Fantom Price Prediction: Will FTM Break $2 Before Halving?

Fantom Price Prediction 2025 is expected to hit $3.50

• FTM's price has consistently traded within an ascending parallel channel on the daily chart.

• Four consecutive bullish candles on the daily chart suggest a potential rounding bottom reversal pattern.

• #Fantom's price must stay above 23.60% Fibonacci for upward momentum, aiming for a close beyond $1.25.

• The launch of the first validator utilizing Sonic Tech resulted in a significant surge in $FTM's price.

• A noticeable trend reversal is evident on the weekly chart, indicating substantial upside potential for $FTM.

• The combination of a long-term downtrend and consolidation below $1 led to a breakout of a double-bottom pattern, signaling a bullish trend for the altcoin.

• A golden crossover has recently occurred on the weekly chart, reinforcing the bullish outlook.

• FTM's daily chart shows a bullish reversal from the $0.8000 mark and the 50-day EMA, successfully reclaiming the $1 level.

• With robust buying pressure, the uptrend may target $1.75 or the 50% Fibonacci retracement level in an optimistic scenario.

• However, failure to sustain above the 23.60% Fibonacci level may result in a price decline towards the neckline of the double bottom pattern.

• According to Coin Gabbar analysis, #Fantom Price Prediction 2030 is likely to stabilize around $10, with Fantom Price Prediction 2040 is anticipated to surge to approximately $25.

KEY LEVELS :

RESISTANCE LEVEL : $1.4000-$2.0000

SUPPORT LEVEL : $0.6500-$0.4000

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