{"id":656248,"date":"2024-12-02T12:30:09","date_gmt":"2024-12-02T12:30:09","guid":{"rendered":"https:\/\/wncen.com\/?p=656248"},"modified":"2024-12-02T07:50:09","modified_gmt":"2024-12-02T07:50:09","slug":"fantom-price-breakout-18000-150","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/fantom\/fantom-price-breakout-18000-150\/","title":{"rendered":"Fantom Price Breakout: Analyst Shares Anatomy Of FTM&#8217;s 18,000% Move To $150 By 2025"},"content":{"rendered":"<p><span style=\"font-weight: 400\">A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% <\/span><a href=\"https:\/\/wncen.com\/altcoin\/altcoins-continue-to-surge-following-trumps-victory-more-gains-ahead\/\"><span style=\"font-weight: 400\">increase to reach $150<\/span><\/a><span style=\"font-weight: 400\"> by 2025. <\/span><a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-10000-2\/\"><span style=\"font-weight: 400\">Ultra-bullish predictions <\/span><\/a><span style=\"font-weight: 400\">are common in the crypto market, but this one is exceptionally optimistic for Fantom. The technical analysis, which dates back to the crypto&#8217;s price action in late 2020, bases the ultra-bullish prediction on historical price trends and technical patterns forming on the Fantom price chart.<\/span><\/p>\n<h2>Anatomy Of FTM\u2019s 18,000% Move<\/h2>\n<p><span style=\"font-weight: 400\">The analyst&#8217;s prediction begins by highlighting Fantom&#8217;s significant price correction of 70% from its 2021 all-time high of $3.46. Despite this, technical indicators show that investors are now adopting a bullish outlook on the cryptocurrency. The 10-day Fantom\/TetherUS chart reveals resistance breakouts in both the price action and the <\/span><a href=\"https:\/\/wncen.com\/bitcoin-news\/bitcoin-weekly-rsi-entering-power-zone-last-time-btc-soared-80\/\"><span style=\"font-weight: 400\">RSI indicator<\/span><\/a><span style=\"font-weight: 400\">, signaling a shift in momentum from bearish to bullish. Consequently, the analyst&#8217;s technical setup now indicates a bullish reversal in progress.\u00a0<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/analysis\/xrp\/xrp-price-prediction-10000-2\/\">XRP Price Prediction: Analyst Gives Reasons For Why $10,000 Is A Feasible Price Target<\/a><\/div>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/FTMUSDT\/djiPn3ls-Fantom-FTM-to-print-18-000-move-in-2025-to-150\/\" rel=\"nofollow\"><span style=\"font-weight: 400\">Central to the forecast<\/span><\/a><span style=\"font-weight: 400\"> is the bull flag pattern that spans Fantom\u2019s price movements over the past three years. Notably, recent price action has seen the Fantom price breaking above this bull flag pattern. The analyst notes that if this pattern repeats the impulsive wave seen in Fantom\u2019s rally in 2021, the cryptocurrency could achieve another 18,000% increase. Back in 2021, this 18,000% increase saw the price of Fantom go from around $0.015 in November 2020 to $3.46 by October 2021.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Although the cryptocurrency landscape has changed since then, the analyst predicted that Fantom could repeat another 18,000% move in light of the bull flag breakout. This would translate to a price of $150 from the current price level. Such a move would undoubtedly see Fantom outperforming most cryptocurrencies.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Nonetheless, the analysis emphasizes the need for patience, as corrections of up to 80% may occur during the projected climb. The confluence of multiple technical indicators, visualized through red and blue arrows on the chart below, further supports the forecast.<\/span><\/p>\n<figure id=\"attachment_656249\" aria-describedby=\"caption-attachment-656249\" style=\"width: 460px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-656249\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Fantom-price.png?w=460&#038;resize=460%2C168\" alt=\"Fantom price\" width=\"460\" height=\"168\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Fantom-price.png?w=512 512w, https:\/\/wncen.com\/wp-content\/uploads\/2024\/12\/Fantom-price.png?w=460 460w\" sizes=\"auto, (max-width: 460px) 100vw, 460px\"><figcaption id=\"caption-attachment-656249\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<h2>Key Resistance Levels And Risk Assessment<\/h2>\n<p><span style=\"font-weight: 400\">The analyst identifies $3 as the first major resistance level, highlighted by the formation of an inverse head-and-shoulders pattern. Breaking through this zone would be a crucial step in validating the bullish trajectory.<\/span><\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/wncen.com\/news\/dogecoin\/dogecoin-price-bull-phase-2021\/\">Dogecoin Price Completes First Bull Phase Similar To 2021, Here\u2019s What Comes Next<\/a><\/div>\n<p><span style=\"font-weight: 400\">At the time of writing, Fantom (FTM) is trading at $1.03. Its price movements in the past seven days have traded between the upper and lower ends of $1.29 and $0.987, respectively. However, Fantom <\/span><a href=\"https:\/\/wncen.com\/news\/analyst-says-fantom-ftm-downtrend-is-over-is-1-the-next-stop\/\"><span style=\"font-weight: 400\">is still bullish on the larger timeframe<\/span><\/a><span style=\"font-weight: 400\">, as it is currently up by over 61% in the past 30 days.