- The bullish FTM value prediction ranges from $0.98 to $1.04.
- Evaluation means that FTM value may additionally attain $1.64 in 2024.
- FTM’s bearish market value prediction for 2024 is $0.182.
Customers and builders are in search of extra good contract platforms because the demand for blockchain continues to rise. Fantom is one such good contract platform that guarantees “high-performance, scalable, customizable, and safe” options for everybody.
One of many distinctive attributes of Fantom is that it’s designed to deal with a number of limitations of current blockchain platforms. Moreover, Fantom boasts that might turn out to be “the following era” of blockchain platforms. FTM is a local token of Fantom and empowers the community by way of its varied options.
As customers’ and builders’ demand for good contracts continues to develop, the neighborhood could be curious in regards to the good contract platforms’ native tokens costs corresponding to FTM. In case you are to find out about FTM’s value evaluation and forecast for the years 2024, 2025, 2026, 2027, 2028, and 2050, learn this Coin Version value prediction article.
Fantom (FTM) Market Overview
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What’s Fantom (FTM)?
Fantom describes itself as a “high-performance, scalable, customizable, and safe” smart-contract platform. Fantom claims that it’s designed to turn out to be a next-generation blockchain platform, assuring to get rid of the present limitations noticed within the present blockchain networks. Just like many blockchain platforms, Fantom is permissionless, decentralized, and open-source.
Furthermore, Fantom developed an aBFT consensus algorithm known as “Lachesis,” which incorporates options corresponding to being asynchronous, leaderless, Byzantine Fault-Tolerant, and extra. Fantom assures that a number of blockchains will be plugged into Lachesis, permitting simple communication among the many networks.
Aside from the communication options, Lachesis is absolutely appropriate with the Ethereum Digital Machine (EVM) and it may be built-in with the Cosmos SDK, making Fantom modular. FTM is the native token of Fantom and helps in empowering the platform. Furthermore, there are three variations of the FTM token: the Mainnet token, the ERC-20 token, and the BEP-2 token.
FTM can be utilized for community charges, securing the community by way of staking, and permits on-chain governance. In the meantime, the ERC-20 token and BEP-2 token can be utilized on Ethereum to deal with transactions on the Binance DEX.
Moreover, Fantom highlighted that the community is constructed for everybody together with, crypto customers and skilled builders. The platform additionally talked about that it may be used to work together and construct DeFi, NFT, and GameFi decentralized functions.
Presently, Fantom reported that 850K transactions are being performed on daily basis. In the meantime, there are presently greater than 250 dApps and three.2 million addresses. Fantom additionally noticed that there are roughly 230K lively month-to-month customers.
Fantom (FTM) Present Market Standing
On the time of writing, FTM is now buying and selling at $0.664 with a complete market capitalization of $1,861,547,214. FTM sits in 57th place on CoinMarketCap by way of market capitalization. Furthermore, there was a value change of 28.89% prior to now 24 hours. FTM’s 24-hour buying and selling quantity is $716,589,664, with an increase of 307.70%.
FTM will be traded on main cryptocurrency exchanges corresponding to Binance, KuCoin, Kraken, OKX, Gemini, and Gate.io.
Fantom (FTM) Worth Evaluation 2024
Will FTM’s most up-to-date enhancements, additions, and modifications assist its value rise? Furthermore, would the modifications within the blockchain trade have an effect on FTM’s sentiment over time? Learn extra to search out out about FTM’s 2024 value evaluation.
Fantom (FTM) Worth Evaluation – Bollinger Bands
The Bollinger Bands are a technical evaluation software that’s used to investigate value motion and volatility. Bollinger Bands (BB) make the most of the time interval and the usual deviation of the worth. Usually, the default worth of BB’s interval is ready at 20. The higher band of the BB is calculated by including 2 instances the usual deviations to the Easy Transferring Common (SMA), whereas the decrease band is calculated by subtracting 2 instances the usual deviation from the SMA. Primarily based on the empirical legislation of ordinary deviation, 95% of the info units will fall inside the two normal deviations of the imply.
Observing the FTM 1-day chart, the candlesticks reached a brand new peak in 2023 by breaking above the higher band; nevertheless, the candlesticks confronted a retracement. Through the retracement process, the candlesticks continued to drop for a very long time, inflicting FTM to succeed in the essential help degree. Earlier than a breakout, the candlesticks have been buying and selling sideways inside the slender space of the bands.
Lastly, after exhibiting indicators of purchaser’s curiosity, FTM’s value broke by way of the buying and selling roof because it continued to point out rising accumulation exercise. This vital value surge was met with a correction, which continued until 2024. The candlestick started to bounce again after it touched the decrease band. Presently, the candlesticks have shaped lengthy optimistic candlesticks which stretched the Bollinger Bands, making the market very unstable.
