Fantom (CRYPTO:FTM) struggles to surpass a resistance block between $0.88 and $0.79, where approximately 110 million FTM tokens, valued at over $82 million, remain stagnant.

Despite recent attempts, the altcoin's price hovers around $0.76, signaling ongoing efforts to breach the resistance zone.

The growing number of whale addresses suggests potential momentum in favor of Fantom, with large investors possibly influencing positive price movements.

If successful, breaking through the resistance could pave the way for FTM's price to reach $0.90 and potentially $1.00, while failure may lead to a fallback to $0.63, jeopardising bullish sentiment.