Phantom Price Prediction: How FTM Could Perform from 2025 to 2028 | by 36Crypto | Coins | December 2024
Fantom (FTM), a decentralized platform designed for building high-speed and scalable decentralized applications (DApps), is steadily gaining prominence in the blockchain industry. Founded in 2018 by Dr. Byeong-ik Ahn, Fantom aims to overcome the limitations of existing blockchain platforms such as Bitcoin and Ethereum, especially slow transaction times and scalability issues.
Fantom utilizes a unique data structure, Directed Acylic Graph (DAG), to represent transactions as vertices of a graph rather than a linear chain, enabling faster and more efficient processing.
As the platform’s native token, FTM is essential to the ecosystem. This strengthens governance, ensures network security, and rewards validators. Users can stake FTM, participate in governance decisions, make payments, and pay transaction fees.
Fantom solves the “blockchain trilemma” of balancing decentralization, security, and scalability through an innovative proof-of-stake consensus mechanism called Lachesis. This positions FTM as the core. Decentralized Finance (DeFi) players.
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Bollinger Bands are a technical analysis tool consisting of three lines: upper band, middle band (moving average), and lower band. These bands expand and contract based on market volatility.
Expansion indicates increased volatility and potentially significant price movement, while contraction indicates decreasing volatility and limited price movement.
Bollinger Bands are extended for FTM, indicating the potential for notable price movements. This expansion means traders should expect increased volatility, which could lead to significant price increases or decreases.
Monitoring these bands can provide valuable insight into market behavior in FTMs, helping traders make informed decisions.
The Relative Strength Index (RSI) measures the speed and change in price movements to assess whether an asset is overbought or oversold.
RSI 70 and above indicates: An overbought condition means that the asset may be overvalued due to excessive buying.
An RSI below 30 is oversold and indicates that the asset may be undervalued due to excessive selling.
FTM’s latest RSI readings suggest steady demand and values remain in the neutral zone. This balance indicates that FTM is neither overbought nor oversold and reflects stable market sentiment.
Traders can use RSI readings to gauge momentum and identify potential trend reversals.
Moving Average Convergence and Divergence (MACD) is a momentum indicator that shows the relationship between two moving averages of an asset’s price.
Positive MACD values indicate bullish momentum, while negative values indicate bearish momentum.
FTM’s MACD recently crossed the MACD signal line with a positive value of 0.118. Traders often view these bullish crossovers as signals of a potential price increase.
However, it is prudent to wait for further confirmation, such as a larger green spike in the histogram, before making any important trading decisions.
Based on technical analysis and market trends, the expected price range for FTM from 2025 to 2028 is as follows:
By the end of 2025, FTM is expected to experience significant growth, potentially reaching an average price of $2.5. This forecast assumes that FTM continues to respect the current uptrend line and makes higher lows.
If the bullish momentum continues, the token could test a maximum price of $3.2. However, if the bears prevail, FTM may find support for at least the $1.5 price.
In 2026, the market could experience a bearish correction after a prolonged bull market. This could cause the price of FTM to fall, bringing the average transaction value to around $1.80.
If selling pressure intensifies, the minimum price could drop to $0.75. This period may present a buying opportunity for long-term investors looking to accumulate FTM at lower prices.
By 2027, the market is expected to recover from the previous recession, leading to consolidation and stabilization. The price of FTM may stabilize at an average of $2.85.
This step reflects cautious optimism among traders and could set the stage for future growth as confidence returns to the market.
2028 is likely to see significant gains due to expectations of Bitcoin’s halving event, which has historically had a positive impact on cryptocurrency markets.
FTM could benefit from renewed investor interest and increased market activity, potentially reaching an average price of $4.0 and testing up to $7.5 if bullish conditions prevail.
- What is Phantom (FTM)?
Fantom is a decentralized platform designed for high-speed and scalable applications by leveraging a unique Directed Acyclic Graph (DAG) architecture. - How does FTM achieve fast transactions?
FTM uses the Lachesis consensus mechanism, which guarantees near-instant transactions while maintaining security and decentralization. - What are the use cases for FTM?
FTM is used as a means of staking, governance, transaction fee payment, and payment within the Fantom ecosystem. - What is the price prediction for FTM in 2028?
Based on market conditions, FTM is expected to trade at an average price of $4.0, with a potential peak price of $7.5.
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