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<p>Amid the ongoing crypto volatility, the altcoin market has gained significant traction over the past few days. Notably, top altcoins such as Fantom have surged ~80% over the 30 days, indicating a strong bullish outlook.</p>   
<p>Will Fantom Price maintain its bullish price action and achieve the $2 mark this year? In this article, we have uncovered the short-term market sentiments and possible price targets of the Fantom (FTM) crypto token.</p>   
<h2 class="wp-block-heading" id="h-ftm-price-forms-a-rising-channel-pattern">FTM Price Forms A Rising Channel Pattern!</h2>   
<p>The Fantom token has added 5.34% to its portfolio in 24 hours with a trading volume of $404.112 million. Despite recording a drop of 4.76% over the past week, this altcoin has surged ~80% in 30 days and has a YTD return of 169.22%.</p>   
<figure class="wp-block-image size-large">
 <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/14174153/Fantom-Price-Analysis-14th-December-2024-1024x540.webp" alt="Fantom Price Forms A Rising Channel Pattern!" class="wp-image-393205">
 <figcaption class="wp-element-caption">
  TradingView: FTM/USDT
 </figcaption>
</figure>   
<p>The Simple Moving Average (SMA) supports the Fantom price chart in the longer time frame, suggesting a strong bullish price action for the FTM crypto token.</p>   
<p>The Relative Strength Index (RSI) records a sharp decline below the overbought range in the daily time frame. However, the average trendline continues hovering around the overbought range. This highlights a mixed price sentiment for the altcoin in the crypto market.</p>   
<h2 class="wp-block-heading" id="h-how-high-will-ftm-price-go">How High Will FTM Price Go?</h2>   
<p>If the bullish sentiment intensifies, the Fantom price could retest its resistance level of $1.40 this weekend. Maintaining the price above that level could set the stage for this altcoin to head toward its upper price target of $1.60.</p>   
<p>Conversely, if a trend reversal occurs, the FTM coin price could retest its support level of $1.20. Furthermore, if the bears gain dominance, this may result in this crypto token plunging toward its lower support level of $1 this month.</p>   
<p>To find out answers to questions like, Will Fantom price hit $10? Read our <a href="https://coinpedia.org/price-prediction/fantom-ftm-price-prediction/" target="_blank" rel="noreferrer noopener">Fantom price prediction</a>. Also, subscribe to CoinPedia to stay updated on the latest cryptocurrency news!</p>   
<h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
<div class="schema-faq wp-block-yoast-faq-block">
 <div class="schema-faq-section" id="faq-question-1734178167422">
  <strong class="schema-faq-question"><strong>Can Fantom reach 2$?</strong></strong> 
  <p class="schema-faq-answer">If the bullish sentiment sustains, the FTM coin price could surpass the $2 mark and close the year 2024 with an annual high of $2.22.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734178168246">
  <strong class="schema-faq-question"><strong>How much will FTM coin cost in 2030?</strong></strong> 
  <p class="schema-faq-answer">With increased adoption, this altcoin may reach a maximum price of $11.54 during that year.</p> 
 </div> 
 <div class="schema-faq-section" id="faq-question-1734178169022">
  <strong class="schema-faq-question"><strong>How much is Fantom today?</strong></strong> 
  <p class="schema-faq-answer">With an intraday jump of 5.34%, the FTM price is currently exchanging hands at $1.2692.</p> 
 </div> 
</div>

Fantom Price Eyes To Hit $2 With A Breakout Rally Next Week?

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