With the BBW at 100%, there could also be an opportunity that the bands might contract, forcing the candlesticks to cut back its top. Subsequently, FTM’s worth could cut back sooner or later; nevertheless, if the patrons rally to the altcoin’s aspect, then, the autumn might not be drastic.
Fantom (FTM) Worth Evaluation – Relative Power Index(RSI)
The Relative Power Index (RSI) is a momentum indicator utilized to search out out the present development of the worth motion and decide whether it is within the oversold or overbought area. Merchants typically use this software to make selections about when to purchase or promote the tokens. When the RSI is usually valued beneath or at 30, it’s thought-about an oversold area, and a value correction might occur quickly. Furthermore, when the RSI is valued above or at 70, it’s thought to be the overbought area, and merchants anticipate the worth might fall quickly.
Plainly FTM was in a position to appeal to loads of traders through the bull run part of the general altcoin market. As such, FTM was in a position to enhance in worth after being affected by the customer’s accumulation part. Nevertheless, in sure situations, the costs would cross to the overbought area, which might be later met with a correction.
Presently, the RSI has crossed above the 70 degree, clearly highlighting the overbuying exercise of patrons. Nevertheless, the indicator is pointed downwards, indicating that the shopping for exercise could cut back. If the sellers overpower the patrons, the autumn could possibly be drastic, making FTM drop in worth.
Fantom (FTM) Worth Evaluation – Transferring Common Convergence Divergence (MACD)
The Transferring Common Convergence Divergence (MACD) indicator can be utilized to determine potential value tendencies, momentums, and reversals in markets. MACD will simplify the studying of a shifting common cross simpler. The MACD indicator is calculated by subtracting the long-term EMA (Exponential Transferring Common) indicator from the short-term EMA. Usually, the default values for the MACD are set at 12-day EMA, 26-day EMA, and 9-day EMA. Furthermore, MACD is taken into account a lagging indicator because it can’t present commerce alerts with none previous value information. MACD performs an essential function as it could verify the tendencies and determine potential reversals.
Wanting on the above chart, the inexperienced bars on the histogram proceed to develop indicating that the present FTM market goes by way of a bull run within the quick time period. Furthermore, after a bullish cross, the MACD line continues to maneuver upwards, after sustaining a distance with the sign line. Though the candlestick is above the 200MA, there could also be an opportunity that the indicator could possibly be the help line, in case of a fall.
Fantom (FTM) Worth Prediction 2024
Wanting on the above chart, FTM has been exhibiting excessive patrons’ curiosity out there, which induced the candlesticks to make spikes over the quick interval. Ideally, traders would expect a fall again to the 0.382 Fib degree. Moreover, primarily based on the earlier value motion, the candlesticks might drop to the 0.786 Fib degree.
If the patrons fail to offer help, FTM might fall to the essential help degree at $0.1736. Whereas accumulation exhibits excessive shopping for exercise, the indicator is pointed downwards, indicating a correction might occur quickly. The correction which will happen could possibly be for a brief interval and the altcoin might proceed to stand up as soon as once more.
Though the present market highlights an imminent fall, the historic value motion has proven that FTM was in a position to surge through the total bull run of the altcoin market. As such, we will anticipate that FTM could present an optimistic efficiency out there this 12 months, with a risk of crossing the $1 mark.
Fantom (FTM) Worth Prediction 2024 – Resistance and Help Ranges
Whereas FTM has just lately crossed one of many essential resistance ranges out there, there could also be a excessive probability that the altcoin could expertise a slight fall. Regardless of the downfall, traders could proceed to be optimistic in regards to the altcoin and will cross a number of psychological obstacles within the charts. With the customer’s help, FTM might additionally contact the $1.64 resistance degree.
Fantom (FTM) Worth Prediction 2025
FTM might nonetheless expertise the after-effects of the Bitcoin halving and is anticipated to commerce above its 2024 value. Many commerce analysts speculate that BTC halving might create a huge effect on the crypto market. Furthermore, just like many altcoins, FTM will proceed to rise in 2025 forming new resistance ranges. It’s anticipated that FTM would commerce past the $1.8 degree.
Fantom (FTM) Worth Prediction 2026
It’s anticipated that after an extended interval of bull run, the bears would come into energy and begin negatively impacting the cryptocurrencies. Throughout this bearish sentiment, FTM might tumble into its help area of $1.6. Furthermore, when FTM stays within the oversold area, there could possibly be a value correction quickly. FTM, by the top of 2026, could possibly be buying and selling past the $2.3 resistance degree after experiencing the worth correction.
