The news article discusses the recent surge in the price of the Fantom (FTM) cryptocurrency, which has seen a 63% increase in just six days, reaching $1.08. This rise is attributed to a surge in network activity, with daily active addresses hitting an 18-month high. However, historical data suggests that similar activity spikes have often preceded price corrections in the past. Analysts caution that if network activity declines, it could create favorable entry points for traders during subsequent dips. The article also mentions the FTM token approaching a crucial resistance zone and highlights various technical factors that could influence its price movement. Additionally, the Relative Strength Index (RSI) is nearing overbought territory, which could indicate slowing momentum. The article concludes by mentioning a bold price target of $15 for the FTM cryptocurrency during the anticipated 2024-2025 bull run, as predicted by crypto analyst Captain Faibik.



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