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">An 18,000 projection from the current levels would require far more capital inflow than it did in 2021, when Fantom was trading around 1 cent. Regardless of how this 18,000% projection plays out, the Fantom price is on track to keep on its steady growth alongside the rest of the crypto market, especially <\/span><a href=\"https:\/\/wncen.com\/altcoin\/altcoins-set-for-627-billion-inflow-as-altseason-prepares-for-takeoff\/\"><span style=\"font-weight: 400\">if an altcoin season <\/span><\/a><span style=\"font-weight: 400\">eventually rolls in.\u00a0\u00a0<\/span><\/p>\n<figure style=\"width: 3286px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium\" src=\"https:\/\/www.tradingview.com\/x\/3EmKmwkO\/\" alt=\"Fantom price chart from Tradingview.com\" width=\"3286\" height=\"1518\"><figcaption class=\"wp-caption-text\">FTM price breaks $1 psychological level | Source: <a href=\"http:\/\/Tradingview.com\" rel=\"nofollow\">FTMUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n<div class=\"disclaimer-shortcode\">Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% increase to reach $150 by 2025. Ultra-bullish predictions are common in the crypto market, but this one is exceptionally optimistic for Fantom. The technical analysis, which dates back to the crypto&#8217;s price action in late 2020, bases the ultra-bullish prediction on historical price trends and technical patterns forming on the Fantom price chart. Anatomy Of FTM\u2019s 18,000% Move The analyst&#8217;s prediction begins by highlighting Fantom&#8217;s significant price correction of 70% from its 2021 all-time high of $3.46. Despite this, technical indicators show that investors are now adopting a bullish outlook on the cryptocurrency. The 10-day Fantom\/TetherUS chart reveals resistance breakouts in both the price action and the RSI indicator, signaling a shift in momentum from bearish to bullish. Consequently, the analyst&#8217;s technical setup now indicates a bullish reversal in progress.\u00a0 Related Reading: XRP Price Prediction: Analyst Gives Reasons For Why $10,000 Is A Feasible Price Target Central to the forecast is the bull flag pattern that spans Fantom\u2019s price movements over the past three years. Notably, recent price action has seen the Fantom price breaking above this bull flag pattern. The analyst notes that if this pattern repeats the impulsive wave seen in Fantom\u2019s rally in 2021, the cryptocurrency could achieve another 18,000% increase. Back in 2021, this 18,000% increase saw the price of Fantom go from around $0.015 in November 2020 to $3.46 by October 2021. Although the cryptocurrency landscape has changed since then, the analyst predicted that Fantom could repeat another 18,000% move in light of the bull flag breakout. This would translate to a price of $150 from the current price level. Such a move would undoubtedly see Fantom outperforming most cryptocurrencies. Nonetheless, the analysis emphasizes the need for patience, as corrections of up to 80% may occur during the projected climb. The confluence of multiple technical indicators, visualized through red and blue arrows on the chart below, further supports the forecast. Key Resistance Levels And Risk Assessment The analyst identifies $3 as the first major resistance level, highlighted by the formation of an inverse head-and-shoulders pattern. Breaking through this zone would be a crucial step in validating the bullish trajectory. Related Reading: Dogecoin Price Completes First Bull Phase Similar To 2021, Here\u2019s What Comes Next At the time of writing, Fantom (FTM) is trading at $1.03. Its price movements in the past seven days have traded between the upper and lower ends of $1.29 and $0.987, respectively. However, Fantom is still bullish on the larger timeframe, as it is currently up by over 61% in the past 30 days.\u00a0 An 18,000 projection from the current levels would require far more capital inflow than it did in 2021, when Fantom was trading around 1 cent. Regardless of how this 18,000% projection plays out, the Fantom price is on track to keep on its steady growth alongside the rest of the crypto market, especially if an altcoin season eventually rolls in.\u00a0\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":656250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[87842],"tags":[167,6664,26263,14690,9376,92004,89676,43491,92005,86580,87826,85756],"class_list":["post-656248","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fantom","tag-analyst","tag-crypto","tag-crypto-analyst","tag-crypto-news","tag-fantom","tag-fantom-news","tag-fantom-price","tag-ftm","tag-ftm-news","tag-ftm-price","tag-ftmusd","tag-ftmusdt"],"acf":[],"yoast_head":"\n<title>Fantom Price 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