Fantom Price Prediction: Will it Break the $1 Barrier Soon
Fantom Price Prediction 2025 is estimated to hit $4
#Fantom coin price recently surged to its highest point since May 2022 amidst a notable rally.
Throughout the rally, $FTM coin demonstrated strong resilience above the $0.55 mark.
Within a mere three days, the altcoin experienced a remarkable 45% surge, reaching $0.81, largely driven by a positive turnaround from its support level.
A double-bottom reversal pattern has formed, with the neckline resistance breached at $0.655.
Analysis of the daily chart reveals that Fantom price broke through a falling wedge pattern, indicating a bullish trend.
A long tail rejection observed on the daily candle suggests ongoing accumulation by buyers during market dips.
With sustained buying pressure, Fantom's price could potentially target the theoretical goal of the double-bottom pattern at $1.14, representing a potential growth of 42%.
According to Coin Gabbar analysis, Fantom Price Prediction 2030 is projected to be $10, with Fantom Price Prediction 2040 reaching $20.
KEY LEVELS :
RESISTANCE LEVEL : $1.000-$1.4000
SUPPORT LEVEL : $0.6000-$0.4000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
