FTM Price Analysis
About Fantom
FANTOM is a new DAG based Smart Contract platform that intends to solve the scalability issues of existing public distributed ledger technologies. The platform intends to distinguish itself from the traditional block ledger-based storage infrastructure by attempting to employ an improved version of existing DAG-based pro-tocols. The FANTOM platform adopts a new protocol known as the “Lachesis Protocol” to maintain consensus. This protocol is intended to be integrated into the Fantom OPERA Chain. The aim is to allow applications built on top of the FANTOM OPERA Chain to enjoy instant transactions and near zero transaction costs for all users. The mission of FANTOM is to provide compatibility between all transaction bodies around the world, and create an ecosystem which allows real-time transactions and data sharing with low cost.
Market Overview
Fantom's ecosystem displays notable engagement, with trading volume reaching $7.30K and average hourly volumes sustained at $262.59 over the last 24 hours. Such liquidity underscores persistent interest from both traders and investors. Sentiment indicators present a nuanced picture; the Fear & Greed Index stands at 29, classified as Fear, suggesting a cautious market tone. Despite constructive short-term movement, the broader fundamentals will need to be monitored for more decisive trends, as shifts in trading activity and prevailing sentiment can quickly alter the landscape.
Technical Analysis
Fantom (FTM) is currently showing a compelling mix of technical signals. The short-term moving averages demonstrate positive momentum, with the 7-day SMA and 30-day SMA both trending upward, a sign that recent price action has been bullish relative to their periods. However, a closer examination of the 90-day and 200-day simple moving averages reveals a contrasting picture: both are trending downward, suggesting that longer-term momentum still faces headwinds. The 24-hour volatility at 0.31% indicates active trading and ongoing uncertainty, while the recent 24-hour price change of 4.66% hints at potential short-term optimism. Overall, while immediate technicals are moderately constructive, underlying longer-term resistance remains a key challenge for Fantom in the weeks ahead.
Future Price Predictions
| Year | Year High | Year Low |
|---|---|---|
| 2026 | $0.65 | $0.23 |
| 2027 | $0.99 | $0.32 |
| 2028 | $1.38 | $0.38 |
| 2029 | $1.82 | $0.47 |
| 2030 | $2.23 | $0.55 |
Expert Prediction
From an analyst perspective, Fantom is currently navigating through a transitional period. With short- and mid-term technical indicators showing upward momentum and robust trading volumes around $6.30K, there is a foundation for cautious optimism. However, the risk-averse sentiment reflected by a fear-driven market climate points to latent hesitancy among participants. Should Fantom sustain its current path while gradually reversing longer-term technical weaknesses, it could position itself for a strong rebound. Closely tracking future volume dynamics and a potential shift in sentiment will be crucial for the asset's next decisive breakout.
| Volume (24h) | $7.30K |
| Current Supply | 0.00 |
| Market Dominance | 0.00% |
| Circulating Supply | 0.00 |
| Volatility (24h) | 31.07% |
| Fear & Greed | 29 (Fear) |
Other Price Predictions
