Fantom ($FTM) Crypto Forecast: Down 7.6% Today

What is Fantom?

Fantom (FTM) is a cryptocurrency token known for its fast and secure blockchain platform, aiming to revolutionize smart contracts and decentralized applications.

Why is Fantom going down?

FTM crypto is down 7.6% on Jan 11, 2025 10:45

• The bearish movement in FTM today could be attributed to the suspension of FTM-PERP trading on a popular platform, causing uncertainty and a potential sell-off among investors.
• Despite predictions of a rally or maintaining support levels, the impact of a significant sell-off by a large holder may have outweighed the bullish sentiment.
• Investors might be cautious about the price hitting $1 this month, given the recent market volatility and the potential price dip following the platform's decision.
• Overall, a mix of factors such as exchange-related developments, whale activity, and price forecasts may have contributed to the bearish movement in FTM today.

FTM Price Chart

FTM Technical Analysis

FTM News

Fantom Price Maintains $0.70 Support, Eyes To Hit $1 This Month?

Fantom Price Maintains $0.70 Support, Eyes To Hit $1 This Month?

https://coinpedia.org/price-analysis/fantom-price-maintains-0-70-support-eyes-to-hit-1-this-month/

Can FTM rally beyond $0.65? Watch out for THESE levels

Can FTM rally beyond $0.65? Watch out for THESE levels

https://ambcrypto.com/can-ftm-rally-beyond-0-65-watch-out-for-these-levels/

Fantom (FTM) Climbs 3% While Whale Sell-Off Puts Recovery at Risk

Fantom (FTM) Climbs 3% While Whale Sell-Off Puts Recovery at Risk

https://beincrypto.com/fantom-price-gains-despite-whale-sell/

Fantom (FTM) Poised For 50% Rally, Here’s Why

Fantom (FTM) Poised For 50% Rally, Here’s Why

https://coinpedia.org/news/fantom-ftm-poised-for-50-rally-heres-why/

Coinbase to Suspend FTM-PERP Trading; Price Dip Ahead?

Coinbase to Suspend FTM-PERP Trading; Price Dip Ahead?

https://coinpedia.org/crypto-live-news/coinbase-to-suspend-ftm-perp-trading-price-dip-ahead/

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Fantom Price History

02.00.2025 - FTM Crypto was down 5.2%

• Despite positive news about the growth of the Fantom network and potential price rally, FTM experienced a bearish movement today.
• The announcement of Sonic Labs launching S Tokens and FTM transitioning may have caused uncertainty or profit-taking among investors, leading to the selling pressure and subsequent price drop.
• The market movement could also be influenced by profit-taking after a recent price jump, as seen in the mention of FTM as one of the weekly losers in the crypto market.
• Investors might be closely monitoring the developments surrounding the transition and launch of S Tokens, waiting for more clarity before re-entering the market, contributing to the bearish sentiment.

02.00.2025 - FTM Crypto was up 19.4%

• The announcement of Sonic S Tokens launching across 13 exchanges in January 2025 could have created a positive sentiment in the cryptocurrency market, leading to increased demand for FTM.
• The growth of the Fantom network is seen as a bullish sign for FTM, indicating potential for a price rally in the near future.
• Being listed as one of the top altcoins to consider in 2025 alongside AVAX and ONDO might have attracted more investors to FTM, contributing to its bullish movement.
• The overall dominance of memecoins in the crypto narrative might have indirectly boosted interest in altcoins like FTM, benefiting from the positive market sentiment.

02.00.2025 - FTM Crypto was up 22.4%

• The announcement of Sonic Labs launching S Tokens and transitioning from FTM may have sparked investor interest and confidence in the future of the Fantom network, leading to a bullish movement in FTM.
• The news of FTM being listed as one of the weekly winners in the crypto market could have further boosted investor sentiment and attracted more buyers to the token.
• Speculation about FTM's price rally due to the growth of the Fantom network might have created a positive outlook among traders, contributing to the bullish movement in FTM.
• The anticipation of FTM attracting massive gains in 2025, as mentioned in discussions about top altcoins to consider, could have also driven up demand for the token, resulting in a strong bullish movement.

06.00.2025 - FTM Crypto was down 5.2%

• Despite recent positive developments such as the announcement of Sonic Labs' S Token launch and FTM transition, FTM experienced a bearish movement today.
• The selling pressure coming to a halt and the subsequent 23% price jump could indicate a temporary relief rally after a period of downward pressure.
• The short-term target of $1.47 mentioned previously may have created expectations among investors, leading to profit-taking and contributing to the bearish movement.
• The upcoming launch of Sonic S Tokens across 13 exchanges in January 2025 could be creating uncertainty or market speculation, impacting FTM's price negatively in the short term.

