bullish

Fantom

Captain

<ul class="wp-block-list">
 <li>Fantom (FTM) has breached a descending trendline, signaling bullish momentum and a long-term target of $13.85, a 1,485% upside.</li>  
 <li>FTM has reclaimed $1.00 as support; breaking $1.30 resistance could trigger a strong rally toward historical highs and beyond.</li>  
 <li>Indicators like RSI (52.4) and MACD narrowing suggest potential reversal, supporting the breakout and sustained bullish momentum.</li> 
</ul>  
<p>According to Captain Faibik, Fantom (FTM) has recently <a href="https://x.com/CryptoFaibik/status/1868159200515481757" target="_blank" rel="noopener noreferrer nofollow">breached</a> a descending trendline that extends from its all-time high of $3.50 in 2021. This breakout signals a potential shift from bearish to bullish momentum.&nbsp;</p>  
<p>Currently trading at <a href="https://coinmarketcap.com/currencies/fantom/" target="_blank" rel="noopener noreferrer nofollow">$1.25</a>, the asset has reclaimed the $1.00 mark, a critical psychological and technical level. The long-term upside target stands at $13.85, which reflects a potential 1,485% gain from the breakout zone. The breakout aligns with prior price zones, suggesting a return to historical highs and beyond.</p>  
<h2 class="wp-block-heading" id="key-levels-indicate-potential-for-growth">Key Levels Indicate Potential for Growth</h2>  
<p>Fantom has reclaimed major support near $1.00, with additional support identified at $0.165, a level that has held firm since 2020. This solid foundation has historically enabled multiple <a href="https://cryptofrontnews.com/filecoin-breaks-key-resistance-at-6-50-as-analyst-predicts-bullish-surge-to-30/" rel="noopener noreferrer nofollow">price rebounds</a>. Short-term resistance now lies near $1.3000, a level critical for further upward momentum.</p>  
<figure class="wp-block-image size-large"><img src="https://cryptofrontnews.com/wp-content/uploads/2024/12/Ge0IxlTWYAAFGDV-1-1024x579.jpeg" alt="Fantom (FTM) Reclaims $1.00 Support Eyes Explosive Growth With $13.85 Upside Potential" class="wp-image-7012">
 <figcaption class="wp-element-caption">
  Source: <a href="https://x.com/CryptoFaibik/status/1868159200515481757" target="_blank" rel="noopener noreferrer nofollow">Captain Faibik</a>
 </figcaption>
</figure>  
<p>A breakout above this resistance could trigger a strong rally, with the next significant resistance zone near $13.85. The green projection highlights a measured move derived from the prior range between the descending trendline and long-term support. If buyers maintain control, the market could witness sustained growth toward these levels.</p>  
<h2 class="wp-block-heading" id="indicators-and-market-trends-support-bullish-outlook">Indicators and Market Trends Support Bullish Outlook</h2>  
<p>Technical indicators complement <a href="https://cryptofrontnews.com/chainlink-soars-after-downtrend-breakout-analyst-predicts-bullish-run-to-55/" rel="noopener noreferrer nofollow">the bullish perspective</a>. The RSI, currently at 52.40, suggests balanced momentum, with a rise above 60 likely to indicate stronger buying pressure. The MACD, while showing bearish momentum, exhibits narrowing lines, hinting at a potential reversal.</p>  
<figure class="wp-block-image size-full"><img src="https://cryptofrontnews.com/wp-content/uploads/2024/12/FTMUSDT_2024-12-15_12-37-03-1.png" alt="Fantom (FTM) Reclaims $1.00 Support Eyes Explosive Growth With $13.85 Upside Potential" class="wp-image-7013">
 <figcaption class="wp-element-caption">
  Source: <a href="https://www.tradingview.com/x/PBDdRRjV/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>
 </figcaption>
</figure>  
<p>Weekly price movements show increased buying interest, further validating the breakout. Volume analysis confirms high activity during <a href="https://cryptofrontnews.com/xrp-targets-3-50-bullish-flag-hints-at-major-breakout/" rel="noopener noreferrer nofollow">the upward move</a>, although recent consolidation has seen stable but reduced volume. If momentum persists, Fantom could see a continuation toward the projected $13.85 level. However, a pullback to retest support at $1.00 may temporarily occur, providing analysts an opportunity to confirm the breakout’s strength.</p>

Fantom (FTM) Reclaims $1.00 Support Eyes Explosive Growth With $13.85 Upside Potential

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