📈 Analysis and forecast for $FORTH on Binance: what’s next? 📉
At 20:19 EEST, July 9, 2025, the price of $FORTH on Binance is $2.39, showing a growth of 3.73% in the last 24 hours. This rise reflects the growing interest in the Ampleforth Governance Token, the governance token of the elastic supply protocol AMPL, attracting the attention of investors in the DeFi sector. The increase in trading volume highlights community activity.
Technically, $FORTH is in an upward trend. On the 4-hour chart, the 50-day SMA has crossed the 200-day from below, signaling bullish momentum. The RSI (14) at around 58 remains in the neutral zone, indicating potential for growth without overbought conditions. Key resistance is at $2.50, a breakout of which could open the way to $2.70. Support is observed at $2.30, below that at $2.20. Holding above $2.39 supports the current momentum.
Forecast: In the coming days, FORTH may test the resistance at $2.50, with a chance to rise to $2.70 by mid-July 2025 if interest remains. By the end of 2025, a rise to $3.50-$4.00 is possible if the Ampleforth ecosystem continues to develop and TVL grows. The long-term outlook for 2030 is $10+, assuming mass adoption and new protocol updates. Risks include correction due to volatility and competition in DeFi. However, the fundamental outlook appears promising.
Outlook? A 3.73% rise and a price of $2.39 are close to the resistance at $2.50. Buying at $2.30 with a target of $2.70 and a stop-loss at $2.20 may be justified. FORTH stands out due to its unique elastic supply model and support from Binance, attracting investors. Community activity highlights speculative potential.
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