Tuesday, November 29, 2022
 

Fantom (FTM) Price Prediction: Will FTM Reach $4 in 2022?

  • Bullish FTM price prediction ranges from $0.470 to $3.367.
  • FTM price might also reach $4 this 2022.
  • FTM’s bearish market price prediction for 2022 is $0.136.

Fantom is an open-sourced blockchain launched in June 2018 on the Ethereum blockchain before it migrated to its mainnet, Opera, in December 2019. Its native coin is denoted with FTM.

Fantom investors are bullish on the token since it has had a return on investment (ROI) of over 136 times in the past two years. The crypto bubble in 20increased in the price of FTM to its present all-time high (ATH) of $3.48, which was attained in October 2021. Irrespective of the recent crypto winter, FTM investors are confident that the future of FTM is bullish.

If you are interested in the future of Fantom (FTM) and want to know the price analysis and prediction of Fantom for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Fantom (FTM)?

Fantom is an open-sourced blockchain that supports the development of decentralized applications (DApps). It was created in June 2018 on the Ethereum blockchain but migrated to its mainnet in December 2019. It is multi-chain and is present in Fantom blockchain, Ethereum blockchain, Binance Chain, and Solana blockchain.

At the time of writing, over 200 decentralized applications have been developed within the Fantom platform. One of the leading developers is Andre Cronje, who later helped create the first decentralized finance (Defi) token, Yearn Finance.

Michael Kong, the CEO of Fantom Foundation, oversees the activities and development of the Fantom network. However, South Korean computer scientist Dr. Ahn Byung Ik was the founder of the Fantom Foundation.

Fantom blockchain is entirely Ethereum Virtual Machine (EVM) compatible, enabling developers to deploy their decentralized applications (Dapps) at a meager cost. Its use of oracle integrations that Chainlink and Band Protocol support ensures that users can easily access price feeds of Defi products with ease.

The Fantom network uses the Lachesis consensus mechanism as one of its technologies to ensure the platform’s security. Lachesis’s features include near-instant finality, leaderless, asynchronous and Byzantine fault-tolerant.

Currently, the Fantom blockchain can carry out 10,000 transactions per second (TPS) though the team plans to increase its capacity to 300,000 soon. Transfers within the Fantom network cost about 0.000061 FTM to be completed.

Fantom (FTM) Current Market Status

The maximum supply of Fantom (FTM) is 3,715,000,000 FTM while its circulating supply is 2,545,006,273 FTM according to CoinMarketCap. At the time of writing, FTM is trading for $0.267, representing 24 hours decrease of 0.22%. The trading volume of FTM in the past 24 hours is $81.19 million, representing a 24.69% increase.

Some top cryptocurrency exchanges for trading Fantom (FTM) are Binance, Kucoin, Huobi Global, Gate.io, FTX and others.

Now that you know what FTM is and its current market status, we shall discuss the price analysis of Fantom (FTM) for 2022.

Fantom (FTM) Price Analysis 2022

Currently, FTM is ranked in the 62nd position on CoinMarketCap. Will developments and upgrades within the Fantom community lead to a rising price of Fantom (FTM)? We shall see in this CoinEdition price analysis 2022 article.

Fantom (FTM) Price Analysis – Keltner Channel

FTM/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
FTM/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Fantom (FTM), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of FTM might be sustained before any reversal would be expected.

Fantom (FTM) Price Analysis – Relative Strength Index

FTM/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
FTM/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Fantom (FTM) 1day chart of FTM/USDT is 38.88.  This shows that FTM is showing a weak trend between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong trend region, before any price correction soon.

Fantom (FTM) Price Analysis – Moving Averages

FTM/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
FTM/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of FTM 200-day and 100-day Moving Average (MA). FTM is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Fantom (FTM) might experience a significant rise or fall in the future.

Fantom (FTM) Price Prediction 2022

FTM/USDT 1Day Chart (Source: Tradingview)
FTM/USDT 1Day Chart (Source: Tradingview)

Looking at the daily chart of FTM/USDT, the FTM price was swinging from $0.714 resistance2 to $0.470 resistance1 after touching the support level at $0.136. It reversed from the support level of $0.136 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term FTM price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect FTM to reach $4 in 2022.

