Crypto analyst Alex Clay has identified a strong bullish setup for Fantom (FTM), predicting that it could reach double-digit prices. Clay points to the Livermore Accumulation Cylinder pattern, which has been forming for over two years, as an indication of potential price movement. The pattern is characterized by a consolidation phase before a major breakout occurs, often leading to significant price increases. Clay believes that Fantom's chart supports a price target above $10, significantly higher than the current price of $1.19. The chart also shows support levels that have been tested but not broken, along with declining trading volume during the accumulation phase suggesting a potential price surge. Despite some dissenting voices in the market, Clay maintains his bullish stance on Fantom's outlook and suggests that long-term investors could benefit from the current pattern. Confirmation of a breakout above $1.19 in the coming months could define Fantom's trajectory for the future.



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