$0.68
$-0.06 (-8.33%)
End-of-day quote: 2022-10-17
FTM/USD

Is Fantom on the rise?

No, March 4, 2022 has been on a long-term downswing since Fantom, gaining -59.04 percent. The 200-day trendline is currently -23.94 percent away from the current price, -55.23 percent from the 100-day line, and -64.68 percent from the 50-day line.

EMA 200-day line
EMA 100-day line
EMA 50-day line
SMA 200-day line
SMA 100-day line
SMA 50-day line

The Fantom price prediction for 2023

To get a more accurate idea of what might happen next year, let's take a closer look at the one-year forecast.

There was quite a range of predictions from different analysts about where the price of Fantom would be in 12 months' time. The most optimistic said it could reach $0.79, while the most pessimistic said it could drop to $0.60.

However, the most recent average price target for the next year is $0.68, which is the most significant.

This would represent a potential gain of 0.39 percent.

FTM - Relative Strength Forecast

Fantom has broken the 25 strength line from below on 2022-08-05 and then changed into a strong trend, which thereby generated buy signals that lasted one month. Late Aug 2022 we see how the relative strength rises from below 25 to above 25. Thus, Fantom has been in a buy signal since 2022-08-21.

FTM - Trend Prediction

FTM - Price Volatility Prediction

From 06/01/2022 we see a strong Fantom above the moving average causing rising prices of Fantom. From late Jun 2022 we then see a strong Fantom, which then triggers a buy signal.

FTM - Relative Strength

From 08/13/2022 to 08/14/2022 Fantom was so overbought that this led to a reversal trend. Mid Oct 2022 we then see Fantom developing more and more weakness, which is a sell signal.

FTM - Momentum Forecast

Mid Oct 2022 Fantom left the oversold zone to the upside, which led to a short-term _-val__ change in trend. In October we then see weak volatility for Fantom for a longer period of time which led to negative signals for Fantom.

What Will Happen to Fantom in 2025-2030?

The long-term prospects for Fantom appear to be very good. According to the predictions of 5 different analysts, the value of Fantom is expected to reach $0.69 by March 2025. Furthermore, their five-year forecast predicts that Fantom will be worth $0.69 by 2027. Finally, by 2030, the long-term projection is that Fantom will have a value of $0.70.