Fantom (FTM) Price Prediction-Resistance and Support Levels

FTM/USDT 1Day Chart (Source: Tradingview)
FTM/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of FTM has decreased by 29.6% in the past 30 days. If this price decrease reverses, FTM could break the $0.470 resistance1 level and move higher to $3.367 at the resistance10 level and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of FTM might be dethroned from its present uptrend position. In simpler terms, FTM might trend below the $0.136 support level and even lower in 2022, a bearish signal.

Fantom (FTM) Price Prediction 2023

If the value of the FTM’s relative strength index (RSI) is at least 65, by the end of 2022, the bulls and investors will be in charge. This could spill over into the first half of 2023, which could make the price of Fantom (FTM) trade around $8 by the end of 2023.

Fantom (FTM) Price Prediction 2024

The positive sentiment with the news of Bitcoin halving could directly impact the price of FTM. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of FTM trade at $15 by the end of 2024.

Fantom (FTM) Price Prediction 2025

By the end of 2025, the price of Fantom (FTM) could rise to $35. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the FTM platform to ensure that more decentralized applications are launched, this price target could be attained.

Fantom (FTM) Price Prediction 2026

With the number of FTM hodlers on the increase and the growing sentiment about cryptocurrencies, FTM has the possibility of holding most of its recent gains and consolidating. Hence, the price of FTM could trade around $30 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Fantom (FTM) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of FTM could surge to $40 by the end of 2027.

Fantom (FTM) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value Fantom (FTM) that could hit $70 by the end of 2028.

Fantom (FTM) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of FTM to $130 by the end of 2029.

Fantom (FTM) Price Prediction 2030

The cryptocurrency market experienced high stability due to early investors holding activities so as not to lose the future gains in the price of their assets. We could expect the price of Fantom (FTM) to trade around $150 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, FTM might reach $4 in 2022 and $150 by 2030 if investors have decided that FTM is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Fantom (FTM)?

FTM is the native token of the Fantom blockchains that enables the development of decentralized applications.

How to buy Fantom (FTM) Token?

Like other cryptocurrencies, Fantom (FTM) can be traded in cryptocurrency exchanges like Binance, Huobi Global, FTX, Kucoin, Gate.io, and others.

Will FTM Token surpass its present ATH?

FTM has a low possibility of surpassing its present all-time high (ATH) price of $3.48 in 2022.

When was FTM launched?

It was launched in 2018.

What will be the Fantom (FTM) price by 2023?

Fantom (FTM) price is expected to reach $8 by 2023.

What will be the Fantom (FTM) price by 2024?

Fantom (FTM) price is expected to reach $15 by 2024.

What will be the Fantom (FTM) price by 2025?

Fantom (FTM) price is expected to reach $35 by 2025.

What will be the Fantom (FTM) price by 2026?

Fantom (FTM) price is expected to reach $30 by 2026.

What will be the Fantom (FTM) price by 2027?

Fantom (FTM) price is expected to reach $40 by 2027.

What will be the Fantom (FTM) price by 2028?

Fantom (FTM) price is expected to reach $70 by 2028.

What will be the Fantom (FTM) price by 2029?

Fantom (FTM) price is expected to reach $130 by 2029.

What will be the Fantom (FTM) price by 2030?

Fantom (FTM) price is expected to reach $150 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and affiliates will not be held liable for direct damage or loss.

  • Bullish FTM price prediction ranges from $0.470 to $3.367.
  • FTM price might also reach $4 this 2022.
  • FTM’s bearish market price prediction for 2022 is $0.136.

Fantom is an open-sourced blockchain launched in June 2018 on the Ethereum blockchain before it migrated to its mainnet, Opera, in December 2019. Its native coin is denoted with FTM.

Fantom investors are bullish on the token since it has had a return on investment (ROI) of over 136 times in the past two years. The crypto bubble in 20increased in the price of FTM to its present all-time high (ATH) of $3.48, which was attained in October 2021. Irrespective of the recent crypto winter, FTM investors are confident that the future of FTM is bullish.

If you are interested in the future of Fantom (FTM) and want to know the price analysis and prediction of Fantom for 2022, 2023, 2024, 2025, 2026, and up to 2030, keep reading this CoinEdition article.

What is Fantom (FTM)?

Fantom is an open-sourced blockchain that supports the development of decentralized applications (DApps). It was created in June 2018 on the Ethereum blockchain but migrated to its mainnet in December 2019. It is multi-chain and is present in Fantom blockchain, Ethereum blockchain, Binance Chain, and Solana blockchain.

