Key takeaways
- Fantom price prediction suggests an average market price of $0.84 by the end of 2024.
- Holders can anticipate a maximum price of $2.96 in 2027.
- By 2030, FTM might touch $4.78.
Fantom (FTM) is a high-performance blockchain platform designed for decentralized applications (dApps) and smart contracts. Launched in 2019, it utilizes the Lachesis consensus mechanism, an asynchronous Byzantine Fault-Tolerant (aBFT) protocol that supports fast, secure, and scalable transactions—processing up to 300,000 per second.
Fantom’s modular architecture allows developers to create independent blockchains tailored to specific applications while leveraging its speed and security. The native FTM token is crucial for staking, governance, and transaction fees.
Additionally, Fantom supports decentralized finance (DeFi) services like stablecoin minting and lending platforms. Despite its strengths, Fantom faces challenges such as limited recognition and concerns over potential centralization in its validation process.
Overview
| Cryptocurrency | Fantom |
| Token | FTM |
| Price | $0.6816 |
| Market Cap | $1,911,069,535 |
| Trading Volume | $257,017,716 |
| Circulating Supply | 2,803,634,836 FTM |
| All-time High | $3.48 on Oct 27, 2021 |
| All-time Low | $0.001953 on March 12, 2020 |
| 24-h High | $0.6936 |
| 24-h Low | $0.6375 |
Fantom price prediction: Technical analysis
| Volatility | 16.29% |
| 50-Day SMA | $ 0.682971 |
| 14-Day RSI | 56.84 |
| Green Day | 19/30 (63%) |
| Sentiment | Bullish |
| Fear & Greed Index | 50 (Neutral) |
| 200-Day SMA | $ 0.57933 |
Fantom price analysis
Fantom price analysis 1-day chart
On October 07, the 1-Day chart for Fantom (FTM/USDT) shows the price trading at $0.6763 with Bollinger Bands indicating moderate volatility. The price has recently bounced from the lower band near $0.6041, showing upward momentum as it approaches the middle band, which is around $0.6588. The Relative Strength Index (RSI) at 60.96 reflects the overbought zone, hinting at a potential cooling-off period. The price is also battling resistance near $0.7136, with further movement above this level potentially signaling a bullish breakout.
FTM/USD technical analysis 4-hour chart
The 4-hour chart for Ethereum (ETH/USD) shows the price currently trading at $2,487.9. The Balance of Power (BoP) indicator reads 0.22, suggesting a slight bullish sentiment. The Moving Average Convergence Divergence (MACD) indicator is beginning to show a possible bullish crossover, with the MACD line at 6.7 above the signal line at -6.5, indicating the potential for upward momentum. However, trading remains within a consolidation phase between $2,462 and $2,520. The price needs to break past the resistance at $2,520 for a strong upward trend, while support lies around $2,462.
Fantom technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.536485 | BUY |
| SMA 5 | $ 0.569419 | BUY |
| SMA 10 | $ 0.622627 | BUY |
| SMA 21 | $ 0.641204 | BUY |
| SMA 50 | $ 0.532564 | BUY |
| SMA 100 | $ 0.487418 | BUY |
| SMA 200 | $ 0.57933 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $0.598972 | BUY |
| EMA 5 | $0.552169 | BUY |
| EMA 10 | $0.486972 | BUY |
| EMA 21 | $0.440977 | BUY |
| EMA 50 | $0.455621 | BUY |
| EMA 100 | $0.516751 | BUY |
| EMA 200 | $0.545623 | BUY |
What can you expect from the FTM price analysis next?
Based on the 1-Day and 4-Hour charts for Fantom (FTM/USDT), we can expect a potential bullish movement in the short term. On the 1-Day chart, the price is at $0.6763 and shows signs of upward momentum with a positive RSI at 60.96, indicating overbought condition. The 4-hour chart further supports this with the Balance of Power (BoP) at 0.39 and a bullish MACD crossover suggesting increasing buying pressure. However, resistance at $0.7136 on the 1-Day chart could challenge upward progress, making a breakout above this level key for further price gains.
Is Fantom a good investment?
The projection for Fantom’s value looks optimistic. It shows promising potential as a blockchain platform, with analysts predicting growth. By 2025, its price could range between $1.39 and $1.68, and by 2030, it could reach between $4.36 and $4.78. However, market risks and volatility remain, so thorough research is advised.
Can Fantom rise?
It is projected that by the end of this year, the mean price of Fantom could hit average price $0.84. Looking at a five-year forecast, this cryptocurrency is expected to escalate to $3.48 potentially. Given the volatile nature of the market, it’s crucial to conduct thorough research before investing in any project, network, or asset
Will Fantom reach $5?
