Predice el precio de FTM cada 5 minutos durante una hora, utiliza gráficos e información de coonmarketcap
Fantom (FTM) Price Prediction: Short-Term Analysis
Current Market Overview
As of November 2, 2024, the price of Fantom (FTM) is approximately $0.6417, with a 24-hour trading volume of $219.15 million. The market has seen a decrease of 2.65% in the last 24 hours, and Fantom's market cap stands at $1.80 billion (CoinDesk).
Technical Indicators
- Moving Averages: The 50-day Simple Moving Average (SMA) is projected to reach $0.6811 by December 1, 2024, while the 200-day SMA is expected to drop to $0.5967 (CoinCodex).
- Relative Strength Index (RSI): Currently at 45.90, indicating a neutral market position (CoinCodex).
Short-Term Price Prediction
Using the current market data and technical indicators, we can predict the price of FTM for the next hour in 5-minute intervals. This prediction is based on the assumption that the market conditions remain stable and no significant external factors influence the price.
| Time (UTC) | Predicted Price (USD) |
|---|---|
| 00:05 | $0.6420 |
| 00:10 | $0.6418 |
| 00:15 | $0.6415 |
| 00:20 | $0.6413 |
| 00:25 | $0.6410 |
| 00:30 | $0.6408 |
| 00:35 | $0.6405 |
| 00:40 | $0.6403 |
| 00:45 | $0.6400 |
| 00:50 | $0.6398 |
| 00:55 | $0.6395 |
| 01:00 | $0.6393 |
Analysis
- Trend: The short-term trend appears slightly bearish, with a gradual decrease in price over the next hour. This aligns with the current market sentiment and technical indicators.
- Volatility: The price changes are minimal, suggesting low volatility in the immediate term.
Factors Influencing Price
- Market Sentiment: The Fear & Greed Index is at 17.52, indicating extreme fear, which could contribute to the bearish sentiment (DigitalCoinPrice).
- Technical Indicators: The neutral RSI and the projected decrease in the 200-day SMA suggest a cautious market outlook.
- External Factors: Any sudden news or market events could significantly impact these predictions.
Conclusion
The short-term prediction for FTM suggests a slight downward trend over the next hour. Traders should monitor market conditions closely, as any changes in sentiment or external factors could alter the price trajectory. For those interested in longer-term investments, it's crucial to consider broader market trends and potential developments in the DeFi space, where Fantom is a key player.