Analyst Forecast Potential Surge Of 250%-300%

Fantom (FTM) is gaining attention from market experts. The cryptocurrency recently hit a low of $0.56, but has rebounded strongly from that level. Investors and analysts are taking note of this recovery and FTM’s renewed strength.

At the time of writing, FTM price is $0.697438. There was active trading around FTM, with 24-hour trading volume reaching $232.26 million. Fantom has a market capitalization of $1.96 billion and has a large presence in the cryptocurrency market.

In the last 24 hours alone, FTM price increased by 1.14%. This uptrend, along with increased analyst attention, suggests that Fantom may be on the verge of a significant bullish trend. This makes it an interesting asset for traders to monitor closely.

Phantom Bullish Wave: Analysts See 250%-300% Rise

Renowned analysts World Of Charts recently We shine a light on Fantom (FTM) and paint a picture of optimism and opportunity. After witnessing a strong rally in the market, World Of Charts is now focusing on the complexity of FTM price movements. Their keen eyes detect retracement patterns that indicate a potential decline followed by a resurgence, which often occurs in volatile areas of cryptocurrencies.

As the retesting process continues, World Of Charts remains hopeful for successful results. If FTM finds support at this critical juncture, World Of Charts predicts a notable bullish wave on the horizon. Their predictions have skyrocketed, and it is estimated that in the medium term he will increase significantly, in the range of 250% to 300%.

Adding to the chorus of optimism, Changelly shared Your own predictions about where Fantom is heading. They expect FTM to rise by 10.67% and be worth $0.770002 on May 5, 2024, which is a good number to achieve. This prediction is in line with World Of Charts’ bullish outlook and raises expectations for what to expect from his Fantom in the future.

When it comes to technical analysis, the indicators provided by Changelly provide insight into market sentiment. At the moment, the Fear & Greed Index is neutral at 48, indicating an even sentiment among traders, while the Fear & Greed Index is neutral at 48, with bullish signals predominant, indicating sentiment towards Fantom. is dominant at 57%.

Related reading | Analyst predicts Bitcoin surge as 10% rally pushes major trends and support levels

Related Article


Leave a Comment