Fantom (FTM) price is down over 12% in the last 24 hours as the network transitions to its new token, Sonic. This sharp decline has intensified FTM's ongoing downtrend, with technical indicators like the ADX highlighting strengthening bearish momentum.

Fantom, now rebranded as Sonic Labs, has finally launched the Sonic Protocol, a high-throughput, EVM-compatible layer-1 blockchain platform, on the mainnet. This launch is designed to offer developers attractive incentives and powerful infrastructure to build functional Decentralized Applications (DApps).

A crypto analyst on TradingView, known as ‘Tradecitypro,' has published a detailed Fantom (FTM) report, breaking down the cryptocurrency's price action across the daily and 4-hour timeframe. After accurately predicting Fantom‘s surge above $1, the analyst highlights key price levels, market trends, potential price movements, and bullish technical indicators for FTM's next parabolic trend.

Fantom (FTM) is showing promising signs of recovery as it gears up for a major upgrade. The cryptocurrency recently surged by 16% on December 15 in anticipation of its rebranding and the rollout of the Sonic mainnet.

Bitcoin (BTC) surged past $107,000, reaching a new all-time high of $107,780 after President-elect Donald Trump reiterated his plans to create a US Bitcoin strategic reserve similar to the country's strategic oil reserves. BTC is up 2.42% over the past 24 hours and 10% over the past week as its post-election rally continues.

Whales accumulated 24M FTM tokens ahead of the Sonic upgrade.

The markets began the weekly trade on a bullish note after the price of Bitcoin recorded a new ATH above $106.6K. This triggered a massive upswing in some altcoins, while others chose to trade within a narrow range.

The cryptocurrency market witnessed a significant upswing on December 16, with Bitcoin (BTC) hovering around $105K at press time. Earlier, BTC reached an all-time high of $106,400. The broader market followed suit, as major altcoins, including Ethereum (ETH), XRP, and Solana (SOL), recorded steady gains.

Today, the crypto prices reflect bullish momentum as Bitcoin (BTC) touched a historic all-time high of $106K. Major altcoins like Ethereum (ETH), XRP, and Solana (SOL) also witnessed gains over the last 24 hours.

Fantom (FTM) aims for $1.40 as bullish patterns and metrics fuel its momentum.

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.

Crypto whales are once again making bold moves in the altcoin market, showing possible changes in their investment strategies. According to Spotonchain, a blockchain analytical platform reported that it appears that these whales' strategies have changed from what they accumulated in previous weeks.

Bitcoin (BTC) reported another plunge below $95,000 late on Tuesday, falling to a low of $94,435 before recovering and climbing back above $97,000. The cryptocurrency is up marginally over the past 24 hours, trading around the $97,500 mark.

Bitcoin's consolidation in the $100,000 range is giving traders an opportunity to take a closer look at DOGE, SUI, PEPE and FTM.

The Open Interest of FTM moved higher, arm in arm with the price.

Fantom (FTM) has been experiencing a significant price surge recently, marking a notable recovery from its recent low of $0.64. After breaking through key resistance levels, FTM's price has soared by 85%, positioning itself for a potential move towards $1.68.

FTM is showing strong signs of a potential breakout, with both technical indicators and market sentiment pointing toward a bullish trajectory.

FTM's price surged significantly, breaking above a key weekly support level on the charts.

Fantom (FTM) is drawing significant attention as one of the day's top gainers, with its value surging 133.04% over the past 30 days. This impressive growth is supported by a strengthening trend, as indicated by the ADX climbing sharply to 35.6, signaling strong momentum behind the uptrend.

Bitcoin (BTC) continued to trade in a range, oscillating between $94,000 and $98,000, maintaining its price over the past ten days, even though other prominent cryptocurrencies registered substantial gains.

Fantom (FTM) price performance is in the spotlight as Sonic Labs just scored a major launch milestone. The startup announced earlier on Monday that it has achieved the Genesis Block for its next-generation smart contract chain.

A recent technical analysis on TradingView has drawn attention to the Fantom price, with a projected 18,000% increase to reach $150 by 2025. Ultra-bullish predictions are common in the crypto market, but this one is exceptionally optimistic for Fantom.

Historically, December has been a strong month for the crypto market, and December 2024 could follow that trend, particularly for altcoins. BeInCrypto has identified key altcoins to watch as the year comes to a close.