Fantom (FTM) Worth Prediction 2027
Naturally, merchants anticipate a bullish market sentiment after the crypto trade was affected negatively by the bears’ claw. FTM is anticipated to rise after its slumber within the bear season. Furthermore, FTM might even break extra resistance ranges because it continues to get well from the bearish run. Due to this fact, FTM is anticipated to commerce at $2.5 by the top of 2027.
Fantom (FTM) Worth Prediction 2028
As soon as once more, the crypto neighborhood is trying ahead to this 12 months as there might be a Bitcoin halving. Alike many altcoins, FTM will proceed to kind new greater highs and is anticipated to maneuver in an upward trajectory. Therefore, FTM could be buying and selling at $3.2 after experiencing an enormous surge by the top of 2028.
Fantom (FTM) Worth Prediction 2029
2029 is anticipated to be one other bull run because of the aftermath of the BTC halving. Nevertheless, merchants speculate that the crypto market would progressively turn out to be secure by this 12 months. In tandem with the secure market sentiment and the slight value surge anticipated after the aftermath, FTM could possibly be buying and selling at $3.6 by the top of 2029.
Fantom (FTM) Worth Prediction 2030
After witnessing a bullish run out there, FTM and lots of altcoins would present indicators of consolidation and would possibly commerce sideways for a while whereas experiencing minor spikes. Due to this fact, by the top of 2030, FTM could possibly be buying and selling at $3.9.
Fantom (FTM) Worth Prediction 2040
The long-term forecast for FTM signifies that this altcoin might attain a brand new all-time excessive(ATH). This is able to be one of many key moments as HODLERS could anticipate to promote a few of their tokens on the ATH level. Nevertheless, FTM could face a slight fall earlier than beginning its upward journey as soon as once more. It’s anticipated that the worth of FTM might attain $17 by 2040.
| Minimal Worth | Common Worth | Most Worth |
| $15.81 | $17.25 | $17.87 |
Fantom (FTM) Worth Prediction 2050
The neighborhood believes that there might be widespread adoption of cryptocurrencies, which might preserve gradual bullish beneficial properties. By the top of 2050, if the bullish momentum is maintained, FTM might surpass the resistance degree of $38.
| Minimal Worth | Common Worth | Most Worth |
| $37.95 | $38.19 | $38.76 |
Conclusion
To summarize, if traders proceed to point out curiosity in FTM and add these tokens to their portfolio, then, it might proceed to stand up. FTM’s bullish value prediction exhibits that it might go past the $0.6 degree in 2023. Furthermore, FTM might surpass the $38.76 degree by the top of 2050.
FAQ
Fantom describes itself as a “high-performance, scalable, customizable, and safe” smart-contract platform. Fantom claims that it’s designed to turn out to be a next-generation blockchain platform, assuring to get rid of the present limitations noticed within the present blockchain networks. Just like many blockchain platforms, Fantom is permissionless, decentralized, and open-source.
FTM will be traded on many exchanges like different digital belongings within the crypto world. Binance, KuCoin, Kraken, OKX, Gemini, and Gate.io are presently the favored exchanges for buying and selling FTM.
Fantom’s characteristic might enhance the demand for FTM, the native token of the community. Furthermore, customers and builders are all the time looking out for brand new modern blockchain know-how which might drive FTM’s value upwards.
If traders proceed so as to add FTM into their portfolio, then, FTM has the potential to commerce past the extent of $1 in 2024.
The utmost provide of FTM is 3,175,000,000 FTM.
Reportedly, Dr. Ahn Byung Ik based the Zcash mission in 2016.
FTM will be saved in a chilly pockets, scorching pockets, or change pockets.
FTM has a low risk of surpassing its current all-time excessive (ATH) value of $3.48 in 2022.
It was launched in 2018.
FTM is anticipated to succeed in $1.04 by 2024.
Fantom (FTM) value is anticipated to succeed in $1.8 by 2025.
FTM is anticipated to commerce past the $2.3 degree.
Fantom (FTM) value is anticipated to succeed in $2.5 by 2027.
Fantom (FTM) value is anticipated to succeed in $3.2 in 2028.
Fantom (FTM) value is anticipated to succeed in $3.6 by 2029.
Fantom (FTM) value is anticipated to succeed in $3.9 by 2030.
Fantom (FTM) value is anticipated to succeed in $17.87 by 2040.
FTM is anticipated to commerce past the $38.76 resistance degree.
Disclaimer: The views and opinions, in addition to all the data shared on this value prediction, are revealed in good religion. Readers should do their analysis and due diligence. Any motion taken by the reader is strictly at their very own danger. Coin Version and associates is not going to be held answerable for direct injury or loss.
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