At the time of writing, over 200 decentralized applications have been developed within the Fantom platform. One of the leading developers is Andre Cronje, who later helped create the first decentralized finance (Defi) token, Yearn Finance.

Michael Kong, the CEO of Fantom Foundation, oversees the activities and development of the Fantom network. However, South Korean computer scientist Dr. Ahn Byung Ik was the founder of the Fantom Foundation.

Fantom blockchain is entirely Ethereum Virtual Machine (EVM) compatible, enabling developers to deploy their decentralized applications (Dapps) at a meager cost. Its use of oracle integrations that Chainlink and Band Protocol support ensures that users can easily access price feeds of Defi products with ease.

The Fantom network uses the Lachesis consensus mechanism as one of its technologies to ensure the platform’s security. Lachesis’s features include near-instant finality, leaderless, asynchronous and Byzantine fault-tolerant.

Currently, the Fantom blockchain can carry out 10,000 transactions per second (TPS) though the team plans to increase its capacity to 300,000 soon. Transfers within the Fantom network cost about 0.000061 FTM to be completed.

Fantom (FTM) Current Market Status

The maximum supply of Fantom (FTM) is 3,715,000,000 FTM while its circulating supply is 2,545,006,273 FTM according to CoinMarketCap. At the time of writing, FTM is trading for $0.267, representing 24 hours decrease of 0.22%. The trading volume of FTM in the past 24 hours is $81.19 million, representing a 24.69% increase.

Some top cryptocurrency exchanges for trading Fantom (FTM) are Binance, Kucoin, Huobi Global, Gate.io, FTX and others.

Now that you know what FTM is and its current market status, we shall discuss the price analysis of Fantom (FTM) for 2022.

Fantom (FTM) Price Analysis 2022

Currently, FTM is ranked in the 62nd position on CoinMarketCap. Will developments and upgrades within the Fantom community lead to a rising price of Fantom (FTM)? We shall see in this CoinEdition price analysis 2022 article.

Fantom (FTM) Price Analysis – Keltner Channel

FTM/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)
FTM/USDT 1Day Chart Showing Keltner Channel (Source: Tradingview)

Keltner Channel is a technical analysis indicator used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for Fantom (FTM), it could be seen that the present bullish run could continue since the recent candlesticks are within the first half of the chart from the bottom. Also, since the last candlestick is bullish, the present increase in the price of FTM might be sustained before any reversal would be expected.

Fantom (FTM) Price Analysis – Relative Strength Index

FTM/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)
FTM/USDT 1Day Chart Showing Relative Strength Index (Source: Tradingview)

The Relative Strength Index (RSI) is a technical analysis indicator that measures the relative momentum in the magnitude and speed of recent price changes of an asset to deduce if it is an oversold or overbought asset. The RSI value of Fantom (FTM) 1day chart of FTM/USDT is 38.88.  This shows that FTM is showing a weak trend between 30 and 50. This value could trigger a further bullish run if more buyers could be attracted to gain from the expected price increase to the 50 RSI value, which is the strong trend region, before any price correction soon.

Fantom (FTM) Price Analysis – Moving Averages

FTM/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)
FTM/USDT 1Day Chart Showing 200-MA and 100-MA (Source: Tradingview)

The chart above shows the 1Day chart of FTM 200-day and 100-day Moving Average (MA). FTM is on a bullish trend, as indicated in the recent uptrend. Since the 200-MA is above the 100-MA, we can deduce that the price is bullish for long-term hodlers.

Also, since the gap between the moving averages is wide and above the recently formed candlesticks, the price of Fantom (FTM) might experience a significant rise or fall in the future.

Fantom (FTM) Price Prediction 2022

FTM/USDT 1Day Chart (Source: Tradingview)
FTM/USDT 1Day Chart (Source: Tradingview)

Looking at the daily chart of FTM/USDT, the FTM price was swinging from $0.714 resistance2 to $0.470 resistance1 after touching the support level at $0.136. It reversed from the support level of $0.136 and now going sideways in the market and is expected to be bullish in the coming weeks.

Meanwhile, our long-term FTM price prediction for 2022 is bullish since it cannot break the present support level soon. We can expect FTM to reach $4 in 2022.

Fantom (FTM) Price Prediction-Resistance and Support Levels

FTM/USDT 1Day Chart (Source: Tradingview)
FTM/USDT 1Day Chart (Source: Tradingview)

This bullish chart shows that the price of FTM has decreased by 29.6% in the past 30 days. If this price decrease reverses, FTM could break the $0.470 resistance1 level and move higher to $3.367 at the resistance10 level and even higher, the bullish signal for 2022.

