantom is a layer-1 EVM-compatible smart contract-based blockchain that was launched in 2019. The blockchain operates on a specialized proof-of-stake (PoS) consensus protocol called Lachesis. Lachesis is an asynchronous Byzantine Fault Tolerant (aBFT) PoS protocol that is based on a directed acyclic graph (DAG) algorithm.

Fantom 24H Technicals

(Source: TradingView)

Fantom (FTM) Price Prediction 2024

Fantom (FTM) ranks 56th on CoinMarketCap in terms of its market capitalization. The overview of the Fantom price prediction for 2024 is explained below with a daily time frame.

FTM/USDT Inverted Head and Shoulder Pattern (Source: TradingView)

In the above chart, Celestia (TIA) laid out an inverted head & shoulder pattern. The inverted head and shoulders pattern is used as an indicator. This pattern is related to the reversal of the downward trend in prices. This is one of the most common signs of reversal. When the price drops, it will hit a bottom (trough), and then start to recover and rise. Market resistance pushed it back to another trough.

The price fell to the point where the market could not maintain a lower price, and the price began to rise again. Again, market resistance pushed prices down, and prices fell for the last time. If the market cannot support the lower price, the previous low will not be made. This will trigger a higher low before the price rises again. This movement produces three valleys or troughs called the left shoulder, the head, and the right shoulder.

At the time of analysis, the price of Fantom (FTM) was recorded at $0.6711. If the pattern trend continues, then the price of FTM might reach the resistance levels of $0.7493, and $2.8968. If the trend reverses, then the price of FTM may fall to the support of $0.3169.

Fantom (FTM) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Fantom (FTM) in 2024.

FTM/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Fantom (FTM) for 2024.

Resistance Level 1$1.0216
Resistance Level 2$1.7272
Support Level 1$0.5444
Support Level 2$0.3243

FTM Resistance & Support Levels

Fantom (FTM) Price Prediction 2024 — RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (FTM) are shown in the chart below.

FTM/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Fantom (FTM) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.4091Price = $0.6744
(50MA< Price)
Bullish/ Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions79.4781
<30 = Oversold
50-70 = Neutral>70 = Overbought
Neutral
Relative Volume (RVOL)Asset’s trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

Fantom (FTM) Price Prediction 2024 — ADX, RVI

In the below chart, we analyze the strength and volatility of Fantom (FTM) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).

FTM/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Fantom (FTM).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum30.0473Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period54.52

<50 = Low
>50 = High
High volatility

Comparison of FTM with BTC, ETH

Let us now compare the price movements of Fantom (FTM) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs FTM Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of FTM is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of FTM also increases or decreases respectively.

Fantom (FTM) Price Prediction 2025, 2026 – 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Fantom (FTM) between 2025, 2026, 2027, 2028, 2029, and 2030.

Year Bullish Price Bearish Price
Fantom (FTM) Price Prediction 2025$3.2$0.3
Fantom (FTM) Price Prediction 2026$3.5$0.25
Fantom (FTM) Price Prediction 2027$3.8$0.2
Fantom (FTM) Price Prediction 2028$4.3$0.15
Fantom (FTM) Price Prediction 2029$4.7$0.1
Fantom (FTM) Price Prediction 2030$5$0.5

Conclusion

If Fantom (FTM) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Fantom (FTM) price prediction for 2024 is $1.7272. Comparatively, if unfavorable sentiment is triggered, the bearish Fantom (FTM) price prediction for 2024 is $0.3243.

If the market momentum and investors’ sentiment positively elevates, then Fantom (FTM) might hit $3. Furthermore, with future upgrades and advancements in the Fantom ecosystem, FTM might surpass its current all-time high (ATH) of $3.48. and mark its new ATH. 

FAQ

1. What is Fantom (FTM)?

Fantom (FTM) is the native cryptocurrency of the Fantom blockchain. Fantom is a layer-1 (L1), EVM-compatible smart contract-based blockchain. It exists both as an ERC-20 and a BEP-20 token. The blockchain operates based on a directed acyclic graph (DAG) algorithm.

2. Where can you purchase Fantom (FTM)?

Fantom (FTM) has been listed on many crypto exchanges which include Binance, OKX, Bybit, DigiFinex, and UEEx.

3. Will Fantom (FTM) reach a new ATH soon?

With the ongoing developments and upgrades within the Fantom Platform, FTM has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Fantom (FTM)?

On Oct 28, 2021, Fantom (FTM) reached its new all-time high (ATH) of $3.48.

5. What is the lowest price of Fantom (FTM)?

According to CoinMarketCap, FTM hit its all-time low (ATL) of $0.001953, on Mar 13, 2020.

6. Will Fantom (FTM) reach $3?

If Fantom (FTM) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $3 soon.

7. What will be Fantom (FTM) price by 2025?

Fantom (FTM) price is expected to reach $3.2 by 2025.

8. What will be Fantom (FTM) price by 2026?

Fantom (FTM) price is expected to reach $3.5 by 2026.

9. What will be Fantom (FTM) price by 2027?

Fantom (FTM) price is expected to reach $3.8 by 2027.

10. What will be Fantom (FTM) price by 2028?

Fantom (FTM) price is expected to reach $4.3 by 2028.  


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Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

A dedicated writer who shows her interest in writing all sorts of content about the cryptocurrency market in NewsCrypto. She is an enthusiastic reader and writer with passion for sharing crypto news and trends.