Ftm price on 24 25 December 2024

Answered at Dec 15, 2024

Fantom (FTM) Price Prediction for December 24-25, 2024

Overview

Fantom (FTM) is a cryptocurrency that has been gaining attention for its potential price movements. As of mid-December 2024, there are varying predictions about its price trajectory. This report will provide a concise analysis based on available forecasts.

Predicted Price Range

  • December 2024 Price Channel: According to CoinCodex, FTM is expected to trade between $1.37105 and $1.75184 by the end of December 2024. The average price is anticipated to be around $1.506382 (CoinCodex).

  • Potential Profit: If FTM reaches the predicted average price, investors could see a potential profit of 24.62% compared to current prices.

Alternative Forecasts

  • LongForecast's Prediction: Another source, LongForecast, offers a more conservative outlook. They predict the price of FTM to be around $0.714 by the end of December 2024, which represents a 26.5% decrease from the beginning of the month (LongForecast).

Key Considerations

  • Market Volatility: Cryptocurrency markets are known for their volatility. The significant difference between the two predictions highlights the uncertainty and potential for rapid price changes.

  • Investment Strategy: Investors should consider these predictions as part of a broader strategy, taking into account their risk tolerance and market conditions.

Conclusion

The price of Fantom (FTM) on December 24-25, 2024, is expected to be within a wide range, from as low as $0.714 to as high as $1.75184. This variance underscores the importance of staying informed and cautious when investing in cryptocurrencies.