07.00.2025 - FTM Crypto was down 9.3%

• The decline in Fantom's value today may be linked to increased selling pressure, leading to decreases in crucial areas of the token.
• Notwithstanding the bearish trend, a short-term price target of $1.47 hints at a potential recovery.
• Following the cessation of selling pressure, Fantom's price surged by 23%, offering a temporary respite to investors during the prevalent bearish market sentiment.
• Despite the market announcements regarding Sonic Labs launching S Token and Fantom's transition mentioned in various sources, the bearish pressure ultimately dominated the market sentiment.

09.00.2025 - FTM Crypto was up 5.9%

• FTM surged by 23% in a single day, signaling a strong bullish momentum as selling pressure diminished.
• Analysts have set a short-term price target of $1.47 for FTM, reflecting optimistic market sentiment and investor faith in the token.
• The recent launch of the S Token by Sonic Labs and its integration with FTM may have played a role in the token's upward movement by highlighting potential growth prospects and development avenues for Fantom in the future.

05.00.2025 - FTM Crypto was down 5.3%

• The bearish movement of FTM today could be attributed to profit-taking by traders after a recent price surge.
• The announcement of Sonic Labs launching S Tokens and FTM transition may have initially sparked positive sentiment, leading to a price jump.
• However, the subsequent revelation of S Tokens launching across multiple exchanges in the future could have caused uncertainty and selling pressure on FTM.
• Speculation about FTM's price rally based on the growth of the Fantom network might have influenced short-term traders to take profits, contributing to the bearish movement today.

10.00.2025 - FTM Crypto was up 5.9%

• Despite the removal of Fantom trading on a major exchange, FTM surprisingly saw a strong bullish movement today.
• The renewed bearish pressure on Fantom could have initially caused some uncertainty among investors.
• The short-term target of $1.47 for Fantom might have attracted bullish traders looking to capitalize on potential price gains.
• The overall market sentiment and positive developments within the Fantom ecosystem could have contributed to the bullish movement, defying the earlier bearish expectations.

10.00.2025 - FTM Crypto was up 5.1%

• Despite recent developments leading to Coinbase suspending FTM-PERP trading and encountering bearish pressure, Fantom saw a significant bullish movement today.
• The market appears influenced by short-term price targets like $1.47, sparking increased buying activity and driving up the price.
• Speculated price corrections have not materialized, with a prevailing positive sentiment and growing interest in Fantom.
• Investors and traders express optimism regarding Fantom's future potential and technological growth, overlooking short-term concerns.

11.00.2025 - FTM Crypto was up 6.7%

• Despite concerns about a potential whale sell-off, Fantom (FTM) managed to climb 3% today, showing strong bullish momentum.
• The news of Fantom being poised for a 50% rally likely attracted more investors to the token, contributing to its positive price movement.
• Although there were speculations about a price dip due to trading suspension, the market sentiment remained bullish, leading to an upward trend in FTM's price.
• The bearish pressure mentioned in one of the sources did not seem to have a significant impact on Fantom's overall performance today, as the bullish momentum prevailed.

11.00.2025 - FTM Crypto was up 9.9%

• The bullish movement of FTM can be attributed to positive sentiment suggesting a potential 50% rally, which likely attracted investors looking for high returns.
• Despite recent announcements affecting FTM-PERP trading, the token managed to defy expectations and continue its upward trajectory, showcasing resilience in the face of potential setbacks.
• The bearish pressure did not seem to have a lasting impact on FTM, as it quickly recovered and surged towards its short-term target of $1.47 and beyond, indicating strong buying interest and market confidence in the token's future prospects.

11.00.2025 - FTM Crypto was down 7.6%

• The bearish movement in FTM today could be attributed to the suspension of FTM-PERP trading on a popular platform, causing uncertainty and a potential sell-off among investors.
• Despite predictions of a rally or maintaining support levels, the impact of a significant sell-off by a large holder may have outweighed the bullish sentiment.
• Investors might be cautious about the price hitting $1 this month, given the recent market volatility and the potential price dip following the platform's decision.
• Overall, a mix of factors such as exchange-related developments, whale activity, and price forecasts may have contributed to the bearish movement in FTM today.