Key takeaways
- Fantom price prediction suggests an average market price of $1.29 by the end of 2024.
- Holders can anticipate a maximum price of $2.79 in 2027.
- By 2030, FTM might touch $4.50.
Fantom (FTM) is a high-performance blockchain platform designed for decentralized applications (dApps) and smart contracts. Launched in June 2018 by Dr. Ahn Byung Ik and Matthew Hur, Fantom employs a unique consensus mechanism called Lachesis, which utilizes asynchronous Byzantine fault tolerance (aBFT) to achieve rapid transaction processing speeds of up to 300,000 transactions per second while maintaining security and decentralization.
The platform operates on the Fantom Opera blockchain, which is Ethereum Virtual Machine (EVM)-compatible, allowing it to run existing Ethereum smart contracts and develop new ones. This interoperability is enhanced by Fantom’s modular architecture, where each dApp can operate on its own blockchain network, ensuring that performance is not affected by congestion in other areas of the network.
Fantom’s native token, FTM, serves multiple purposes including transaction fees, staking for network security, and governance rights within the ecosystem. The platform is recognized for its scalability, low transaction costs, and energy efficiency, making it an attractive option for developers looking to build decentralized finance (DeFi) applications.
Overview
| Cryptocurrency | Fantom |
| Token | FTM |
| Price | $0.7212 |
| Market Cap | $2.02B |
| Trading Volume | $224M |
| Circulating Supply | 2.80B FTM |
| All-time High | $3.48 on Oct 27, 2021 |
| All-time Low | $0.001953 on March 12, 2020 |
| 24-h High | $0.763 |
| 24-h Low | $0.706 |
Fantom price prediction: Technical analysis
| Volatility | 6.95% |
| 50-Day SMA | $ 0.665723 |
| 14-Day RSI | 54.52 |
| Green Day | 14/30 (47%) |
| Sentiment | Bullish |
| Fear & Greed Index | 69 (Greed) |
| 200-Day SMA | $ 0.599292 |
Fantom price analysis
Fantom price analysis 1-day chart
On November 09, Based on the 1-day chart of Fantom (FTM/USDT), the price is currently at $0.7232. The candlestick chart indicates a recent bullish movement, with the price approaching the upper Bollinger Band at $0.7714, signaling potential resistance. The 20-day Simple Moving Average (SMA) at $0.6681 serves as support, suggesting that the price remains in an upward trend if it stays above this level.
The RSI indicator is at 56.95, implying an overbought condition, with potential for continued upward movement, but caution around resistance is advised for traders.
FTM/USD technical analysis 4-hour chart
On the 4-hour chart of Fantom (FTM/USDT), the current price stands at $0.7230. The recent candlesticks indicate a minor pullback from a recent upward trend, suggesting potential consolidation. The Balance of Power (BoP) indicator is at -0.14, reflecting slight bearish pressure in the short term. The MACD line (0.0250) is above the signal line (0.0265), though the histogram shows a decline in momentum, which may indicate weakening bullish strength.
This setup suggests caution for bullish traders, as short-term bears may exert influence if the price fails to hold the recent support levels near $0.7100. Monitoring MACD crossover potential is advisable.
Fantom technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value | Action |
| SMA 3 | $ 0.727139 | BUY |
| SMA 5 | $ 0.678606 | BUY |
| SMA 10 | $ 0.640973 | BUY |
| SMA 21 | $ 0.669762 | BUY |
| SMA 50 | $ 0.665723 | BUY |
| SMA 100 | $ 0.546698 | BUY |
| SMA 200 | $ 0.599292 | BUY |
Daily exponential moving average (EMA)
| Period | Value | Action |
| EMA 3 | $0.681099 | BUY |
| EMA 5 | $0.692762 | BUY |
| EMA 10 | $0.696307 | BUY |
| EMA 21 | $0.67947 | BUY |
| EMA 50 | $0.619434 | BUY |
| EMA 100 | $0.579765 | BUY |
| EMA 200 | $0.566012 | BUY |
What can you expect from the FTM price analysis next?
Based on the 1-day and four-hour charts of Fantom (FTM/USDT), the price analysis suggests potential consolidation with mild bearish pressure in the short term. On the daily chart, the price approaches resistance at the upper Bollinger Band ($0.7714), indicating that upward momentum may face challenges. The RSI on the daily chart (56.95) indicating overbought condition, with a room for further upward movement.
