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Fantom (Migrated to Sonic)

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<p>FTM price is looking to continue its recent price rise based on some technical metrics. AMCryptoAlex’s analysis shows a potential surge for Fantom (FTM), suggesting a target of $2 based on some technical indicators.</p>
<p>The analyst identifies a trendline breakout on the FTM/USDT weekly chart, showing strong upward momentum.</p>
<p>The <a href="https://captainaltcoin.com/fantom-ftm-price-on-the-verge-of-exploding-higher-heres-whats-fueling-it/" target="_blank" rel="noopener noreferrer nofollow">price action shows FTM</a> breaking above a critical diagonal resistance that previously capped its upward movement.</p>
<p>After this breakout, the token executed a retest of the $1.10-$1.25 zone, which has transformed from resistance into support. This price behavior often precedes substantial rallies in crypto markets.</p>
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<h2 class="wp-block-heading" id="structure-confirms-ftm-bullish-outlook">Structure Confirms FTM Bullish Outlook</h2>
<p>The formation of higher highs and higher lows on the chart reinforces the bullish narrative. The clear break above <a href="https://goodcrypto.app/how-to-trade-with-trend-lines-a-full-guide-exemplified-by-good-crypto/" target="_blank" rel="noopener noreferrer nofollow">the trendline</a>, followed by a clean retest, suggests strong buyer interest at current levels. The price structure indicates healthy accumulation, with bears losing control of previous resistance zones.</p>
<p>The technical setup suggests FTM could advance toward the $2 mark, representing a roughly 50% increase from current levels. This target aligns with historical resistance points and appears achievable given the current market structure. The successful retest of support near $1.25 provides a solid foundation for this projected move.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/cardano-ada-vs-near-protocol-near-which-crypto-project-could-explode-in-2025/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA) vs. Near Protocol (NEAR): Which Crypto Project Could Explode in 2025?</a></em></strong></p>
<p>The analyst’s outlook aligns with broader market technicals, suggesting FTM could be positioning for its next major leg up.</p>
<p>Traders watching this setup may focus on closes above local highs as confirmation signals for the anticipated rally to $2, though market conditions and broader crypto sentiment will likely influence the timing and magnitude of any moves.</p>
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<p>The post <a href="https://captainaltcoin.com/fantom-ftm-price-could-rally-50-as-key-support-holds/" rel="noopener noreferrer nofollow">Fantom (FTM) Price Could Rally 50% as Key Support Holds</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Fantom (FTM) Price Could Rally 50% as Key Support Holds

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