The article suggests that Fantom (FTM) is showing strong technical indicators that indicate a potential surge in price movement. The current price target is $3.0053, which would represent a 270% increase from its current trading price. Technical analyst Javon Marks believes that FTM is consolidating within a price range and growing momentum is pushing it closer to the $3.0053 level. Breaking above this level could lead to increased trading activity and higher valuations. If FTM successfully breaks above $3.0053, the next price target is $5.7906, highlighting the possibility of extended bullish momentum. The recent price action suggests a recovery from previous lows, supported by increasing trading volume. Breaking above $3.0053 could indicate broader market confidence in FTM and attract more traders and institutional investors.
- Content Editor ( cryptonewsland.com )
- 2025-01-02
Fantom’s Path to $3.0053 Gains Momentum: Here’s the Next Resistance Level