bullish

Show

Fantom (Migrated to Sonic)

Captain

Gains

<p><a href="https://captainaltcoin.com/heres-when-fantoms-token-will-rebrand-to-s-as-ftm-price-pumps-again/" target="_blank" rel="noopener noreferrer nofollow">Fantom (FTM)</a> is showing promising signs of a potential rally, according to an analysis by crypto analyst Captain Faibik. The token, which has been trading within a descending wedge pattern for several months, broke through a key resistance level, indicating a possible shift in momentum.&nbsp;</p>
<p>Based on the positive signals on the chart, Captain Faibik advises Fantom could shortly hit or exceed its all-time high.</p>
<p>Furthermore, Captain Faibik’s chart analysis of Fantom reveals that the crypto has broken out from a descending wedge formation. Usually interpreted as a sign of a positive turnaround, this pattern indicates that the past declining trend has lost strength.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FTM</a> Looks Pretty Solid for Another Bullish Rally..!!<br><br>Expecting New All time High very Soon..<img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f51c.png" alt="🔜" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/FTM?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FTM</a> <a href="https://twitter.com/hashtag/FTMUSDT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#FTMUSDT</a> <a href="https://t.co/UUp0aoCtsH" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/UUp0aoCtsH</a></p>— Captain Faibik <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f43a.png" alt="🐺" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@CryptoFaibik) <a href="https://twitter.com/CryptoFaibik/status/1843544638344331765?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">October 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The breakout occurred when <a href="https://coinmarketcap.com/currencies/fantom/" target="_blank" rel="noopener noreferrer nofollow">FTM’s price</a> pushed above the wedge’s upper boundary, a strong indication that buying pressure is beginning to outpace selling.</p>
<p>This breakout marks a potential turning point for Fantom, which had been trading in a confined range for some time. With the resistance level breached, the outlook for FTM appears positive, supporting the idea of a sustained rally in the coming days or weeks.</p>
<h2 class="wp-block-heading" id="strong-analyst-s-target-range-for-ftm-price-strong"><strong>Analyst’s Target Range for FTM Price</strong></h2>
<p>The price target range identified by Captain Faibik in his analysis is around $1.60 and $1.70. This projection represents a notable increase from current levels. If Fantom continues to build on its recent breakout, hitting this target could be within reach.&nbsp;</p>
<p>The analyst’s prediction is backed by the chart’s bullish momentum, with the green box highlighting the potential price zone FTM might aim for soon.</p>
<p>The ongoing buying activity could push the crypto toward this range, making it one of the key tokens to watch as the market reacts to these new developments.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/sui-price-pumps-but-will-vcs-dump-on-you-analyst-weighs-in/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>SUI Price Pumps, But Will VCs Dump On You? Analyst Weighs In</em></strong><strong><br></strong></a></p>
<h2 class="wp-block-heading" id="strong-potential-for-new-all-time-high-strong"><strong>Potential for New All-Time High</strong></h2>
<p>In his tweet, Captain Faibik expressed optimism about Fantom’s prospects, stating that the token <a href="https://thecryptobasic.com/2024/10/08/fantom-nears-50-fibonacci-breakout-is-1-on-the-bullish-radar/" target="_blank" rel="noopener noreferrer nofollow">looks solid for another bullish rally</a> and may soon reach a new all-time high. This view aligns with the technical analysis, where the breakout suggests a continued uptrend.</p>
<p>While the $1.60–$1.70 target remains a focus, Faibik’s broader expectation points to the possibility that FTM could soon challenge its previous all-time high. If the bullish momentum sustains, this scenario could unfold sooner than expected.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/fantom-ftm-price-set-for-rally-expert-predicts-new-all-time-high-very-soon/" rel="noopener noreferrer nofollow">Fantom (FTM) Price Set For Rally? Expert Predicts New All-Time High ‘Very Soon’</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Fantom (FTM) Price Set For Rally? Expert Predicts New All-Time High ‘Very Soon’

Table of Contents

CaptainAltcoin

Other articles published on Oct 8, 2024

October 11 Is Just the Beginning: Analysts Predict $MBAG Will Reach $1!

October 11: What’s Next for $MBAG After Its Launch?

US Crypto ETFs Surge with $350M in New Inflows

Binance's XRP Holdings Spike: Is Bull Run Back?

Palau introduces blockchain savings bonds with Soramitsu

The Top Three Cryptocurrencies Set To Conclude Q4 With A Striking Network Surge: LNEX, ETH, LINK

Join our free newsletter for daily crypto updates!