Crypto Analyst Predicts Strong Year for Fantom and Other Altcoins

Crypto analyst Altcoin Sherpa believes that Fantom (FTM) has the potential to surge by over 15% in 2024. He cites the project’s strong treasury as a reason for his optimism. However, he advises waiting for consolidation before entering a long-term position, targeting a buy-in price of $0.83 or $0.70.

Other Altcoins to Watch

Altcoin Sherpa also provides updates on three other altcoins:

Ethena (ENA):
The analyst predicts a breakout after a period of consolidation around $1.24.

Core (CORE):
A retracement is expected before a move to the upside. The analyst suggests buying in the range of $2.50 to $2.

Mantra (OM):
Despite a lack of a significant price drop to $0.50, the analyst remains bullish on OM due to its focus on real-world asset tokenization./p>