Fantom cryptocurrency forecast (2024-2026)

Fantom cryptocurrency forecast

We forecast Fantom to rise 261.44% to $1.76 by the end of 2026, based on our latest analysis. Technical indicators show bullish sentiment, while the Fear & Greed Index shows extreme fear with a value of 16.51. Our analysis suggests: Now is a good time to consider buying Fantom.

As of 29 February 2024, the majority of technical analyses provide a bullish outlook, despite a mix of bearish signals from other metrics, which overall supports a bullish outlook for the future value of Fantom. Below, highlighting a 26.22% increase over the past 30 days, our detailed price forecast for Fantom shows its potential value in the coming months and years. In the near term, this trend suggests a modest upside.

By the end of February, the value of Fantom had risen by 110.30% to reach a level of around $1.02. With the Fear & Greed Index showing extreme fear at 16.51, the indicators are currently in the bullish zone. Despite our earlier prediction, current conditions suggest that this may not be the optimal time to be buying fantom. Trading below the 200-day simple moving average (SMA) for the last 326 days since 31 December 2024 signals a buying opportunity. This is in line with the SMA trend. The price of Fantom is also below the 50-day SMA, indicating a buy signal.

Forecasts suggest that the 200-day SMA may fall soon. This could bring prices down to $0.31 by year-end. The short-term 50-day SMA suggests a possible price of $0.39 by December 2024 or 2025. FTM’s RSI, a key momentum oscillator, is currently neutral.

Fantom Price Forecast 2024

In early January 2024, Fantom fell to $ 0.52, its first drop below $ 0.31 since January 2021.

Market analysts and investors predict that Fantom will exceed $1.07 by the end of the year, possibly breaking its previous high of $3.48. Fantom is expected to surpass its all-time high of $3.48 and stabilise between $1.03 and $1.07 soon.

As of 29 February 2024, Fantom is trading at $0.49. With a 24-hour volume of 230.84M, it ranks 66th in the cryptocurrency market.

Fantom Price Forecast 2025

Fantom is poised to cross $1.27 by the end of 2025, with its low predicted to range between $1.05 and $1.27. The expected stable price is around $1.15 by the end of the year. Despite volatility and environmental concerns, billionaire investor Tim Draper is confident Fantom will reach $1.27 by late 2025 or early 2026.

Fantom Price Forecast 2026

Looking ahead to 2026, experts are predicting that Fantom will start the year at a price of $1.44 and will reach a price of around $1.76. This is a significant increase on the previous year and marks a remarkable increase in Fantom’s valuation.

About Gary Farrow 7 Articles
Gary Farrow holds a Master's degree in Computer Science. Worked as a software developer for several years. Having taken a great interest in blockchain technologies, now he works only on blockchain projects. Knowing blockchain and cryptocurrencies from the inside, Gary writes informative and useful articles for everyone who is interested in blockchain or just entering this field.