Ampleforth Governance Token ($FORTH ) on a growth wave: price $3.083, +8.25% in 24 hours! 📈 This token, managing the DeFi protocol Ampleforth with an elastic supply of AMPL, attracts attention due to the growth of TVL ($1.2B) and activity on Binance.
Analytics: On the daily chart $FORTH is moving above the 50 EMA, RSI (60) is in the neutral zone, trading volumes ($7M) confirm bullish momentum. Key levels: support at $2.8, resistance at $3.3. Short-term forecast: a breakout at $3.2 could raise the price to $3.8 within 1-2 weeks. Long-term: the growth of DeFi and partnerships could drive FORTH to $6.4-$7 by the end of 2025, according to CoinEdition. The positive trend of ETH supports optimism.
Risks: Volatility and token unlocks require caution. DYOR!
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