Fantom (FTM) has shown a notable 11.68% price hike within 24 hours, signaling the possibility of an upcoming market rally. Currently priced at 0.85 USD, FTM aims to recover from a 30.87% monthly drop. If the bullish momentum continues, we might see FTM reach a new HIGH of 1.47 USD.

Recent data indicates that retail investors are the primary force behind FTM’s recent surge. A 17.86% increase in active addresses highlights growing trader interest. As large-volume traders remain inactive, the spotlight is on small-scale investors, potentially strengthening the ongoing bullish trend.

Key technical indicators for FTM suggest the formation of a Golden Cross pattern. This indicates a strong rally may be imminent, supported by positive metrics like elevated funding rates and a higher long-to-short ratio. If whale investors jump back in, it could significantly propel FTM’s upward trajectory.