After closing the previous trading day at $1.24, FTX Token is up to $1.36, which makes for a move of 9.54%/$0.119 today.
The Commodity Channel Index (CCI) indicator is below -100, meaning the market price is unusually low and below its rolling moving average. Technical analysis indicates that a new, strong downtrend could be forthcoming with short positions favored. Having crossed its lower Bollinger Band® at $1.39, FTX Token could be headed for a downward correction.
Overall, looking at the technical analysis landscape, it seems FTX is likely to reverse course and start pointing down in the short term.
At the same time, after ending today's session at $6.63, UNICORN Token USD lost $0.197 and is trading around $6.43. Ripple is down to $0.458, losing $0.007, after closing at $0.465 in the preceding trading session. After ending today's session at $0.391, Cardano lost $0.006 and is trading around $0.385.
FTX Token has shed 94.95% over the past six months. With an average daily volume of 19.60 million.