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. FTX Token has just crossed the lower Bollinger Band® at $1.39, indicating a downward correction could occur..
FTX Token is likely to reverse course and start pointing downward in the short term.
FTX Token shows positive signs, other assets are also on par: Bitcoin gained 5.26% and is currently trading at $26,337. Chainlink USD goes up 4.93% to trade around $7. Having closed the previous session at $79, Litecoin is up 3.76% today to currently trade at around $81.97.
Over the past 11 months, FTX Token has retreated 97.61% from a noteworthy peak of $51.96. With an average daily volume of 19.60 million.