Phantom Price Prediction for Today, December 24 – FTM Technical Analysis

If the market can stabilize above the moving averages, the phantom price prediction could continue to see bullish moves.

Phantom prediction statistical data:

• Current Phantom Price – $0.49
• Phantom market capitalization – $1.48 trillion
• Phantom Circulating Supply – 2.8 billion
• Phantom total supply – 3.17 billion units
• Fantom Coinmarketcap Ranking – 51st

FTM/USD market

Main level:

Resistance levels: $0.60, $0.65, $0.70

Support levels: $0.40, $0.35, $0.30

FTM/USD has shown upward momentum in recent days and continues to remain above the 9-day and 21-day moving averages. Additionally, for the phantom price to rise further, the channel cap must be exceeded. Once achieved, traders can expect the upward trajectory to continue.

Phantom Price Prediction: Phantom Price May Rise

Looking at the daily chart, we can see that Phantom price is trying to build positive momentum. Traders can expect a continuation of the bullish trend, targeting the upper boundary of the channel and potentially testing the $0.55 resistance level. Additionally, the 9-day moving average remains above the 21-day moving average, suggesting resistance levels of $0.60, $0.65, and $0.70.

However, if the phantom price maintains its upward channel trajectory, traders may observe a further bullish trend in the coming sessions. Conversely, if the price retreats below the lower limit of the channel, a bearish scenario could unfold, potentially allowing the coin to reach long-term support levels of $0.40, $0.35, and $0.30.

FTM/BTC is trading at 1134 SAT.

Compared to Bitcoin, the price of Phantom follows a bullish movement as the coin shows an upward trend. However, once the coin crosses the upper boundary of the channel, the market is likely to continue releasing more bullish pressure as the 9-day MA remains above the 21-day MA, indicating that more bullish signals are likely to emerge.

This means that if FTM/BTC declines and slides below the channel lower limit, the coin could hit the nearest support at 1000 SAT, while further bearish movement could push the price down to support levels below 850 SAT. Nonetheless, if the coin continues to follow the bullish move and head upwards, traders may look to push towards resistance levels above 1400 SAT.

phantom alternative

The price of Phantom is showing a significant increase and is currently trading at $0.49. This positive trend is reinforced by bullish movements above the 9-day and 21-day moving averages. Meanwhile, if Phantom continues its positive momentum, there is a possibility that it will exceed the channel ceiling. However, it is important to note that this upward trajectory may encounter higher resistance at that point.

Meanwhile, if we contrast Phantom (FTM) with the emerging token Bitcoin Minetrix, Phantom boasts an established market capitalization of $1.4 billion, demonstrating its stability. However, near-term growth opportunities may be lacking for Bitcoin Minetrix, which has already raised nearly $6 million in the pre-sale phase. Bitcoin Minetrix currently has a low market capitalization, but this suggests there is potential for its value to rise substantially and quickly.

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