Four Price Hits New ATH at $3 as Market Shows Confidence and Upside Potential

Highlights:

• The price of Four has hit an all-time high of $3 before retracing to $2.87.
• The recent 50% trade tariffs on the European Union by President Trump have caused a shake-up in the crypto market. 
• FORM technical outlook upholds a bullish sentiment, as bulls target a new ATH at $3.50

The Four price showcases impressive momentum, however, the economic changes around the world could bring instability. According to The Kobeissi Letter and announcements by U.S. President Trump, starting June 1, 2025, the tariff on goods from the European Union will rise to 50%. The president said the EU’s use of tariffs, penalties on companies and lawsuits against US firms have led to a growing trade deficit.

BREAKING: President Trump says a 50% tariff on the European Union will begin June 1st.

The trade war is back. pic.twitter.com/Z3RG4heYsE

— The Kobeissi Letter (@KobeissiLetter) May 23, 2025

Such a new threat in the trade war might unsettle global markets, raising fears and risk preferences of those investing. The recent developments have sent the crypto market reacting negatively, with Bitcoin breaking towards the $109K mark. The four price has notably plunged from its intraday high, however, it still upholds a 4% surge in the past 24 hours. 

Four Price Technical Outlook

On the technical side, FORM is trading around $2.87, held up by a substantial 50-day moving average at $2.71. However, after hitting an intraday high of $3, the Four price started retracing to current price levels. Meanwhile, the RSI has notably retraced from the 70-overbought region, currently at 62.31. Meanwhile, the bulls still have room for further upside, as the liquidity in the FORM market has been swept off.

Besides, the MACD confirms a buying signal, calling for traders to buy more FORM tokens. This is evident as the momentum indicator flirts around the positive area, with increasing green histograms, confirming the bullish outlook. FORM recently recorded a God-candlestick, which shows that buyers now have greater confidence. As long as FORM stays above the support level at $2.71, the bulls will still have the upper hand. 

FORM Derivatives Data and Market Sentiment Signal Confidence

The Four price is experiencing a surge in activity since its volume has soared 245.11% to hit $50.79 million. This shows that more investors are involved in trading the token. Additionally, open interest is now up by 5.10% to $62.55 million, proving that people are taking part actively in the derivatives markets. These numbers point to a market where traders are betting on more gains of FORM.

Further, with its long-to-short ratio holding above 1, it is a clear indication of a bullish picture in the market. With the increased number of options being traded and used, the market believes prices could move strongly, proving that investors are confident in the token.

Meanwhile, if the crypto market regains momentum, the four prices could spike again. With strong support at $2.71, the bulls could ignite a strong leg by reclaiming the $3 mark. A decisive close above this mark will open the door for further upside. In such a case, the bulls will target $3.15 or $3.3 in the coming days. 

On the other hand, if the token continues to retrace, the Four price could fall through to $2.80 and $2.71 support zones. In the meantime, the technical outlook and derivatives data uphold further upside, fueled by a buy signal from the MACD indicator.