Fantom (FTM) could potentially reach $5 by 2030, with price predictions suggesting a high of $4.78. However, achieving this depends on market conditions and overall blockchain adoption trends.
Will Fantom reach $10?
Based on our forecast from technical evaluation, it’s projected that FTM could hit double digits in the next ten years. It’s important to note that Fantom’s highest price ever was $3.48, attained in the latter part of October 2021.
Is Fantom a safe network?
Certainly, the network is secure because it utilizes a custom version of the Proof-of-Stake algorithm.
Does Fantom have a good long-term future?
Fantom (FTM) shows potential for a strong long-term future, with price predictions suggesting significant growth by 2030 and beyond. Analysts forecast prices could reach between $4.36 and $4.78, driven by its unique blockchain technology and increasing adoption in decentralized applications. However, market volatility remains a concern.
Recent news/opinion on Fantom
Sonic Labs has releases the final Sonic Shard on GalxeQuest, available via tasks on key partner apps.
Fantom price prediction October 2024
The Fantom price is likely to remain stable throughout October. It is currently trading at $0.65, which is speculated to be the average monthly price.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| Fantom price prediction October 2024 | $0.65 | $0.65 | $0.65 |
FTM price prediction 2024
By 2024, Fantom’s average market price is expected to be $0.95, with a potential low of $0.57 and a potential high of $1.39.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| Fantom price prediction 2024 | $0.57 | $0.95 | $1.39 |
Fantom price forecast 2025 – 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $1.39 | $1.53 | $1.68 |
| 2026 | $1.90 | $2.33 | $2.33 |
| 2027 | $2.47 | $2.77 | $2.96 |
| 2028 | $2.47 | $2.77 | $2.96 |
| 2029 | $3.07 | $3.29 | $3.48 |
| 2030 | $4.36 | $4.65 | $4.78 |
Fantom price prediction 2025
Fantom network is expected to continue its upward trend in 2025, potentially reaching an all-time high of $1.68. However, there could be fluctuations, and the FTM coin price might dip to $1.39, with an average price of around $1.53.
Fantom price prediction 2026
The Fantom market price is expected to peak at $2.33. However, it might fall to $1.90, with an average of $2.23.
Fantom price prediction 2027
The forecast speculated that FTM might hit a new all-time high of $2.96 by 2027. On the lower end, corrections may pull the price to $2.47, with an expected average trading price of around $2.77.
Fantom price prediction 2028
In 2028, Fantom’s price might stabilize at $2.96 while maintaining the same average trading price of around $2.77, the same as in 2027.
Fantom price prediction 2029
Fantom is expected to reach an all-time high of $3.48 by 2029. However, it could fall to $3.07, with an average price of $3.29.
Fantom price prediction 2030
At the end of this decade, 2030, Fantom is projected to hit a high of $4.78. In the event of a price correction, it could drop to $4.36, with an average of $4.65.
Fantom market price prediction: Analysts’ FTM price forecast
| Firm Name | 2024 | 2025 |
| Changelly | $0.53 | $0.91 |
| PricePrediction.net | $0.87 | $1.42 |
Cryptopolitan’s Fantom (FTM) price prediction
At Cryptopolitan, we predict Fantom (FTM) to reach $0.57 by the end of 2024, averaging $0.95. By 2026, FTM could hit $1.39 due to increasing adoption, strong developer support, and favourable market conditions. Factors include high-speed, low-cost transactions, positive investor sentiment, and regulatory developments. Market volatility remains a risk.
Fantom (FTM) historic price sentiment
- Fantom (FTM) launched its mainnet in December, with initial trading prices mostly below $0.02 in 2019.
- FTM experienced gradual growth, staying under $0.05 for most of 2020 but reaching around $0.017 to $0.02 by December due to growing DeFi interest.
- Prices surged from $0.02 in January 2021 to $3.48 by October, driven by DeFi adoption and positive market sentiment. The year ended with a correction to around $2.30.
- In 2022, FTM faced significant fluctuations due to macroeconomic factors, with prices dipping below $0.50 mid-year. Despite recovery attempts, bearish trends dominated.
- Early volatility in 2023 saw prices around $0.40, recovering to $0.55 mid-year before settling between $0.45 and $0.50 by year-end.
- In early 2024, FTM surged from around $0.31 in January to above $1.00 by March, driven by strong bullish momentum and increased trading volumes. After peaking in March, the price corrected, dropping to lower highs and lows by April.
- Following the correction, FTM found support around $0.60 in May and entered a consolidation phase between $0.50 and $0.80 in June. Despite volatility and tests of the $0.50 support, it held firm.
- Fantom declined a bit in August, reaching low levels. Fantom reached $0.42 by Aug 28. Currently, in September, FTM traders around $0.4208
- In October 02, the price of FTM reached $0.6511 with $365.52M 24hours trading volume.
