Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Fantom is up 3.51% today against the US Dollar
- FTM/BTC increased by 3.75% today
- FTM/ETH increased by 3.30% today
- Fantom is currently trading 10.48% below our prediction on Jan 03, 2023
- Fantom dropped -5.16% in the last month and is down -91.28% since 1 year ago
Fantom price | $ 0.201979 |
Fantom prediction |
$ 0.225621 (11.70%) |
Sentiment |
Bearish |
Fear & Greed index |
28 (Fear) |
Key support levels | $ 0.193683, $ 0.189631, $ 0.184673 |
Key resistance levels | $ 0.202693, $ 0.207651, $ 0.211703 |
FTM price is expected to rise by 11.70% in the next 5 days according to our Fantom price prediction
According to our Fantom price prediction, FTM is expected to reach a price of $ 0.225621 by Jan 03, 2023. This would represent a 11.70% price increase for FTM in the next 5 days.
FTM Price Prediction Chart
Buy/Sell Fantom
What has been going on with Fantom in the last 30 days
Fantom has been displaying a negative trend recently, as the coin lost -5.16% in the last 30-days. The medium-term trend for Fantom has been bearish, with FTM dropping by -11.03% in the last 3 months. The long-term picture for Fantom has been negative, as FTM is currently displaying a -91.28% 1-year price change. On this day last year, FTM was trading at $ 2.32.
Fantom reached its all-time high price on Oct 28, 2021, when the price of FTM peaked at $ 3.47. The current FTM cycle high is $ 0.260799, while the cycle low is at $ 0.164119. FTM has been displaying low volatility recently – the 1-month volatility of the coin is at 8.34. Fantom recorded 12 green days in the last 30 days.
Fantom technical analysis for today – Dec 29, 2022
The sentiment in the Fantom markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.193683, $ 0.189631 and $ 0.184673, while $ 0.202693, $ 0.207651 and $ 0.211703 are the key resistance levels.
Bearish sentiment for Fantom
10 indicators are currently signaling a bullish prediction for Fantom, while 23 indicators are showing a bearish forecast. With 70% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Fantom.
Crypto market is currently experiencing Fear
Currently, the Fear & Greed index is at 28 (Fear), which signals that investors have a negative outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Fantom moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Fantom is positioned in the market right now.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 0.201890 (BUY) | $ 0.197735 (BUY) | – | – |
MA5 | $ 0.202564 (SELL) | $ 0.200603 (BUY) | – | – |
MA10 | $ 0.202292 (SELL) | $ 0.203472 (SELL) | – | – |
MA21 | $ 0.216030 (SELL) | $ 0.209722 (SELL) | $ 0.238866 (SELL) | $ 0.263009 (SELL) |
MA50 | $ 0.207814 (SELL) | $ 0.214581 (SELL) | $ 0.694336 (SELL) | $ 0.528088 (SELL) |
MA100 | $ 0.215759 (SELL) | $ 0.233937 (SELL) | $ 0.861688 (SELL) | $ 0.636502 (SELL) |
MA200 | $ 0.253553 (SELL) | $ 0.358837 (SELL) | $ 0.438913 (SELL) | $ 0.566417 (SELL) |
Period | Value | Action |
RSI (14) | 40.90 | BUY |
Stoch RSI (14) | 0.00 | BUY |
Stochastic Fast (14) | 16.65 | BUY |
Commodity Channel Index (20) | -66.67 | NEUTRAL |
Average Directional Index (14) | 17.32 | NEUTRAL |
Awesome Oscillator (5, 34) | -0.02 | NEUTRAL |
Momentum (10) | -0.01 | SELL |
MACD (12, 26) | 0.00 | NEUTRAL |
Williams Percent Range (14) | -83.35 | BUY |
Ultimate Oscillator (7, 14, 28) | 52.23 | NEUTRAL |
VWMA (10) | 0.20 | SELL |
Hull Moving Average (9) | 0.21 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.23 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Fantom is at 40.90, suggesting that FTM is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Fantom over the last 50 days. Currently, Fantom is trading above the SMA 50 trendline, which is a bullish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the FTM closing price for the last 200 days. FTM is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Fantom prediction
After considering the above factors, we can conclude that the current forecast for Fantom price prediction is Bearish. FTM would have to increase by 11.70% to hit our $ 0.225621 target within the next five days. Moving forward, it will be important to monitor the FTM market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Fantom price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.