{"id":377981,"date":"2024-03-21T04:30:09","date_gmt":"2024-03-20T23:00:09","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=377981"},"modified":"2024-03-20T21:00:48","modified_gmt":"2024-03-20T15:30:48","slug":"fantom-outruns-bear-market-with-a-12-surge-next-stop-1","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/fantom-outruns-bear-market-with-a-12-surge-next-stop-1\/","title":{"rendered":"Fantom&#8217;s price sees 12% hike &#8211; $1 on the cards for FTM&#8217;s prediction?"},"content":{"rendered":"<ul>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">The bull rally might allow FTM to touch $1.09 soon.<\/span><\/em><\/li>\n<li style=\"font-weight: 400;\"><em><span style=\"font-weight: 400;\">Fantom\u2019s network activity also remained high throughout the last month.<\/span><\/em><\/li>\n<\/ul>\n<p><a href=\"http:\/\/ambcrypto.com\/predictions\/fantom-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fantom [FTM]<\/span><\/a><span style=\"font-weight: 400;\"> performed surprisingly well in the last 24 hours as it registered double-digit growth. While the token\u2019s price gained bullish momentum, the blockchain\u2019s network activity also increased last month, thanks to several developments in its ecosystem.\u00a0<\/span><\/p>\n<h4><b>Fantom bulls are here<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">While the overall crypto market remained under bears\u2019 influence, Fantom chose to move the other way around, as its weekly and daily charts were green. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/fantom\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">CoinMakretCap<\/span><\/a><span style=\"font-weight: 400;\">, FTM was up by over 17% in the last week. Additionally, in the last 24 hours alone, the token\u2019s value surged by over 12%. At the time of writing, FTM was trading at $0.9659 with a market capitalization of over $2.7 billion, making it the 44th largest crypto. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to the price uptick, the cryptocurrency market started to talk about Fantom, which was evident from the spike in its social volume. Bullish sentiment around the token also went up as its weighted sentiment shot up.\u00a0<\/span><\/p>\n<figure id=\"attachment_377982\" aria-describedby=\"caption-attachment-377982\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024.png\"><img decoding=\"async\" class=\"wp-image-377982 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024.png\" alt=\"Fantom's social metrics increased\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.19.45-20-Mar-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-377982\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, though social metrics looked bullish, investors might have chosen to sell FTM at a profit. AMBCrypto\u2019s analysis of Santiment\u2019s data revealed that FTM\u2019s supply of exchanges rose while its supply outside of exchanges sank. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This clearly indicated that selling pressure on the toke was increasing. Moreover, whales were also not actively trading FTM, as its supply held by top addresses remained relatively flat last week.\u00a0<\/span><\/p>\n<figure id=\"attachment_377983\" aria-describedby=\"caption-attachment-377983\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024.png\"><img decoding=\"async\" class=\"wp-image-377983 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024-2048x693.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Fantom-FTM-14.22.30-20-Mar-2024-1200x406.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-377983\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<h4><b>Will this trend last?<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">We then took a look at Fantom\u2019s liquidation heatmap to find the next possible target if the bull rally lasts. We found that a substantial amount will be liquidated when its price touches $1.09.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Therefore, the chances of FTM witnessing a slight price correction at that level could be expected.\u00a0<\/span><\/p>\n<figure id=\"attachment_377984\" aria-describedby=\"caption-attachment-377984\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM.png\"><img decoding=\"async\" class=\"wp-image-377984 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM.png\" alt=\"\" width=\"2560\" height=\"1282\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM-300x150.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM-1024x513.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM-768x385.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM-1536x769.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM-2048x1025.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.24.46\u202fPM-1200x601.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-377984\" class=\"wp-caption-text\">Source: Hyblock Capital<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">To see whether FTM will manage to hit that level, we analyzed its daily chart. As per our analysis, the Chaikin Money Flow (CMF) registered a slight uptick. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The MACD also displayed a bullish advantage in the market, suggesting that the possibility of FTM touching $1.09 was high.\u00a0<\/span><\/p>\n<figure id=\"attachment_377986\" aria-describedby=\"caption-attachment-377986\" style=\"width: 2308px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22.png\"><img decoding=\"async\" class=\"wp-image-377986 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22.png\" alt=\"\" width=\"2308\" height=\"1516\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22.png 2308w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22-300x197.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22-1024x673.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22-768x504.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22-1536x1009.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22-2048x1345.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/FTMUSDT_2024-03-20_14-26-22-1200x788.png 1200w\" sizes=\"(max-width: 2308px) 100vw, 2308px\" \/><\/a><figcaption id=\"caption-attachment-377986\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<h4><b>Network activity is stable\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">While the token\u2019s price gained bullish momentum, Fantom\u2019s network activity remained high. AMBCrypto\u2019s analysis of Artemis\u2019 data pointed out that the blockchain\u2019s daily active addresses remained relatively high last month. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Thanks to the high number of active addresses, its daily transactions also remained pretty high.\u00a0<\/span><\/p>\n<figure id=\"attachment_377987\" aria-describedby=\"caption-attachment-377987\" style=\"width: 2344px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM.png\"><img decoding=\"async\" class=\"wp-image-377987 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM.png\" alt=\"Fantom's network activity was high\" width=\"2344\" height=\"918\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM.png 2344w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM-300x117.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM-1024x401.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM-768x301.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM-1536x602.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM-2048x802.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/03\/Screenshot-2024-03-20-at-2.40.37\u202fPM-1200x470.png 1200w\" sizes=\"(max-width: 2344px) 100vw, 2344px\" \/><\/a><figcaption id=\"caption-attachment-377987\" class=\"wp-caption-text\">Source: Artemis<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Read <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/fantom-price-prediction\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Fantom\u2019s [FTM] Price Prediction<\/span><\/a><span style=\"font-weight: 400;\"> 2024-25<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Fantom Insider recently posted a <\/span><a href=\"https:\/\/twitter.com\/fantom_insider\/status\/1769891584588619977\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">tweet<\/span><\/a><span style=\"font-weight: 400;\">, highlighting the developments around FTM that might have contributed to its high network activity. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">During the last week, FTM\u2019s Fantom Money Market, a lending and borrowing platform, reached over $340k in staking TVL. Moreover, 0xGasless, a multichain gasless infrastructure, also went live on the Fantom blockchain.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fantom decoupled from the market as its daily and weekly charts were green.<\/p>\n","protected":false},"author":75,"featured_media":377994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-377981","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fantom&#039;s price sees 12% hike - $1 on the cards for FTM&#039;s prediction? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Fantom [FTM] performed surprisingly well in the last 24 hours as it registered double-digit growth, which was unlike other cryptos\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/fantom-outruns-bear-market-with-a-12-surge-next-stop-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fantom&#039;s price sees 12% hike - $1 on the cards for FTM&#039;s prediction? 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