- Fantom targets $3.0053 after a strong breakout and rising bullish momentum.
- Reduced selling pressure boosts buying interest, signaling potential gains toward $5.79.
- Analysts expect new highs by 2025 as Fantom maintains an upward trend.
Fantom (FTM) has become a standout performer in this bull market. After breaking out from August lows near $0.26, the coin continues to gain momentum. Analysts predict a 102% climb to $3.0053, with potential to rally further toward $5.79. Bulls remain in control, giving FTM a strong push toward new milestones.
Fantom’s Uptrend Gains Strength
Fantom has traded in a steady upward trend, supported by increasing trading volumes since November. The token currently moves within a rising parallel channel, facing occasional resistance but showing resilience. Selling pressure has dropped significantly, allowing buyers to step in and accumulate positions.
Technical indicators suggest a decline in bearish momentum. This shift creates room for Fantom to break above the Bollinger Bands at $1.68. Holding above this level could push prices beyond $2, with a clear path to the $3 target. Breaking $3.0053 may unlock a further 90% rally, bringing prices close to $5.79.
New Highs on the Horizon for Fantom
Fantom’s strong performance sets it apart in a competitive market, suggesting long-term potential. Analysts believe 2025 could mark a new all-time high for the token. The reduced selling pressure, combined with a strong parallel channel, provides a solid foundation for growth.
Bulls remain active, pushing Fantom closer to key price levels that could trigger massive gains. Many investors see FTM as a promising asset for both short-term rallies and long-term potential. With increasing momentum and rising buyer confidence, Fantom appears poised for significant achievements. The current bull run highlights the token’s ability to capture market attention and deliver strong returns.
As FTM moves closer to its targets, the focus remains on whether it can sustain this momentum. Will Fantom continue to lead the charge and cement itself as a powerhouse in the crypto market? The coming months could hold the answer.
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