According to the latest data collected, the trading volume of Fantom is increased from 4 months. Most traders use candlestick charts, as they provide more information than a simple line chart. 1-hour, 4-hour and 1-day candlestick charts are among the most popular. Cryptopolitan brings you quality Blockchain and Cryptocurrency news, ICO reviews, crypto technical analysis, and other unique news insiders. We cover Bitcoin news, altcoins news, blockchain projects news, ICO news, regulatory developments and the confluence of news on the leading blockchain technologies.
- Moving averages are among the most popular Fantom price prediction tools.
- Moreover, the FTM price has dropped 9.79% in the last 24-hours.
- The expected minimum price value of Fantom by the end of this year can be around $2.1.
- It may continue with more attraction for investors and users that result in more price jumps for the token.
- If the FTM price moves above any of these averages, it is generally seen as a bullish sign for Fantom.
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We gathered some of the Fantom coin price predictions, so you can take a look at a possible future for the FTM crypto. The token currently stands at 42 in the top 50 cryptocurrency list. However, we might see it climb higher as Bitcoin continues to dictate the price action of the crypto market. But will the latest upgrades, development, and changes in the FTM blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this FTM price prediction article. The Fantom price relentless bull run continued on Tuesday as developers continued to embrace the ecosystem.
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Starting with a minimum of $1.2 in the long term, it may cross $1.5. With partnerships and community funding, the trading market looks back at FTM/USD to perform, reaching a level of $0.88, which is quite optimistic but surely feasible. The video’s content is purely the amateur and novice opinions of the content creator and should not be interpreted as financial advice in any way, shape, or form. The price has also risen because of its strong growth in the non-fungible token industry. For example, on Tuesday, Pierre Gasly, a Formula 1 driver will be releasing an NFT collection for auction on Artion. Fantom has also created its own DeFi platform that has several features.
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The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk – this is especially true for cryptocurrencies given their volatility.
- The information provided is for general information purposes only.
- The FTM market cap currently rests at $5.1 million and continues to increase.
- Fantom token can be traded on various exchanges like Binance, OKEx, Huobi and many more.
- Crypto can be riskier than other investments because they are volatile and speculative – their price often rising and falls very quickly, sometimes seemingly for not reason.
At the start of August 2022 the price will be around $1.60 USD. A Maximum price of $1.83, minimum Fantomcoin price of $1.39 for August 2022. The average Fantom price for the month of August 2022 is $1.61.
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From the above chart, it is observed that the following are the resistance and support level of FTM. FTM price prediction 2021 explained below with a week time frame.
Fantom coin is gaining popularity day by day, so the crypto trading platforms are listing this unique coin. Fantom’s value is expected to continue to expand, as shortage tends to encourage price rise. In terms of price, Fantom has an outstanding potential to reach new heights. It is forecast that FTM will increase in value in the next few years. Thursday, February 25, 2021, the Fantom coin reached its all-time highest price- $0.67 since its establishment in 2018, scoring 6 points in the markets, with a safety rank of 5.87.
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Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. When trying to make a Fantom forecast, many traders also try to monitor the activity of FTM “whales”, which are entities and individuals that control large amounts of FTM. Since the Fantom market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Fantom’s price movements. Comparing Fantom against other important technological innovations and trends is one way of predicting where the Fantom price could head over the long term. The FTM price didn’t have any significant gains in the year 2020 as there were no events or fundamental upgrades that took place. Till the end of December 2020, the price hovered around the price level of $0.0184.
In 2021, the prices turned even more bullish as Fantom price began its journey towards $1. The Fantom price today in the crypto market remains at $2.02. As said above, it may even reach $10 if investors have decided that FTM is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum. It is an indicator that indicates to traders how the current trading volume has changed over a period of time compared to the previous trading volume.
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These price levels are the major zones where the market seems to respond by making a strong advance or decline. Fibonacci levels measure or predict the retracements before the continuation of a trend. Some traders rely on price action and look at specific candle formations.
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FTM is considered one of the top-rising cryptocurrencies this year. Also, along with the recorded achievements of FTM in the past few months, we can say that FTM is indeed potentially good crypto to invest in this year. Now, let’s proceed to the next part of this FTM technical analysis for 2021. The number of projects recently launched on Fantom is proof that developers increasingly trust and turn to Fantom as their preferred blockchain platform.
For December 2023, the FTM coin price prognosis reveals an average price of $6.216, a minimum price of $5.408, followed by a maximum price of $7.005. The FTM market cap currently rests at $5.1 million and continues to increase. The trading volume is 519,925,308.70 USD, while the prices are down by 1.36%. As per the latest upgrades, developments, FTM price prediction, and new project forecasts of the platform, FTM investors could expect many partnerships and integrations around 2024.
Moving averages are among the most popular Fantom price prediction tools. As the name suggests, a moving average provides the average closing price for FTM over a selected time period. For example, a 12-day simple moving average for FTM is a sum of FTM’s closing prices over the last 12 days which is then divided by 12. In addition to the simple moving average , traders also use the exponential moving average .
Fantom price forecast at the end of August 2022 $1.60, change for August %. At the start of March 2022 the price will be around $2.01 USD. A Maximum price of $2.15, minimum price of $1.87 for March 2022. The average Fantom price for the month of March 2022 is $2.01. Fantom price forecast at the end of March 2022 $2.01, change for March %. At the start of February 2022 the price will be around $1.97 USD. A Maximum price of $2.18, minimum price of $1.57 for February 2022.
It is a network that enables developers to build decentralized applications such as DeFi, Non-Fungible Tokens , and games. The four-hour chart shows that the FTM price has been in a parabolic rally in the past few weeks. Precisely, it has risen by more than 1,000% from its lowest level in July. This growth coincided with the strong performance of other Ethereum-killers like Solana, Algorand, Avalanche, and Elrond. Fantom uses Lachesis, which is a blockchain technology that can be plugged into any distributed ledger.
Author: Helen Partz