FTM (Fantom) forecast for 2024 year

Welcome to the crypto site. My name is Victor, and today: FTM (Fantom) forecast for 2024 year. Join the discussion on the topic – CryptoViktor.

FTM (Fantom) forecast

On the CryptoViktor crypto blog, we will be looking at the FTM cryptocurrency, which is part of the Fantom platform. Here is my analysis of this cryptocurrency, which includes fundamental aspects, technical analysis, as well as my predictions for the future.

Fundamental analysis and FTM news
Fantom is a high-performance blockchain platform that uses DAG-based consensus algorithms to provide high speed and scalability. One of the key advantages of Fantom is its compatibility with Ethereum, which opens up many opportunities for developers.

FTM technical analytics
Technical analysis of FTM shows the possibility of price growth, especially after the last correction. The price is currently hovering around $0.5, but with the potential for further growth if the overall market trend remains positive.

My prediction for 2024 (not advice)
For 2024, I feel optimistic about FTM, especially if the platform continues to introduce new innovations and expand its ecosystem. The price could reach $1.5-$2, which is significantly higher than current levels.

Bitcoin forecast, BTC (Bitcoin)

As always, the dynamics of Bitcoin play a significant role in determining market sentiment in general, including FTM. Positive changes in the price of Bitcoin can have a positive impact on all altcoins, including Fantom.

This video provides an overview of the potential of FTM, its technical and fundamental aspects. Using this information can help investors make informed decisions about including FTM in their portfolio