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.
Examining the technical analysis landscape, FTX is likely to reverse course and start pointing downward in the short term.
Meanwhile, after ending today's session at $0.517, Ripple lost $0.013 and is trading around $0.504. Dogecoin closed at $0.082 (down 2.72%). TRON is down to $0.065, losing $0.002, after closing at $0.066 in the preceding trading session.
Having set a significant high of $44.83 11 months ago, FTX is trading 97.23% lower. With an average daily volume of 19.60 million.