Fantom is Predicted to Reach $0.559745 By Feb 04, 2023 – Crypto World Headline

 

 

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  • Fantom is up 4.38% right now towards the US Greenback
  • FTM/BTC elevated by 2.69% right now
  • FTM/ETH elevated by 2.40% right now
  • Fantom is at present buying and selling 15.25% beneath our prediction on Feb 04, 2023
  • Fantom gained 138.47% within the final month and is down -77.28% since 1 yr in the past
Fantom value $ 0.474399
Fantom prediction $ 0.559745 (17.97%)
Sentiment Impartial
Concern & Greed index 61 (Greed)
Key help ranges $ 0.460894, $ 0.428545, $ 0.411667
Key resistance ranges $ 0.510121, $ 0.526999, $ 0.559348

FTM value is anticipated to rise by 17.97% within the subsequent 5 days in response to our Fantom value prediction

Fantom price today is buying and selling at $ 0.474399 after gaining 4.38% within the final 24 hours. The coin outperformed the cryptocurrency market, as the full crypto market cap elevated by 0.64% in the identical time interval. FTM carried out properly against BTC today and recorded a 2.69% achieve towards the world’s largest cryptocurrency.

In response to our Fantom price prediction, FTM is anticipated to succeed in a value of $ 0.559745 by Feb 04, 2023. This may symbolize a 17.97% value improve for FTM within the subsequent 5 days.

FTM Worth Prediction Chart

Buy/Sell Fantom

What has been happening with Fantom within the final 30 days

Fantom has been displaying a optimistic pattern just lately, because the coin gained 138.47% within the final 30-days. The medium-term pattern for Fantom has been bullish, with FTM rising by 97.07% within the final 3 months. The long-term image for Fantom has been damaging, as FTM is at present displaying a -77.28% 1-year value change. On today final yr, FTM was buying and selling at $ 2.09.

Fantom reached its all-time excessive value on Oct 28, 2021, when the value of FTM peaked at $ 3.47. The present FTM cycle excessive is $ 0.498293, whereas the cycle low is at $ 0.164119. FTM has been displaying excessive volatility just lately – the 1-month volatility of the coin is at 28.69. Fantom recorded 22 inexperienced days within the final 30 days.

Fantom technical evaluation for right now – Jan 30, 2023

The sentiment within the Fantom markets is at present Impartial, and the Concern & Greed index is studying Greed. An important help ranges to look at are $ 0.460894, $ 0.428545 and $ 0.411667, whereas $ 0.510121, $ 0.526999 and $ 0.559348 are the important thing resistance ranges.

Impartial sentiment for Fantom

21 indicators are at present signaling a bullish prediction for Fantom, whereas 9 indicators are displaying a bearish forecast. With 70% of indicators favoring a optimistic prediction. This ends in an total Impartial sentiment for Fantom.

Crypto market is at present experiencing Greed

Presently, the Concern & Greed index is at 61 (Greed), which alerts that traders have a optimistic outlook available on the market. The Concern & Greed index is a measure of sentiment amongst cryptocurrency traders. A “Greed” studying means that traders are at present optimistic concerning the cryptocurrency market, however can be a sign that the market is overvalued. A “Concern” studying, however, alerts that traders are at present hesitant concerning the cryptocurrency market, which doubtlessly represents a shopping for alternative.

Fantom transferring averages & oscillators

Let’s check out what a few of the most vital technical indicators are signaling. We’ll be going by means of key transferring averages and oscillators that can enable us to get a greater thought of how Fantom is positioned out there proper now.

Interval Each day Easy Each day Exponential Weekly Easy Weekly Exponential
MA3 $ 0.469609 (BUY) $ 0.493243 (SELL)
MA5 $ 0.460248 (BUY) $ 0.471949 (BUY)
MA10 $ 0.415333 (BUY) $ 0.434638 (BUY)
MA21 $ 0.351350 (BUY) $ 0.375146 (BUY) $ 0.244915 (BUY) $ 0.297931 (BUY)
MA50 $ 0.270809 (BUY) $ 0.304763 (BUY) $ 0.512354 (SELL) $ 0.492856 (SELL)
MA100 $ 0.243256 (BUY) $ 0.275279 (BUY) $ 0.853571 (SELL) $ 0.603486 (SELL)
MA200 $ 0.261067 (BUY) $ 0.345864 (BUY) $ 0.440414 (BUY) $ 0.549441 (SELL)
Interval Worth Motion
RSI (14) 74.72 NEUTRAL
Stoch RSI (14) 0.00 BUY
Stochastic Quick (14) 76.26 NEUTRAL
Commodity Channel Index (20) 66.67 NEUTRAL
Common Directional Index (14) 67.71 SELL
Superior Oscillator (5, 34) 0.15 NEUTRAL
Momentum (10) 0.15 NEUTRAL
MACD (12, 26) 0.01 NEUTRAL
Williams % Vary (14) -23.74 NEUTRAL
Final Oscillator (7, 14, 28) 56.86 NEUTRAL
VWMA (10) 0.42 BUY
Hull Shifting Common (9) 0.47 SELL
Ichimoku Cloud B/L (9, 26, 52, 26) 0.35 NEUTRAL

The Relative Power Index (RSI 14) is a broadly used indicator that helps inform traders whether or not an asset is at present overbought or oversold. The RSI 14 for Fantom is at 74.72, suggesting that FTM is at present overbought.

The 50-day Easy Shifting Common (SMA 50) takes under consideration the closing value of Fantom during the last 50 days. Presently, Fantom is buying and selling beneath the SMA 50 trendline, which is a bearish sign.

In the meantime, the 200-day Easy Shifting Common (SMA 200) is a long-term trendline that’s calculated by taking a median of the FTM closing value for the final 200 days. FTM is now buying and selling beneath the SMA 200, signaling that the market is at present bearish.

The underside line about this Fantom prediction

After contemplating the above components, we will conclude that the present forecast for Fantom value prediction is Impartial. FTM must improve by 17.97% to hit our $ 0.559745 goal inside the subsequent 5 days. Shifting ahead, will probably be vital to watch the FTM market sentiment, the important thing help and resistance ranges, and different metrics. Nevertheless, we’ve got to take into account that the cryptocurrency markets are unpredictable, and even the most important crypto belongings show loads of value volatility. For long-term Fantom value predictions click on here.