A widely followed crypto analyst thinks one Solana (SOL) challenger is gearing up for more rounds of upside bursts. Pseudonymous analyst Altcoin Sherpa tells his 232,200 followers on the social media platform X that Sei (SEI) looks bullish after breaking out of a rounding bottom pattern on the weekly chart.

Whales consistently play a significant role in shaping crypto market prices, making it worthwhile to track their buying activity for potential gains.

Fantom (FTM), one of the standout performers in the cryptocurrency market, has surged an impressive 60% over the past week, propelling its market capitalization above the $3 billion mark. This surge has caught the attention of traders and analysts alike, as the altcoin's rally has outpaced some of the biggest names in the market, including Ethereum (ETH), Solana (SOL), and Avalanche (AVAX).

Fantom (FTM) has been on a remarkable rally this week, with its price climbing by 8%, following an impressive 43% surge just the week before. As Bitcoin (BTC) begins to recover from recent dips, many altcoins, including Fantom, are experiencing significant upward momentum.

As Bitcoin ($BTC) stalls at the $100,000 crossroads, certain altcoins are at the brink of breakouts. $BNB, $NEAR, and $FTM are at this juncture.

Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. Sonic Mainnet Launch Fantom is set to launch its Sonic mainnet in December 2024, marking a major upgrade to improve the networks performance.

Fantom crypto (FTM) surges 60%, leaving competitors behind. But will its rally last?

Fantom price has been on a roll with 60% gains on the weekly chart. Smart contract platform Fantom's native cryptocurrency FTM gained another 10.69% in the last 24 hours, shooting past an important milestone of $1.

Fantom's FTM emerged as the leading gainer among the top 100 cryptocurrencies by market cap amid community hype regarding the launch of its Sonic mainnet and a significant rise in whale investment.

The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.

In this article, we look at the latest news of the Thena, Fantom, and Helium projects, and then move on to the chart analysis of the respective crypto.

The crypto market today has been showing mixed signals, with a significant decline in the prices of numerous cryptocurrencies. The global crypto market cap is presently down by 1.89% in the past 24 hours, taking the numbers to $3.19 trillion.

The cryptocurrency market experienced a bearish trend on November 27, with major tokens like Bitcoin, Ethereum, Solana, and XRP seeing significant losses. However, Fantom and Algorand stood out, recording notable gains amidst the market turbulence. BTC, ETH, SOL, and XRP tokens decline The total crypto market cap has dropped by 2%, standing at $3.

Despite a price correction across the cryptocurrency landscape, Fantom (FTM) is making waves as it leads the market with an impressive price surge of over 10%. With this notable increase in the past 24 hours, FTM is currently trading near $1.05.

Fantom (FTM) price has risen in the last 24 hours, outperforming a declining market. Its ADX has surged to 47, signaling strong trend momentum, and historical data suggests it could rise even further.

Fantom coin price has been on an ascent, gaining 45 percent in a week that has seen BTC gain a measly 3 percent. What's behind the surge?

As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.

Fantom (FTM) price has been on an impressive bullish run, gaining significant traction in recent weeks. In November alone, the cryptocurrency surged by 47.36%, marking its highest level in over eight months. As the Fantom price broke through critical resistance levels, it reached the $1 mark, with some analysts predicting further upside toward $1.

Fantom's impressive November rally has brought attention to critical price levels. With a surge in MVRV ratio and a breakout from technical patterns, key resistance levels could determine the next phase for FTM.

Story Highlights The FTM price retests the $1 mark and has soared 47.36% this month. The technical indicators record a potential bullish reversal. Increased buying pressure could push the price beyond the $1 mark. The Fantom token has achieved an 8-month high with its recent price surge.

An MVRV ratio of 1.59 shows that Fantom is fairly priced, but a break above 2 could make it overvalued.

Despite the sudden increase in volatility in the crypto market, as Bitcoin struggles to eclipse the $100,000 barrier, the altcoins are sustaining a bullish trend. The FTM price has increased nearly 35% over the past 7 days and has reached a market cap of $2.7 billion.

Fantom surges 20%, breaking out of consolidation and eyeing major resistance at $1.14.

The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.

Fantom (FTM) has been moving through a volatile price cycle recently, despite the broader cryptocurrency market's continued uptrend. Over the past two days, FTM experienced a significant 14% drop, drawing attention from traders and analysts alike.