On the 4-hour chart, indicators like the Balance of Power (-0.14) and MACD histogram’s declining momentum indicate short-term bearishness. Consequently, a pullback to recent support near $0.7100 could occur before any renewed bullish momentum
Is Fantom a good investment?
Fantom is a high-speed, scalable blockchain platform gaining attention as an alternative to networks like Ethereum. Based on our analysis we are optimistic about its growth, projecting a price of $1.30–$1.58 by 2025 and $4.10–$4.50 by 2030. Despite its potential, investing in Fantom involves risks typical of cryptocurrencies, including market volatility. Careful research and an assessment of personal risk tolerance are essential steps for anyone considering Fantom as a potential investment opportunity
Can Fantom rise?
It is projected that by the end of this year, the mean price of Fantom could hit average price $1.29. Looking at a five-year forecast, this cryptocurrency is expected to escalate to $3.28 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 $4.50. 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?
As of October 2023, Fantom is regarded as a secure blockchain platform that utilizes its unique Lachesis consensus mechanism for high-speed and scalable transactions. There have been no major security breaches reported. However, as with any blockchain network, users should exercise caution, use official channels, and follow best security practices to protect their assets.
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 $4.10 and $4.50, 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 November 2024
Fantom’s price remains steady at $0.61 in November, with minimal fluctuation, suggesting a stable market. This consistency indicates that $0.61 will likely serve as the monthly average, reflecting low volatility and balanced trading conditions.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| Fantom price prediction November 2024 | $0.61 | $0.61 | $0.61 |
FTM price prediction 2024
In 2024, Fantom’s price varied, with a minimum price of $0.54 and a maximum price of $1.29, averaging around $1.34. This range reflects periods of both growth and volatility, suggesting dynamic market conditions and potential interest from traders and investors.
| Period | Potential Low ($) | Average Price ($) | Potential High ($) |
| Fantom price prediction 2024 | $0.54 | $1.29 | $1.34 |
Fantom price forecast 2025 – 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | $1.30 | $1.44 | $1.58 |
| 2026 | $1.79 | $2.10 | $2.20 |
| 2027 | $2.33 | $2.61 | $2.79 |
| 2028 | $2.33 | $2.61 | $2.79 |
| 2029 | $2.89 | $3.10 | $3.28 |
| 2030 | $4.10 | $4.38 | $4.50 |
Fantom price prediction 2025
The Fantom price forecast for 2025 indicates a notable increase, with the maximum anticipated price reaching $1.58. Expert analysis suggests an average price of $1.44, while the minimum is projected at $1.30. This rise reflects growing investor interest in the asset.
Fantom price prediction 2026
According to predictions for 2026, Fantom is expected to trade between a minimum of $1.79 and a maximum of $2.20, with an average price of $2.10. This upward trend may result from increased utility and broader adoption within the DeFi space.
Fantom price prediction 2027
In 2027, Fantom’s value is projected to continue rising, with forecasts indicating a minimum price of $2.33 and a maximum price of $2.79. The average price is expected to stabilize around $2.61, reflecting the potential of strong market support and consistent growth.
Fantom price prediction 2028
For 2028, Fantom’s price is predicted to maintain similar levels to 2027, suggesting consolidation. The minimum price is expected at $2.33, with a maximum of $2.79 and an average of $2.61. This stability may signify a period of maturation for Fantom in the market.
Fantom price prediction 2029
By 2029, Fantom is forecasted to resume its upward movement, with a minimum price of $2.89 and a maximum of $3.28. The average price is estimated at $3.10, potentially driven by advancements in Fantom’s technology.
Fantom price prediction 2030
In 2030, Fantom is anticipated to reach new highs, with a minimum price of $4.10 and a maximum forecasted at $4.50, averaging $4.38. This growth could reflect Fantom’s established position within the blockchain industry, solidifying its long-term value.
Fantom market price prediction: Analysts’ FTM price forecast
| Firm Name | 2024 | 2025 |
| Changelly | $0.771 | $0.620 |
| Binance | $ 0.599406 | $ 0.629376 |
Cryptopolitan’s Fantom (FTM) price prediction
Cryptopolitan’s Fantom (FTM) price prediction suggests a positive outlook for FTM, should the market recover. Our analysis projects a maximum price of $0.61 by late 2024 and an average of $1.44 in 2025 if bullish trends support the token.
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.
- On November 03rd, FTM price dropped to $0.60.