However, if sellers have their way, the price of FTM might be dethroned from its present uptrend position. In simpler terms, FTM might trend below the $0.136 support level and even lower in 2022, a bearish signal.

Fantom (FTM) Price Prediction 2023

If the value of the FTM’s relative strength index (RSI) is at least 65, by the end of 2022, the bulls and investors will be in charge. This could spill over into the first half of 2023, which could make the price of Fantom (FTM) trade around $8 by the end of 2023.

Fantom (FTM) Price Prediction 2024

The positive sentiment with the news of Bitcoin halving could directly impact the price of FTM. Since 2024 is a year of Bitcoin halving, and most cryptocurrencies respond in the same trend as Bitcoin, we could see the cost of FTM trade at $15 by the end of 2024.

Fantom (FTM) Price Prediction 2025

By the end of 2025, the price of Fantom (FTM) could rise to $35. This is because of the price surge a year after Bitcoin halved. Also, considering that more developments will be introduced into the FTM platform to ensure that more decentralized applications are launched, this price target could be attained.

Fantom (FTM) Price Prediction 2026

With the number of FTM hodlers on the increase and the growing sentiment about cryptocurrencies, FTM has the possibility of holding most of its recent gains and consolidating. Hence, the price of FTM could trade around $30 by the end of 2026 due to the bear market that serves as a market correction after a strong bullish run.

Fantom (FTM) Price Prediction 2027

By the end of 2026, most investors will be preparing for a possible trend reversal in the direction of the bulls. This is due to the possibility that the market has attained its minimum support level. The price of FTM could surge to $40 by the end of 2027.

Fantom (FTM) Price Prediction 2028

In 2028, there will be Bitcoin halving. Hence, the consolidating market in 2027 could be followed by a bullish run. This is due to the impact of news surrounding any year of Bitcoin halving. Therefore, the market could attain a higher high-value Fantom (FTM) that could hit $70 by the end of 2028.

Fantom (FTM) Price Prediction 2029

By 2029, there could be much stability in the price of most cryptocurrencies that had stayed for over a decade. This is due to implementing some lessons learnt to ensure their investors retain the project’s confidence. This impact, coupled with the price surge that follows a year after Bitcoin (BTC) halving, could surge the price of FTM to $130 by the end of 2029.

Fantom (FTM) Price Prediction 2030

The cryptocurrency market experienced high stability due to early investors holding activities so as not to lose the future gains in the price of their assets. We could expect the price of Fantom (FTM) to trade around $150 by the end of 2030, irrespective of the previously bearish market that followed a market surge in the earlier years.

Conclusion

As said above, FTM might reach $4 in 2022 and $150 by 2030 if investors have decided that FTM is a good investment, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

What is Fantom (FTM)?

FTM is the native token of the Fantom blockchains that enables the development of decentralized applications.

How to buy Fantom (FTM) Token?

Like other cryptocurrencies, Fantom (FTM) can be traded in cryptocurrency exchanges like Binance, Huobi Global, FTX, Kucoin, Gate.io, and others.

Will FTM Token surpass its present ATH?

FTM has a low possibility of surpassing its present all-time high (ATH) price of $3.48 in 2022.

When was FTM launched?

It was launched in 2018.

What will be the Fantom (FTM) price by 2023?

Fantom (FTM) price is expected to reach $8 by 2023.

What will be the Fantom (FTM) price by 2024?

Fantom (FTM) price is expected to reach $15 by 2024.

What will be the Fantom (FTM) price by 2025?

Fantom (FTM) price is expected to reach $35 by 2025.

What will be the Fantom (FTM) price by 2026?

Fantom (FTM) price is expected to reach $30 by 2026.

What will be the Fantom (FTM) price by 2027?

Fantom (FTM) price is expected to reach $40 by 2027.

What will be the Fantom (FTM) price by 2028?

Fantom (FTM) price is expected to reach $70 by 2028.

What will be the Fantom (FTM) price by 2029?

Fantom (FTM) price is expected to reach $130 by 2029.

What will be the Fantom (FTM) price by 2030?

Fantom (FTM) price is expected to reach $150 by 2030.

Disclaimer: The views and opinions, as well as all the information shared in this price prediction, are published in good faith. Readers must do their research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and affiliates will not be held liable for direct damage or loss.

 

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