- So, FTM decided to throw a party and guess what? It surged over 20% in less than two days. Who knew?
- Whale activity is up, and the MVRV ratio is looking like it just found a winning lottery ticket. More fun ahead!
Fantom’s [FTM] price is like that friend who suddenly gets their act together after a long slump. It cleared the critical Fair Value Gap around $0.435, and now it’s strutting around like it owns the place.
After bouncing off that key price level, which is basically a launchpad for a new bull run, FTM is racking up some serious bullish momentum. I mean, a 20% rally in 48 hours? That’s like finding a $20 bill in your old coat pocket!
Whales are making big moves, folks!
And here’s the kicker: FTM’s on-chain data is showing a whale activity spike that’s more dramatic than a soap opera. Large transactions are up by 194% in the last 24 hours. Major investors are scooping up Fantom like it’s the last slice of pizza at a party.
Historically, when whales start making waves, big price movements follow. So, if this trend keeps up, FTM might just keep its bullish momentum. Who doesn’t love a good comeback story?
Fantom’s MVRV ratio is feeling bullish
Now, according to Santiment data, FTM’s MVRV ratio is sitting at a cozy -100%. That’s right, negative! It’s like being in a relationship where you’re always the one putting in the effort. A negative MVRV usually means the asset is undervalued. So, many FTM investors are holding at a loss, but hey, it’s all part of the game, right?
This could be the calm before the storm, as market participants look to buy at discounted levels. It’s like waiting for the clearance sale at your favorite store!
Is FTM ready for another bullish run?
FTM is flexing its muscles after clearing that key Fair Value Gap. With whales piling in and a favorable MVRV ratio, Fantom seems to be on the mend from its recent dramatic dips. It’s like watching a comeback kid in a sports movie!
Check out Fantom’s [FTM] Price Prediction 2025-26. Spoiler alert: it might just be a wild ride!
The recent bullish momentum suggests buyers are stepping in to push prices higher. If this bullish sentiment sticks around, FTM could be reaching for those higher resistance levels soon. Buckle up, folks! 🚀
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2025-02-01 08:10