👻 $FTM : ultra-fast L1 and revolutionary Sonic upgrade — target $1.00? 🔍
📊 Overview
FTM is trading at $0.60–0.70. Fantom completes its migration to the Sonic network, promising 10,000+ TPS and instant finality with full EVM compatibility.
📈 Technically
Supports: $0.50 and $0.40. Resistances: $0.80, $1.00, and $1.20. A break above $0.80 opens the path to $1.00.
🔥 Key triggers
• Sonic Upgrade: a radical improvement in speed and lower fees.
• TVL growth: inflow of liquidity into new DeFi protocols in the ecosystem.
• High developer activity and a strong community.
🎯 Two scenarios:
🚀 Bullish: break above $0.80 ➡ momentum toward $1.00, then $1.20.
📉 Bearish: loss of $0.50 ➡ correction to $0.40 for accumulation.
⚠️ DYOR — not financial advice.
#FTM Do you believe the Sonic upgrade will bring FTM back to $1.00+ this cycle?